1. The current values are based on a January 1, 2008, valuation date . 2. This completed the mileage of road owned and operated on valuation date . 3. The remaining 70.325 miles constitutes the property in existence on valuation date . 4. On valuation date the owned mileage of the carrier was as follows: 5. The economic conditions are considered at the Antecedent Valuation Date . 6. Next, age-to-age factors are determined by calculating the ratio of losses at subsequent valuation dates . 7. On valuation date the ownership of some 22 miles of this road was in dispute. 8. Valuations date from the 1820s and 1830s.9. First, throughout the bill's history, the valuation date and interest-accrual date moved about in an apparently uncoordinated way. 10. The notes were evidently paid, as they did not appear on the books of the carrier on valuation date .