[Federal Register Volume 60, Number 248 (Wednesday, December 27, 1995)]
[Notices]
[Page 66994]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31318]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32796]
West Texas and Lubbock Railroad Company, Inc.; Purchase and
Operation Exemption; Seagraves, Whiteface and Lubbock Railroad Company
The West Texas and Lubbock Railroad Company (WTLR) has filed a
notice of exemption to acquire from Seagraves, Whiteface and Lubbock
Railroad Company (SWGR) 1 and operate the approximately 113-mile
SWGR rail system, consisting of three connecting branch lines as
follows: (1) Between milepost 0.0 at Lubbock, TX (Burlington Northern
and Santa Fe connection), and milepost 63.8 at Seagraves, TX; (2)
between milepost 0.0 at Doud, TX (connection with SWGR Lubbock to
Seagraves line), and milepost 39.2 at Whiteface, TX; and (3) The Pan
American Spur from milepost 36.3 (at Coble, TX) to ``end of track''
(approximately 9.3 miles). WTLR will also obtain ancillary overhead
trackage rights currently held by SWGR over certain lines and yard
tracks of The Atchison, Topeka and Santa Fe Railway Company (``ATSF'')
as follows: Milepost 88 + 0748.6 feet and Lubbock Subdivision milepost
675 + 518.5 feet, including tracks numbers 40, 292, 93, 92, 25, 4, 3,
90, 58, 57, 56, 36 and 2 in ATSF's Lubbock Yard. These incidental
trackage rights will enable WTLR to interchange cars with connecting
class I carriers. The lines described in this paragraph are located in
Gaines, Terry, Cochran and Hockley Counties, TX.
\1\ Anderson Grain Corporation (Anderson), of Levelland, Texas,
filed an ``objection'' to this notice. The Commission will issue a
separate decision on Anderson's pleading.
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The proposed transaction was expected to be consummated on October
25, 1995. WTLR certified that its projected revenues do not exceed
those that would qualify it as a class III carrier.
WTLR owns no railroad lines and conducts no rail operations subject
to the Commission's jurisdiction. Rail America, Inc. (RAI) owns 100% of
WTLR's stock. RAI owns or controls six other class III shortline
railroads.
This transaction is related to a notice of exemption filed in
RailAmerica, Inc.--Continuance in Control Exemption--West Texas and
Lubbock Railroad Company, Inc. and Plainview Terminal Company, Finance
Docket No. 32797, for RAI to continue in control of WTLR and Plainview
Terminal Company (PTC) and five other class III railroads upon PTC and
WTLR becoming class III rail carriers.
Any comments must be filed with the Commission 2 and served
on: Robert A. Wimbish, Rea, Cross and Auchincloss, 1920 N Street, N.W.,
Suite 420, Washington, D.C. 20036.
\2\ Legislation to sunset the commission on December 31, 1995,
and transfer remaining functions is now under consideration in
Congress. Until further notice, parties submitting pleadings should
continue to use the current name and address.
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This notice is filed under 49 CFR 1150.31. If the notice contains
false or misleading information, the exemption is void ab initio.
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.
Decided: December 19, 1995.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-31318 Filed 12-26-95; 8:45 am]
BILLING CODE 7035-01-P
