[Federal Register Volume 60, Number 40 (Wednesday, March 1, 1995)]
[Notices]
[Page 11112]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-5042]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32615]
Mississippi-Alabama Railroad Authority--Acquisition Exemption--
Norfolk Southern Railway Company
Mississippi-Alabama Railroad Authority (MARA), a noncarrier, has
filed an amended notice of exemption1 to acquire approximately
41.5 miles of rail line owned by Norfolk Southern Railway Company (NS)
between milepost IC-529.5 at Corinth, MS, and milepost IC-571.0 at Red
Bay, AL.2
\1\The notice of exemption was originally filed on November 15,
1994. MARA filed a letter, on December 5, 1994, requesting a delay
in the publication of this and two related notices of exemption.
MARA claimed that it needed to meet state requirements following
enactment of enabling legislation by Alabama and Mississippi
authorizing the creation of MARA. On February 8, 1995, MARA filed
this amended notice of exemption.
\2\The 41.5-mile line segment is within a NS rail line that is
the subject of a feeder line application in Sunshine Mills, Inc.--
Feeder Line Acquisition--Norfolk Southern Railway Company Line
Between Corinth, MS and Haleyville, AL, Finance Docket No. 32337.
MARA asserts that upon approval of this acquisition exemption,
Sunshine Mills, Inc., the feeder line applicant and an active
supporter of the instant acquisition, is expected to request
dismissal of the pending application.
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Redmont Railway Company, Inc. (Redmont), a noncarrier, concurrently
filed a notice of exemption in Redmont Railway Company, Inc.--Lease and
Operation Exemption--Mississippi-Alabama Railroad Authority, Finance
Docket No. 32616, to operate the line under lease from MARA.
Additionally, CAGY Industries, Inc., a noncarrier, concurrently filed a
notice of exemption in CAGY Industries, Inc.--Continuance in Control
Exemption--Redmont Railway Company, Inc., Finance Docket No. 32617, to
continue in control of Redmont and two other class III rail carriers,
once Redmont becomes a rail carrier. The parties intended to consummate
the transaction on or after February 15, 1995.
Any comments must be filed with the Commission and served on:
William P. Jackson, Jr., Jackson & Jessup, P.C., P.O. Box 1240, 3426
North Washington Boulevard, Arlington, VA 22210.
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: February 17, 1995.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-5042 Filed 2-28-95; 8:45 am]
BILLING CODE 7035-01-P
