[Federal Register Volume 64, Number 184 (Thursday, September 23, 1999)]
[Notices]
[Page 51573]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-24577]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33797]
Keystone Railroad, Inc. d/b/a Lake Michigan and Indiana Railroad
Company--Lease and Operation Exemption--Bethlehem Steel Corporation
Keystone Railroad, Inc. (Keystone) d/b/a Lake Michigan and Indiana
Railroad Company (LMIC), a Class III rail carrier, has filed a verified
notice of exemption under 49 CFR 1150.31 to lease and operate
approximately 66 miles of rail line (rail line) 1 in the
State of Indiana owned by Bethlehem Steel Corporation
(BSC).2 The rail line is comprised of former yard and
switching tracks and does not have assigned mileposts. 3
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\1\ Keystone was formerly known as the Philadelphia, Bethlehem
and New England Railroad Company (PBNE). PBNE changed its corporate
name to Keystone, but it will continue to operate lines in the State
of Pennsylvania under the PBNE name. LMIC, a newly established
division of Keystone, will operate the rail line.
\2\ BSC is a noncarrier holding company that controls, directly
and indirectly, eight subsidiary railroads, including Keystone.
\3\ According to Keystone, the rail line has been leased to, and
operated by, Norfolk Southern Railway Company, as the successor to
Consolidated Rail Corporation. Keystone states its belief that the
rail line has been operated as exempt switching and/or yard tracks.
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The transaction is scheduled to be consummated on or about October
1, 1999.
If the verified notice contains false or misleading information,
the exemption is void ab initio. Petitions to reopen the proceeding 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. 33797, 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, a copy of each pleading must be
served on Eric M. Hockey, Esq., Gollatz, Griffin & Ewing, P.C., 213
West Miner Street, P.O. Box 796, West Chester, PA 19381-0796.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: September 15, 1999.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-24577 Filed 9-22-99; 8:45 am]
BILLING CODE 4915-00-P
