[Federal Register Volume 60, Number 177 (Wednesday, September 13, 1995)]
[Notices]
[Page 47591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-22734]
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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32758]
Portland & Western Railroad, Inc.--Lease and Operation
Exemption--Southern Pacific Transportation Company
Portland & Western Railroad, Inc. (PNWR), a noncarrier, has filed a
notice of exemption to lease from Southern Pacific Transportation
Company (SPT) and to operate three rail segments, all in the State of
Oregon, totaling approximately 52.68 miles: (1) The 28.91-mile
Tillamook Branch, between milepost 741.59 near Willsburg Jct. and
milepost 770.50 near Schefflin; (2) the 9.45-mile Westside-Seghers
Branch, between milepost 764.80 near Hillsboro and milepost 754.57 near
Seghers; 1 and (3) the 14.32-mile Newberg Branch, between milepost
763.99 near Cook and milepost 749.67 near Newberg. SPT also granted
PNWR incidental overhead trackage rights to operate over 3.69 miles of
rail line between milepost 768.00 at Brooklyn Yard and the point of
connection with the Tillamook Branch at milepost 741.59 near Willsburg
Jct. The notice became effective on August 15, 1995.
\1\ Although the mileposts for this line segment suggest that
the line is 10.23 miles long, the actual mileage is 9.45 miles. The
discrepancy is attributable to the mileposts not having been
redesignated to reflect a previous abandonment.
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PNWR is 100% owned and controlled by Genesee & Wyoming Industries,
Inc. (GWI), and GWI controls nine class III rail carriers through stock
ownership. Because, the three SPT lines connect with lines operated by
Willamette & Pacific Railroad, Inc., a GWI controlled rail carrier, GWI
has petitioned for an exemption in Genesee & Wyoming Industries, Inc.--
Continuance in Control Exemption--Portland & Western Railway, Inc.,
Finance Docket No. 32759, to continue in control of PNWR and the other
railroads in its corporate family after PNWR becomes a class III rail
carrier. To consummate the instant transaction before Finance Docket
No. 32759 is decided, GWI has placed PNWR in an independent voting
trust. 49 CFR 1013.
Any comments must be filed with the Commission and served on Eric
M. Hocky, Gollatz, Griffin & Ewing, P.C., P.O. Box 796, 213 West Miner
Street, West Chester, PA 19381-0796.
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: September 6, 1995.
By the Commission, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-22734 Filed 9-12-95; 8:45 am]
BILLING CODE 7035-01-P