[Federal Register Volume 60, Number 13 (Friday, January 20, 1995)]
[Notices]
[Page 4191]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-1510]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32635]
Morris H. Kulmer, Kern W. Schumacher, Troy W. Schumacher and
Michael J. Van Wagenen--Continuance in Control Exemption--V&S Railway,
Inc.
Morris H. Kulmer, Kern W. Schumacher, Troy W. Schumacher and
Michael J. Van Wagenen, noncarrier individuals (applicants), have filed
a notice of exemption to continue in control of V&S Railway, Inc. (V&S)
upon V&S's becoming a carrier. V&S has concurrently filed a related
notice of exemption, V&S Railway, Inc.--Acquisition and Operation
Exemption--Rail Line of St. Louis Southwestern Railway Company, in
Finance Docket No. 32634, in which V&S is seeking to acquire and
operate approximately 65.0 miles of rail line in Franklin, Hopkins,
Delta, Titus and Hunt Counties, TX.
The control transaction was to have been consummated on or about
December 30, 1994.
Applicants also control two other nonconnecting class III rail
carriers: Tulare Valley Railroad Company, operating in California, and
SF&L Railway, Inc., operating in Texas.
Applicants state that: (1) the properties operated by these three
carriers do not connect with each other; (2) the control is not part of
a series of anticipated transactions that would connect the railroads
with each other or any railroad in their corporate family; and (3) the
transaction does not involve a class I carrier. The transaction
therefore is exempt from the prior approval requirements of 49 U.S.C.
11343. See 49 CFR 1180.2(d)(2).
As a condition to use of this exemption, any employees affected by
the transaction will be protected by the conditions set forth in New
York Dock Ry.--Control--Brooklyn Eastern Dist., 360 I.C.C. 60 (1979).
Petitions to revoke the exemption under 49 U.S.C. 10505(d) may be
filed at any time. The filing of a petition to revoke will not
automatically stay the transaction. Pleadings must be filed with the
Commission and served on: Mark H. Sidman, Suite 800, 1350 New York
Ave., NW., Washington, DC 20005-4797.
Decided: January 11, 1995.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams
Secretary
[FR Doc. 95-1510 Filed 1-19-95; 8:45 am]
BILLING CODE 7035-01-P
