PUBLIC-SERVICE CORPORATIONS
\pˈʌblɪksˈɜːvɪs kˌɔːpəɹˈe͡ɪʃənz], \pˈʌblɪksˈɜːvɪs kˌɔːpəɹˈeɪʃənz], \p_ˈʌ_b_l_ɪ_k_s_ˈɜː_v_ɪ_s k_ˌɔː_p_ə_ɹ_ˈeɪ_ʃ_ə_n_z]\
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Those whose operations serve the needs of the general public or conduce to the comfort and convenience of an entire community, such as railroads, gas, water, and electric light companies. The business of such companies is said to be "affected with a public Interest," and for that reason they are subject to leg islative regulation and control to a greater extent than corporations not of this character.
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.