Patriot Rail, LLC, Patriot Rail Holdings, LLC, and Patriot Rail Corp.-Control Exemption-Utah Central Railway Company, 64276 [E7-22212]
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64276
Federal Register / Vol. 72, No. 220 / Thursday, November 15, 2007 / Notices
whether to open safety defect
investigations.
Estimated Annual Burden: The
annual burden is estimated to be 84,218
hours. The estimated annual cost is
$8,105,551.
Number of Respondents: 542.
Comments are invited on: Whether
the proposed collection of information
is necessary for the proper performance
of the functions of the Department,
including whether the information will
have practical utility; the accuracy of
the Department’s estimate of the burden
of the proposed information collection;
ways to enhance the quality, utility and
clarity of the information to be
collected; and ways to minimize the
burden of the collection of information
on respondents, including the use of
automated collection techniques or
other forms of information technology.
Daniel C. Smith,
Associate Administrator for Enforcement.
[FR Doc. E7–22265 Filed 11–14–07; 8:45 am]
BILLING CODE 4910–59–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 35102]
Patriot Rail, LLC, Patriot Rail Holdings,
LLC, and Patriot Rail Corp.—Control
Exemption—Utah Central Railway
Company
pwalker on PROD1PC71 with NOTICES
Patriot Rail, LLC (PRL) and its
subsidiaries, Patriot Rail Holdings, LLC
(PRH) and Patriot Rail Corp. (Patriot)
(collectively, applicants), jointly have
filed a verified notice of exemption to
permit PRL, PRH, and Patriot to acquire
control of Utah Central Railway
Company (Utah Central) through
Patriot’s acquisition of 100% of the
outstanding stock of Utah Central,
pursuant to a Stock Purchase Agreement
dated October 29, 2007 (Agreement).1
PRL is a noncarrier limited liability
company that owns 51% of the stock of
PRH. PRH is a noncarrier limited
liability company that owns 100% of
the stock of Patriot. Patriot is a
noncarrier holding company that owns
100% of the stock of the Tennessee
Southern Railroad Company, a Class III
rail carrier, operating in Tennessee and
Alabama, and 100% of the stock of
Patriot Rarus Acquisition Corp., which
owns 100% of the outstanding stock of
1 The full version of the stock purchase
agreement, as required by 49 CFR 1180.6(a)(7)(ii),
concurrently was filed under seal along with a
motion for protective order. A decision on the
motion for protective order will be issued
separately from this decision.
VerDate Aug<31>2005
19:50 Nov 14, 2007
Jkt 214001
Rarus Railway Company, a Class III rail
carrier, operating in Montana.2 Pursuant
to the Agreement, Patriot will acquire
direct control of Utah Central. PRL,
through its control of PRH, and PRH,
through its control of Patriot, will
acquire indirect control of Utah Central.
Utah Central is a Class III rail carrier
that leases and operates a line of
railroad from Union Pacific Railroad
Company in the Ogden, UT area.3 The
trackage encompasses the former
Denver, Rio Grande & Western Railroad
main line trackage and appurtenances.
Utah Central also acquired
approximately 15 miles of trackage in
the Ogden area.4
The transaction is scheduled to be
consummated on or after the date that
this notice becomes effective (which
will occur on November 29, 2007).
Applicants state that: (i) The rail lines
involved in this transaction do not
connect with any rail lines now
controlled, directly or indirectly, by
PRL, PRH, or Patriot; (ii) the acquisition
of control of Utah Central by PRL, PRH,
and Patriot is not part of a series of
anticipated transactions that would
connect any of these railroads with each
other or any railroad in their corporate
family; and (iii) this transaction does
not involve a Class I carrier. Therefore,
this transaction is exempt from the prior
approval requirements of 49 U.S.C.
11323. See 49 CFR 1180.2(d)(2).
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 rail 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 effectiveness of
the exemption. Petitions for stay must
2 Patriot Rail, LLC and Patriot Rail Corp.—Control
Exemption—Rarus Railway Company, STB Finance
Docket No. 35013 (STB served Apr. 11, 2007).
3 Utah Central Railway Company—Lease and
Operation Exemption—Union Pacific Railroad
Company, STB Finance Docket No. 34051 (STB
served Aug. 22, 2001).
4 Utah Central Railway Company—Acquisition
and Operation Exemption—Boyer BDO, L.C. and
City of Ogden, UT, STB Finance Docket No. 34457
(STB served Feb. 6, 2004). By letter filed on
November 7, 2007, counsel for applicants clarified
that the location of the trackage is in the Ogden
area.
PO 00000
Frm 00086
Fmt 4703
Sfmt 4703
be filed no later than November 21,
2007 (at least 7 days before the
exemption becomes effective).
An original and 10 copies of all
pleadings, referring to STB Finance
Docket No. 35102, must be filed with
the Surface Transportation Board, 395 E
Street, SW., Washington, DC 20423–
0001. In addition, a copy of each
pleading must be served on Louis E.
Gitomer, Esq., Law Offices of Louis E.
Gitomer, 600 Baltimore Avenue, Suite
301, Towson, MD 21204.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: November 8, 2007.
By the Board, David M. Konschnik,
Director, Office of Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7–22212 Filed 11–14–07; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Financial Crimes Enforcement
Network; Proposed Collection;
Comment Request; Registration of
Money Services Business—
Accompanied by FinCEN Form 107,
Registration of Money Services
Business
Financial Crimes Enforcement
Network (‘‘FinCEN’’), Treasury.
