Henry Bender recently sent me the facts, as he understands them (having
worked in SP's Valuation Dept.) about the origins of the valuation: the
1913 Railroad Valuation Act directed the ICC to oversee the compilation of
information, to describe all railroad properties as of June, 1916. Thus it
is understandable that valuation work commenced well before 1916 on many
roads.

Tony Thompson Editor, Signature Press, Berkeley, CA
2942 Linden Ave., Berkeley, CA 94705 http://www.signaturepress.com
(510) 540-6538; fax, (510) 540-1937; e-mail, thompson@...
Publishers of books on railroads and on Western history