Appalachian & Ohio Railroad, Inc.-Lease and Operation Exemption-CSX Transportation, Inc., 12267-12268 [05-4833]

Download as PDF Federal Register / Vol. 70, No. 47 / Friday, March 11, 2005 / Notices continues to find its exemption process appropriate to the statutory and regulatory requirements. Issued on: March 4, 2005. Rose A. McMurray, Associate Administrator, Policy and Program Development. [FR Doc. 05–4844 Filed 3–10–05; 8:45 am] BILLING CODE 4910–EX–P DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34654] Watco Companies, Inc.—Continuance in Control Exemption—Appalachian & Ohio Railroad, Inc. Watco Companies, Inc. (Watco), has filed a verified notice of exemption to continue in control of Appalachian & Ohio Railroad, Inc. (AO), upon AO’s becoming a Class III rail carrier. The transaction is scheduled to be consummated on or shortly after March 25, 2005. This transaction is related to a concurrently filed verified notice of exemption in STB Finance Docket No. 34653, Appalachian & Ohio Railroad, Inc.—Lease and Operation Exemption— CSX Transportation, Inc., wherein AO seeks to acquire by lease from CSX Transportation, Inc. (CSXT) and operate approximately 158.22 miles of rail lines in the State of West Virginia.1 Watco, a Kansas corporation, is a noncarrier that currently controls 10 Class III rail carriers: South Kansas and Oklahoma Railroad Company (SKO), Palouse River & Coulee City Railroad, Inc. (PRCC), Timber Rock Railroad, Inc. (TIBR), Stillwater Central Railroad (SLWC), Eastern Idaho Railroad, Inc. (EIRR), Kansas & Oklahoma Railroad, Inc. (K&O), Pennsylvania Southwestern Railroad, Inc. (PSWR), Great Northwest Railroad, Inc. (GNR), Kaw River Railroad, Inc. (KRR), and Mission Mountain Railroad, Inc. (MMT). Applicant states that: (1) The rail lines operated by SKO, PRCC, TIBR, SLWC, EIRR, K&O, PSWR, GNR, KRR, and 1 The rail lines being leased are between: (1) Milepost BUC 0.0, at Berkeley Run Jct., WV, and milepost BUC 119.0, at Cowen, WV; (2) milepost BUN 0.0, at Berryburg Jct., WV, and milepost BUN 4.0, at the Sentinel Mine near Berryburg Jct.; (3) milepost BUO 0.0, at Century Jct., WV, and milepost BUO 5.05, at the Century Mine, near Century Jct.; (4) milepost BUJ 0.0, at Buckhannon, WV, and milepost BUJ 1.65, near Buckhannon; (5) milepost BUF 0.0, at Burnsville, WV, and milepost BUF 6.2, at Gilmer, WV; (6) milepost BUR 0.0, at Cowen, and milepost BUR 1.0, near Cowen; (7) milepost BUH 0.0, at Hampton Jct., WV, and milepost BUH 17.0, at Alexander, WV; and (8) milepost BTF 0.0, at Island Creek Jct., WV, and milepost BTF 4.32, near Island Creek Jct. VerDate jul<14>2003 16:40 Mar 10, 2005 Jkt 205001 MMT do not connect with the rail lines being leased by AO; (2) the continuance in control is not part of a series of anticipated transactions that would connect the rail lines being acquired by AO with any railroad in the Watco corporate family; and (3) neither AO nor any of the carriers controlled by Watco are Class I rail carriers. Therefore, the transaction is exempt from the prior approval requirements of 49 U.S.C. 11323. See 49 CFR 1180.2(d)(2). The purpose of the transaction is to reduce overhead expenses, coordinate billing, maintenance, mechanical and personnel policies and practices of applicant’s rail carrier subsidiaries, thereby improving the overall efficiency of rail service provided by the 11 railroads. Under 49 U.S.C. 10502(g), the Board may not use its exemption authority to relieve a rail carrier of its statutory obligation to protect the interests of its employees. Section 11326(c), however, does not provide for labor protection for transactions under sections 11324 and 11325 that involve only Class III rail carriers. Accordingly, the Board may not impose labor protective conditions here, because all of the carriers involved are Class III carriers. 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. 34654, must be filed with the Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423– 0001. In addition, a copy of each pleading must be served on Karl Morell, Of Counsel, Ball Janik LLP, 1455 F Street, NW., Suite 225, Washington, DC 20005. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: March 7, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–4834 Filed 3–10–05; 8:45 am] BILLING CODE 4915–01–P PO 00000 Frm 00097 Fmt 4703 Sfmt 4703 12267 DEPARTMENT OF TRANSPORTATION Surface Transportation Board [STB Finance Docket No. 34653] Appalachian & Ohio Railroad, Inc.— Lease and Operation Exemption—CSX Transportation, Inc. Appalachian & Ohio Railroad, Inc. (AO), a noncarrier, has filed a verified notice of exemption under 49 CFR 1150.31 to lease, from CSX Transportation, Inc. (CSXT), and operate approximately 158.22 miles of rail line extending between: (1) milepost BUC 0.0, at Berkeley Run Jct., WV, and milepost BUC 119.0, at Cowen, WV; (2) milepost BUN 0.0, at Berryburg Jct., WV, and milepost BUN 4.0, at the Sentinel Mine near Berryburg Jct.; (3) milepost BUO 0.0, at Century Jct., WV, and milepost BUO 5.05, at the Century Mine, near Century Jct.; (4) milepost BUJ 0.0, at Buckhannon, WV, and milepost BUJ 1.65, near Buckhannon; (5) milepost BUF 0.0, at Burnsville, WV, and milepost BUF 6.2, at Gilmer, WV; (6) milepost BUR 0.0, at Cowen, and milepost BUR 1.0, near Cowen; (7) milepost BUH 0.0, at Hampton Jct., WV, and milepost BUH 17.0, at Alexander, WV; and (8) milepost BTF 0.0, at Island Creek Jct., WV, and milepost BTF 4.32, near Island Creek Jct. AO certifies that its projected revenues as a result of this transaction will not exceed those that would qualify it as a Class III rail carrier. However, because its projected annual revenues will exceed $5 million, AO also certifies that it has complied with the posting and service requirements of 49 CFR 1150.32(e). In accordance with that section, the transaction cannot be consummated before March 22, 2005, the effective date of the exemption. The transaction is scheduled to be consummated on or shortly after March 25, 2005. This transaction is related to STB Finance Docket No. 34654, Watco Companies, Inc.