Georges Creek Railway, LLC-Operation Exemption-in Allegany County, MD, 68402 [2010-27996]
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68402
Federal Register / Vol. 75, No. 214 / Friday, November 5, 2010 / Notices
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2010–27993 Filed 11–4–10; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35437]
Georges Creek Railway, LLC—
Operation Exemption—in Allegany
County, MD
mstockstill on DSKH9S0YB1PROD with NOTICES
Georges Creek Railway, LLC (Georges
Creek), a noncarrier, has filed a verified
notice of exemption under 49 CFR
1150.31 to operate an 8.54-mile line of
railroad between milepost BAI 27.0 near
Morrison and milepost BAI 18.46 at the
end of the track near Carlos, in Allegany
County, Md., (the Line).1
This transaction is related to two
simultaneously filed notices of
exemption: (1) Docket No. FD 35438,
Eighteen Thirty Group, LLC—
Acquisition Exemption—in Allegany
County, Md., in which Eighteen Thirty
Group, LLC (Eighteen Thirty), seeks an
exemption under 49 CFR 1150.31 to
acquire the Line pursuant to its
agreement with Mark J. Friedman,
Chapter 7 Trustee of the Bankruptcy
Estate of James Riffin; and (2) Docket
No. FD 35436, Duncan Smith and
Gerald Altizer—Continuance in Control
Exemption—Eighteen Thirty Group, LLC
and Georges Creek Railway, LLC, in
which Duncan Smith and Gerald
Altizer, the owners of Eighteen Thirty
and Georges Creek, seek an exemption
to continue in control of Eighteen Thirty
and Georges Creek upon their becoming
Class III rail carriers.
This transaction is also related to a
petition simultaneously filed by
Eighteen Thirty in Docket No. AB 55
(Sub-No. 659X), CSX Transportation,
Inc.—Abandonment Exemption—in
Allegany County, Md., seeking an
exemption under 49 U.S.C. 10502 from
the OFA requirements of 49 U.S.C.
10904(f)(4)(A). The latter provision
forbids an entity that has acquired a rail
line under the OFA process from
transferring that line to any entity other
1 The Board authorized abandonment of the Line
in CSX Transportation, Inc.—Abandonment
Exemption—in Allegany County, Md., No. AB 55
(Sub–No. 659X) (STB served Aug. 25, 2005). By
decision served December 14, 2005, WMS, LLC
(WMS) was authorized to acquire the Line pursuant
to the Board’s offer of financial assistance (OFA)
provisions at 49 U.S.C. 10904 and 49 CFR 1152.27,
and by decision served August 18, 2006, James
Riffin was substituted as the acquiring entity in lieu
of WMS.
VerDate Mar<15>2010
17:16 Nov 04, 2010
Jkt 223001
than the abandoning rail carrier from
which it was originally purchased prior
to the end of the fifth year after
consummation of the sale.2
Georges Creek states that it intends to
consummate this transaction once the
bankruptcy court approves Eighteen
Thirty’s purchase agreement, but no
sooner than November 18, 2010, the
effective date of the exemption (30 days
after this exemption was filed).3
Georges Creek certifies that its
projected revenues as a result of this
transaction will not result in the
creation of a Class II or Class I rail
carrier and will not exceed $5 million
annually.
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 to stay must be
filed no later than November 10, 2010
(at least 7 days before the exemption
becomes effective).
An original and 10 copies of all
pleadings, referring to FD 35437, must
be filed with the Surface Transportation
Board, 395 E Street, SW., Washington,
DC 20423–0001. In addition, one copy
of each pleading must be served on John
D. Heffner, John D. Heffner, PLLC, 1750
K Street, NW., Suite 200, Washington,
DC 20006.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: November 1, 2010.
By the Board.
Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2010–27996 Filed 11–4–10; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Open Meeting of the President’s
Advisory Council on Financial
Capability
Department of the Treasury.
Notice of meeting.
AGENCY:
ACTION:
The President’s Advisory
Council on Financial Capability
SUMMARY:
2 Eighteen Thirty has attached a letter from CSXT
stating that it issued the deed for the sale of the Line
on July 10, 2006, but that it will not exercise its
statutory right to reacquire the Line and that it
waives its rights under the statute.
3 Georges Creek states that approval by the
bankruptcy court of Eighteen Thirty’s purchase
agreement could take up to 60 days.
