[Federal Register Volume 61, Number 181 (Tuesday, September 17, 1996)]
[Notices]
[Page 49006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23856]
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DEPARTMENT OF TRANSPORTATION
[STB Finance Docket No. 32982; Finance Docket No. 32657]
Notice of Exemptions
In the Matter of: Iron Road Railways Incorporated, Benjamin F.
Collins, John F. DePodesta, Daniel Sabin, and Robert T. Schmidt--
Control Exemption--Bangor and Aroostook Railroad Company, Canadian
American Railroad Company, Iowa Northern Railway Company, and The
Northern Vermont Railroad Company Incorporated and Iron Road
Railways Incorporated and Bangor and Aroostook Acquisition
Corporation--Control Exemption--Bangor and Aroostook Railroad
Company and Canadian American Railroad Company.
\1\ The ICC Termination Act of 1995, Pub. L. No. 104-88, 109
Stat. 803 (ICCTA), which was enacted on December 29, 1995, and took
effect on January 1, 1996, abolished the Interstate Commerce
Commission and transferred certain functions to the Surface
Transportation Board (Board). This notice relates to functions that
are subject to Board jurisdiction pursuant to 49 U.S.C. 10502 and
11323-27.
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AGENCY: Surface Transportation Board, DOT.
ACTION: Notice of exemptions.
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SUMMARY: The Board: (1) reopens Finance Docket No. 32657 and grants an
exemption allowing control by Benjamin F. Collins, John F. DePodesta,
Daniel Sabin, and Robert T. Schmidt (Individual Petitioners) of the
Bangor and Aroostook Railroad Company, Canadian American Railroad
Company, and Iowa Northern Railway Company; and (2) grants an exemption
in STB Finance Docket No. 32982 for the Individual Petitioners' and
Iron Road Railways Incorporated's continuance in control of The
Northern Vermont Railroad Company Incorporated (NV), upon NV's becoming
a Class III rail carrier, subject to labor protective conditions. NV
filed a notice of exemption in STB Finance Docket No. 32981 to acquire
from Canadian Pacific Limited, doing business as CP Rail System,
approximately 86.41 miles of rail line located in Franklin, Orleans,
Caledonia, and Orange Counties, VT.2 Consummation of that
transaction is contingent upon our exemption of the continuance in
control transaction.
\2\ The notice of exemption was filed on June 7, 1996, and was
scheduled to become effective 7 days later.
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DATES: These exemptions will be effective on September 27, 1996.
Petitions to stay must be filed September 23, 1996. Petitions to reopen
must be filed by October 7, 1996.
ADDRESSES: Send pleadings, referring to STB Finance Docket No. 32982
and/or Finance Docket No. 32657 to: (1) Office of the Secretary, Case
Control Branch, Surface Transportation Board, 1201 Constitution Avenue,
N.W., Washington, D.C. 20423; and (2) David A. Hirsh, Harkins
Cunningham, Suite 600, 1300 19th Street, N.W., Washington, D.C. 20036.
FOR FURTHER INFORMATION CONTACT: Joseph H. Dettmar, (202) 927-5660.
[TDD for the hearing impaired: (202) 927-5721].
SUPPLEMENTARY INFORMATION: Additional information is contained in the
Board's decision. To purchase a copy of the full decision, write to,
call, or pick up in person from: DC News & Data, Inc., Room 2229,
Surface Transportation Board, 1201 Constitution Avenue, N.W.,
Washington, D.C. 20423. Telephone: (202) 289-4357/4359. [Assistance for
the hearing impaired is available through TDD services at (202) 927-
5721].
Decided: September 12, 1996.
By the Board, Chairman Morgan, Vice Chairman Simmons, and
Commissioner Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 96-23856 Filed 9-16-96; 8:45 am]
BILLING CODE 4915-00-P
