Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 11 · column 3 of 4 · from the scan, no model involved
company cuntenu* uuu n uccua prompt temporary rate relief because, among other things, it is unable to earn the rate of return authorized by the Commission in its last rate case due to (a) an overall increase in plant investment and an increased investment per telephone, which has led to greater depreciation charges and greater property _ taxes per revenue producing unit, (b) increases in other costs, not including capital costs, and (c) lower than expected intrastate toll revenue.
Company requests that the proposed surcharge go into effect on November 27, 1976, without suspension. However, the Commission, has by order of November 1, 1976, suspended the effective date until January 1, 1977, pending an investigation by its Staff. A hearing will be held, commencing at 10:00 A.M., December 3, 1975, in the Commission’s Courtroom, Blanton Building, Richmond, Virginia. The purpose of the hearing will be to receive evidence from the Company and the Commission’s Staff regarding the Company’sneed for a temporary rate increase prior to a complete investigation and public hearing.
CENTRAL TELEPHONE COMPANY OF VIRGINIA 11/25
89.8%