Shenandoah Valley Railroad v. Shepherd

26 W. Va. 672, 1885 W. Va. LEXIS 104
West Virginia Supreme Court·Decided October 2, 1885·Published·Cited by 13 cases

Opinion

Green, Judge:

The instructions'set out in the first bill of exceptions were intended to lay down a rule to govern the jury in its appraisement of the value of the parcel of land ninety feet long by sixty-six feet wide taken by the railroad company from the detendants. Upon this question Judge Field in delivering the opinion of the Supreme Coui’t of the United States in Boom Company v. Paterson, 98 U. S. 408, says : “So many and varied are the circumstances to be taken into account in determining the value of property condemned for public purposes, that it is pei’haps impossible to formulate a rule to govern its appraisement in all cases. Exceptional circumstances will modify the most carefully governed rule; but as a general [678] thing, we should say that the compensation to the owner is to be estimated by reference to the uses for which the property is suitable, having regard to the existing business or wants of the community, or such as may reasonably be expected in the immediate future.” Just preceding this Justice Field had said: “In determining the value of land appropriated for public purposes the same considerations are to be regarded as in a sale of property between private parties. The inquiry in such cases must be what is the property worth in the market, viewed not merely with reference to the uses to which it is applied, but with reference to the uses for which it is plainly adapted; that is to say, what is it worth from its availability for valuable uses. Property is not to be deemed worthless because the owner allows it to go to waste, or to be regarded as valueless because he is unable to put it to any use. Others may 'be able to use it and make it subserve the necessities or conveniences of life. Its capability of being made thus available gives it a market-value which can be readily estimated.”

In that case the defendant, Paterson, owned certain islands in the Mississippi river above St. Anthony’s Falls. The position of these islands especially fitted them in connection with the west bank of the river to form a boom of very extensive dimensions at a very small cost. The jury found a general verdict for $9,358.33, but found specially, that the compensation which the owner of the land was entitled to, if the adaptability of these islands for boom-purposes was uot considered, would be $300.00; but if it was considered, his just compensation they estimated at $9,058.33. The company asked a new trial and the court granted the motion, unless the proprietor would reduce the verdict to $5,500.00, which he elected to do; and judgment was rendered accordingly. In the opinion of the Supreme Court it appears, that the boom-company claimed, that no one but them could use these islands for boom-purposes, they having by their charter a monopoly of this business on the river. And, as I understand the court, if this had beeu true, the value of these islands for boom-purposes should not have been included in the estimate of the proprietor’s compensation ; but as this boom-company had no such monopoly, the special value of [679] these islands for boom-purposes was properly considered in fixing the compensation of the proprietor, (pp. 408-9.) It appears from this case, that the Mississippi river is a navigable stream above St. Anthony’s Falls, and that booming of timber on it was a business; and though the evidence is not stated very fully, yet from what is said in the opinion, I think, the inference is but fair, that this business of booming was such as to add to the market-value of these islands because of their adaptability for booming-purposes. In the paragraph we have quoted Judge Field says : “ Begard should be had to the existing business or wants of the community or such as may be reasonably expected in the immediate future.” I presume in this case there must have been evidence, which justified the jury and the court in holding, that the market value of these islands was increased by the condition of the existing boom-business on this part of the Mississippi river or by what could be regarded would be the condition of this booming-business in the immediate future. I am the more persuaded that this was so, because.the court cites approvingly on page 410 the case of Young v. Harrison, 17 Ga. 30, where the court say of this case: “ In it, where land necessary for the abutment of a bridge was appropriated, the supreme court of Georgia held, that its value was not to be restricted to its agricultural or productive capacities, but that enquiry might be made as to all the purposes to which it could be applied having reference to the existing and prospective wants of the community. Its value as a bridge-site was, therefore, allowed in the estimate of compensation to be awarded to the owner.” My inference from this case, relied upon by the defendant in error, is that which is drawn by the reporter in the syllabus of the case and that is: In determining the value of land appropriated for public purposes, the same considerations are to be regarded as in a sale between private parties, the enquiry in such case being, what, from their availability for valuable uses, are they worth in market.” And as a general rule, compensation to the owner is to be estimated by reference to the uses for which the appropriated lands are suitable, having regard to the existing business or wants of the community, or such as may be reasonably expected in the immediate future.” It seems [680] to me, that the law is as correctly and as definitely laid down in the syllabus of this case as it can well be done, except that instead of using the words in the conclusion “or such as may be reasonably expected in the immediate future,” I would deem the law. more accurately stated if the language had been : “ or such as may be reasonably expected in the near future.” The value of property at a remote future time is inadmissable as a basis for assessing its present value; it partakes too much of the speculative. See Everett v. Union Pacific Railroad Co., 10 American and English Rail way Cases, 204, 206. The wants of the community in the future must be in a future not so remote as not to affect the present market value. (See Cobb v. Boston, 112 Mass. 183.)

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Shenandoah Valley Railroad v. Shepherd, 26 W. Va. 672, 1885 W. Va. LEXIS 104 (W. Va. 1885).

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