56-508 - Extension of service to territory not being served. - Virginia Statutes

§ 56-508. Extension of service to territory not being served.

If, from any rural territory not now being served, application be made to theState Corporation Commission by a group of five or more persons, natural orartificial, to require an extension of telephone service to such territory,the Commission shall, if necessary to accomplish the purposes sought, fix atime for hearing upon the application, on such terms and conditions as theCommission prescribes, and, if it be established to the satisfaction of theCommission that a proper guaranteed revenue for a sufficient number of yearswill accrue to any company which may be required to construct the desiredextension, and that a reasonable return will accrue to the companyconstructing the extension, then the Commission is authorized to require thenearest, or most advantageously located public telephone company to suchterritory to construct such extension to such point or points in suchterritory and to serve such customer or customers therein, as in its judgmentis deemed right and proper.

(1950, p. 595; 1956, c. 434.)