—Continunance in Control Exemption—Appalachian & Ohio Railroad, Inc., wherein Watco Companies, Inc., has concurrently filed a verified notice of exemption to continue in control of AO upon its becoming a carrier. 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. 34653, must be filed with E:\FR\FM\11MRN1.SGM 11MRN1 12268 Federal Register / Vol. 70, No. 47 / Friday, March 11, 2005 / Notices the Surface Transportation Board, 1925 K Street, NW., Washington, DC 20423– 0001. In addition, a copy of each pleading must be served on Karl Morell, Of Counsel, Ball Janik LLP, 1455 F Street, NW., Suite 225, Washington, DC 20005. Board decisions and notices are available on our Web site at http:// www.stb.dot.gov. Decided: March 7, 2005. By the Board, David M. Konschnik, Director, Office of Proceedings. Vernon A. Williams, Secretary. [FR Doc. 05–4833 Filed 3–10–05; 8:45 am] BILLING CODE 4915–01–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request March 7, 2005. The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Pub. L. 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before April 11, 2005 to be assured of consideration. Departmental Offices/Office of the Undersecretary for Domestic Finance; Proposed Collection; Comment Request OMB Number: 1505–0174. CFR Cite: 12 CFR 1501.2. Type of Review: Extension. Title: Financial Subsidiaries (Interim Final Rule). Description: The regulation explains how a party may request that the Secretary of the Treasury determine that an activity is financial in nature and therefore one in which a financial subsidiary of a national bank may engage pursuant to 12 U.S.C. 24a. Respondents: Business or other forprofit. Estimated Number of Respondents: 2. Estimated Burden Hours Per Respondent: 20 Hours. Frequency of Response: On Occasion. Estimated Total Reporting Burden: 40 hours. OMB Number: 1505–0179. VerDate jul<14>2003 16:40 Mar 10, 2005 Jkt 205001 CFR Cite: 12 CFR 1501.2. Type of Review: Extension. Title: Financial Subsidiaries (Interim Final Rule). Description: The rule finds three types of activities to be financial in nature pursuant to 12 U.S.C. 24a(b)(3) and creates a means by which national banks may request that the Secretary define particular activities within one of the three categories. Respondents: Business or other forprofit. Estimated Number of Respondents: 1. Estimated Burden Hours Per Respondent: 20 hours. Frequency of Response: On Occasion. Estimated Total Reporting Burden: 20 hours. OMB Number: 1505–0182. CFR Cite: 12 CFR Part 1500. Type of Review: Extension. Title: Merchant Banking Investments. Description: The rule requires financial holding companies engaged in merchant banking activities to maintain certain policies, procedures, records and systems to manage and monitor such activities in a safe and sound manner. Respondents: Business or other forprofit. Estimated Number of Respondents: 450. Estimated Burden Hours Per Respondent: 50 hours. Estimated Total Reporting Burden: 22,500 hours. Clearance Officer: Lois K. Holland, Departmental Offices, Room 2110, 1425 New York Avenue, NW., Washington, DC 20220, (202) 622–1563. OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, (202) 395–7316. Christopher L. Davis, Treasury PRA Assistant. [FR Doc. 05–4821 Filed 3–10–05; 8:45 am] BILLING CODE 4811–16–P DEPARTMENT OF THE TREASURY Submission for OMB Review; Comment Request OMB reviewer listed and to the Treasury Department Clearance Officer, Department of the Treasury, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220. DATES: Written comments should be received on or before April 11, 2005 to be assured of consideration. Departmental Offices/International Affairs OMB Number: 1505–0123. Form Numbers: SHL—Schedule 1, SHL–Schedule 2; and other years SHLA—Schedule 1, SHLA—Schedule 2. Type of Review: Revision. Title: Survey of Foreign-Residents’ Holdings of U.S. Securities. Description: The survey collects information on foreign residents’ holdings of U.S. securities, including selected money market instruments. The data is used in the computation of the U.S. balance of payments accounts and U.S. international investment position, in the formulation of U.S. financial and monetary policies, to satisfy 22 U.S.C. 3101, and for information on foreign portfolio investment patterns. Respondents are primarily the largest banks, securities dealers, and issuers of U.S. securities. Respondents: Business or other forprofit, Not-for-profit institutions. Estimated Number of Respondents/ Recordkeepers: 360. Estimated Burden Hours Per Respondent/Recordkeeper: 110 hours. Frequency of Response: Annually. Estimated Total Reporting/ Recordkeeping Burden: 39,600 hours. Clearance Officer: Lois K. Holland, Departmental Offices, Room 11000, 1750 Pennsylvania Avenue, NW., Washington, DC 20220, (202) 622–1563. OMB Reviewer: Joseph F. Lackey, Jr., Office of Management and Budget, Room 10235, New Executive Office Building, Washington, DC 20503, (202) 395–7316. Lois K. Holland, Treasury PRA Clearance Officer. [FR Doc. 05–4822 Filed 3–10–05; 8:45 am] BILLING CODE 4811–16–P March 4, 2005. DEPARTMENT OF THE TREASURY The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Pub. L. 104–13. Copies of the submission(s) may be obtained by calling the Treasury Bureau Clearance Officer listed. Comments regarding this information collection should be addressed to the Submission for OMB Review; Comment Request PO 00000 Frm 00098 Fmt 4703 Sfmt 4703 March 7, 2005. The Department of the Treasury has submitted the following public information collection requirement(s) to OMB for review and clearance under the Paperwork Reduction Act of 1995, Pub. L. 104–13. Copies of the submission(s) E:\FR\FM\11MRN1.SGM 11MRN1