ACTION: Notice and request for
comments.
AGENCY:
SUMMARY: As part of its continuing effort
to reduce paperwork and respondent
burden, FinCEN invites comment on a
proposed information collection
contained in a revised form, Registration
of Money Services Business, FinCEN
Form 107. The form will be used by
currency dealers or exchangers; check
cashers; issuers of traveler’s checks,
money orders or stored value; sellers of
traveler’s checks, money orders or
stored value; redeemers of traveler’s
checks, money orders or stored value;
and money transmitters to register with
the Department of the Treasury as
required by statute. This request for
comments is being made pursuant to the
Paperwork Reduction Act of 1995,
Public Law 104–13, 44 U.S.C.
3506(c)(2)(A).
DATES: Written comments are welcome
and must be received on or before
January 14, 2008.
ADDRESSES: Written comments should
be submitted to: Office of Regulatory
Policy and Programs Division, Financial
Crimes Enforcement Network,
Department of the Treasury, P.O. Box
E:\FR\FM\15NON1.SGM
15NON1
Agencies
[Federal Register Volume 72, Number 220 (Thursday, November 15, 2007)]
[Notices]
[Page 64276]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-22212]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 35102]
Patriot Rail, LLC, Patriot Rail Holdings, LLC, and Patriot Rail
Corp.--Control Exemption--Utah Central Railway Company
Patriot Rail, LLC (PRL) and its subsidiaries, Patriot Rail
Holdings, LLC (PRH) and Patriot Rail Corp. (Patriot) (collectively,
applicants), jointly have filed a verified notice of exemption to
permit PRL, PRH, and Patriot to acquire control of Utah Central Railway
Company (Utah Central) through Patriot's acquisition of 100% of the
outstanding stock of Utah Central, pursuant to a Stock Purchase
Agreement dated October 29, 2007 (Agreement).\1\
---------------------------------------------------------------------------
\1\ The full version of the stock purchase agreement, as
required by 49 CFR 1180.6(a)(7)(ii), concurrently was filed under
seal along with a motion for protective order. A decision on the
motion for protective order will be issued separately from this
decision.
---------------------------------------------------------------------------
PRL is a noncarrier limited liability company that owns 51% of the
stock of PRH. PRH is a noncarrier limited liability company that owns
100% of the stock of Patriot. Patriot is a noncarrier holding company
that owns 100% of the stock of the Tennessee Southern Railroad Company,
a Class III rail carrier, operating in Tennessee and Alabama, and 100%
of the stock of Patriot Rarus Acquisition Corp., which owns 100% of the
outstanding stock of Rarus Railway Company, a Class III rail carrier,
operating in Montana.\2\ Pursuant to the Agreement, Patriot will
acquire direct control of Utah Central. PRL, through its control of
PRH, and PRH, through its control of Patriot, will acquire indirect
control of Utah Central. Utah Central is a Class III rail carrier that
leases and operates a line of railroad from Union Pacific Railroad
Company in the Ogden, UT area.\3\ The trackage encompasses the former
Denver, Rio Grande & Western Railroad main line trackage and
appurtenances. Utah Central also acquired approximately 15 miles of
trackage in the Ogden area.\4\
---------------------------------------------------------------------------
\2\ Patriot Rail, LLC and Patriot Rail Corp.--Control
Exemption--Rarus Railway Company, STB Finance Docket No. 35013 (STB
served Apr. 11, 2007).
\3\ Utah Central Railway Company--Lease and Operation
Exemption--Union Pacific Railroad Company, STB Finance Docket No.
34051 (STB served Aug. 22, 2001).
\4\ Utah Central Railway Company--Acquisition and Operation
Exemption--Boyer BDO, L.C. and City of Ogden, UT, STB Finance Docket
No. 34457 (STB served Feb. 6, 2004). By letter filed on November 7,
2007, counsel for applicants clarified that the location of the
trackage is in the Ogden area.
---------------------------------------------------------------------------
The transaction is scheduled to be consummated on or after the date
that this notice becomes effective (which will occur on November 29,
2007).
Applicants state that: (i) The rail lines involved in this
transaction do not connect with any rail lines now controlled, directly
or indirectly, by PRL, PRH, or Patriot; (ii) the acquisition of control
of Utah Central by PRL, PRH, and Patriot is not part of a series of
anticipated transactions that would connect any of these railroads with
each other or any railroad in their corporate family; and (iii) this
transaction does not involve a Class I carrier. Therefore, this
transaction is exempt from the prior approval requirements of 49 U.S.C.
11323. See 49 CFR 1180.2(d)(2).
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 rail 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 effectiveness of the
exemption. Petitions for stay must be filed no later than November 21,
2007 (at least 7 days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to STB
Finance Docket No. 35102, must be filed with the Surface Transportation
Board, 395 E Street, SW., Washington, DC 20423-0001. In addition, a
copy of each pleading must be served on Louis E. Gitomer, Esq., Law
Offices of Louis E. Gitomer, 600 Baltimore Avenue, Suite 301, Towson,
MD 21204.
Board decisions and notices are available on our Web site at http:/
/www.stb.dot.gov.
Decided: November 8, 2007.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E7-22212 Filed 11-14-07; 8:45 am]
BILLING CODE 4915-01-P