[Federal Register Volume 63, Number 134 (Tuesday, July 14, 1998)]
[Notices]
[Page 37932]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-18725]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33579]
Gauley River Railroad, LLC--Purchase, Lease and Operation
Exemption--CSX Transportation, Inc.
Gauley River Railroad, LLC (GRIV), a noncarrier, has filed a notice
of exemption under 49 CFR 1150.31 to purchase from CSX Transportation,
Inc. (CSXT) and operate approximately 30.7 miles of rail line in West
Virginia.1 GRIV will acquire two rail line segments: (1)
between milepost BUE-119 (Valuation Station 5035+89.6) near Cowen, WV,
and milepost BUE-129 (Valuation Station 5563+89.6) at Allingdale, WV
(Line A) and (2) between milepost BUE-12.4 (Valuation Station
1096+48.2) at Muddlety Falls, WV, and milepost BUE-20.7 (Valuation
Station 1092+45), including the McMillion Creek Branch, Delmont Branch,
and all other connecting spur and sidetracks (Line C). GRIV will also
sublease from CSXT a third line segment, which connects or bridges
together Line A and Line C, extending from milepost BUE-0.0 (Valuation
Station 441+43) at Allingdale, WV, to milepost BUE-12.4 (Valuation
Station 649+86.8) at Muddlety Falls, WV (Line B). Line B serves as a
connecting stretch of railroad linking together Lines A, B, and
C.2
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\1\ GRIV certifies that its projected revenues will not exceed
those that would qualify it as a Class III carrier.
\2\ Line B is currently owned by Strouds Creek and Muddlety
Railroad (SC&M). SC&M leases the line to CSXT. According to CSXT's
lease agreement with SC&M, CSXT is permitted to enter into the
contemplated sublease.
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The transaction was expected to be consummated on or shortly after
June 25, 1998.
If the verified notice contains false or misleading information,
the exemption is void ab initio. Petitions to revoke the exemption
under 49 U.S.C. 10502(d) may be filed at any time. The filing of a
petition to revoke will not automatically stay the transaction.
An original and 10 copies of all pleadings, referring to STB
Finance Docket No. 33579, must be filed with the Surface Transportation
Board, Office of the Secretary, Case Control Unit, 1925 K Street, NW,
Washington, DC 20423-0001. In addition, one copy of each pleading must
be served on Keith G. O'Brien, Esq., Rea, Cross & Auchincloss, Suite
570, 1707 L Street, NW, Washington, DC 20036.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: July 6, 1998.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-18725 Filed 7-13-98; 8:45 am]
BILLING CODE 4915-00-P