Agencies

[Federal Register Volume 70, Number 47 (Friday, March 11, 2005)]
[Notices]
[Pages 12267-12268]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-4833]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34653]


Appalachian & Ohio Railroad, Inc.--Lease and Operation 
Exemption--CSX Transportation, Inc.

    Appalachian & Ohio Railroad, Inc. (AO), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to lease, from CSX 
Transportation, Inc. (CSXT), and operate approximately 158.22 miles of 
rail line extending between: (1) milepost BUC 0.0, at Berkeley Run 
Jct., WV, and milepost BUC 119.0, at Cowen, WV; (2) milepost BUN 0.0, 
at Berryburg Jct., WV, and milepost BUN 4.0, at the Sentinel Mine near 
Berryburg Jct.; (3) milepost BUO 0.0, at Century Jct., WV, and milepost 
BUO 5.05, at the Century Mine, near Century Jct.; (4) milepost BUJ 0.0, 
at Buckhannon, WV, and milepost BUJ 1.65, near Buckhannon; (5) milepost 
BUF 0.0, at Burnsville, WV, and milepost BUF 6.2, at Gilmer, WV; (6) 
milepost BUR 0.0, at Cowen, and milepost BUR 1.0, near Cowen; (7) 
milepost BUH 0.0, at Hampton Jct., WV, and milepost BUH 17.0, at 
Alexander, WV; and (8) milepost BTF 0.0, at Island Creek Jct., WV, and 
milepost BTF 4.32, near Island Creek Jct.
    AO certifies that its projected revenues as a result of this 
transaction will not exceed those that would qualify it as a Class III 
rail carrier. However, because its projected annual revenues will 
exceed $5 million, AO also certifies that it has complied with the 
posting and service requirements of 49 CFR 1150.32(e). In accordance 
with that section, the transaction cannot be consummated before March 
22, 2005, the effective date of the exemption. The transaction is 
scheduled to be consummated on or shortly after March 25, 2005.
    This transaction is related to STB Finance Docket No. 34654, Watco 
Companies, Inc.--Continunance in Control Exemption--Appalachian & Ohio 
Railroad, Inc., wherein Watco Companies, Inc., has concurrently filed a 
verified notice of exemption to continue in control of AO upon its 
becoming a carrier.
    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. 34653, must be filed with

[[Page 12268]]

the Surface Transportation Board, 1925 K Street, NW., Washington, DC 
20423-0001. In addition, a copy of each pleading must be served on Karl 
Morell, Of Counsel, Ball Janik LLP, 1455 F Street, NW., Suite 225, 
Washington, DC 20005.
    Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.

    Decided: March 7, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-4833 Filed 3-10-05; 8:45 am]
BILLING CODE 4915-01-P