PO 00000
Frm 00088
Fmt 4703
Sfmt 4703
(‘‘Council’’) will convene its first
meeting on November 30, 2010, in the
Cash Room of the Main Treasury
Building, 1500 Pennsylvania Avenue,
NW., Washington, DC, beginning at
2 p.m. Eastern Time. The meeting will
be open to the public. The purpose of
the meeting is to discuss organizational
matters and strategic areas of focus.
DATES: The meeting will be held on
November 30, 2010, at 2 p.m. Eastern
Time.
Submission of Written Statements:
The public is invited to submit written
statements to the Council. Written
statements should be sent by any one of
the following methods:
Electronic Statements
E-mail ofe@do.treas.gov; or
Paper Statements
Send paper statements to the
Department of the Treasury, Office of
Financial Education and Financial
Access, Main Treasury Building, 1500
Pennsylvania Avenue, NW.,
Washington, DC 20220.
In general, the Department will make
all statements available in their original
format, including any business or
personal information provided such as
names, addresses, e-mail addresses, or
telephone numbers, for public
inspection and photocopying in the
Department’s library, Room 1428, Main
Department Building, 1500
Pennsylvania Avenue, NW.,
Washington, DC 20220, on official
business days between the hours of
10 a.m. and 5 p.m. You can make an
appointment to inspect statements by
calling (202) 622–0990. All statements
received, including attachments and
other supporting materials, are part of
the public record and subject to public
disclosure. You should only submit
information that you wish to make
publicly available.
FOR FURTHER INFORMATION CONTACT:
Dubis Correal, Director, Office of
Financial Education, Department of the
Treasury, 1500 Pennsylvania Avenue,
NW., Washington, DC 20220, at (202)
622–5770 or ofe@do.treas.gov.
SUPPLEMENTARY INFORMATION: On
January 29, 2010, the President signed
Executive Order 13530, creating the
Council to assist the American people in
understanding financial matters and
making informed financial decisions,
and thereby contribute to financial
stability. The Council is composed of
two ex officio Federal officials and 12
non-governmental members appointed
by the President with relevant
backgrounds, such as financial services,
consumer protection, financial access,
E:\FR\FM\05NON1.SGM
05NON1
]]>Agencies
[Federal Register Volume 75, Number 214 (Friday, November 5, 2010)]
[Notices]
[Page 68402]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-27996]
-----------------------------------------------------------------------
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35437]
Georges Creek Railway, LLC--Operation Exemption--in Allegany
County, MD
Georges Creek Railway, LLC (Georges Creek), a noncarrier, has filed
a verified notice of exemption under 49 CFR 1150.31 to operate an 8.54-
mile line of railroad between milepost BAI 27.0 near Morrison and
milepost BAI 18.46 at the end of the track near Carlos, in Allegany
County, Md., (the Line).\1\
---------------------------------------------------------------------------
\1\ The Board authorized abandonment of the Line in CSX
Transportation, Inc.--Abandonment Exemption--in Allegany County,
Md., No. AB 55 (Sub-No. 659X) (STB served Aug. 25, 2005). By
decision served December 14, 2005, WMS, LLC (WMS) was authorized to
acquire the Line pursuant to the Board's offer of financial
assistance (OFA) provisions at 49 U.S.C. 10904 and 49 CFR 1152.27,
and by decision served August 18, 2006, James Riffin was substituted
as the acquiring entity in lieu of WMS.
---------------------------------------------------------------------------
This transaction is related to two simultaneously filed notices of
exemption: (1) Docket No. FD 35438, Eighteen Thirty Group, LLC--
Acquisition Exemption--in Allegany County, Md., in which Eighteen
Thirty Group, LLC (Eighteen Thirty), seeks an exemption under 49 CFR
1150.31 to acquire the Line pursuant to its agreement with Mark J.
Friedman, Chapter 7 Trustee of the Bankruptcy Estate of James Riffin;
and (2) Docket No. FD 35436, Duncan Smith and Gerald Altizer--
Continuance in Control Exemption--Eighteen Thirty Group, LLC and
Georges Creek Railway, LLC, in which Duncan Smith and Gerald Altizer,
the owners of Eighteen Thirty and Georges Creek, seek an exemption to
continue in control of Eighteen Thirty and Georges Creek upon their
becoming Class III rail carriers.
This transaction is also related to a petition simultaneously filed
by Eighteen Thirty in Docket No. AB 55 (Sub-No. 659X), CSX
Transportation, Inc.--Abandonment Exemption--in Allegany County, Md.,
seeking an exemption under 49 U.S.C. 10502 from the OFA requirements of
49 U.S.C. 10904(f)(4)(A). The latter provision forbids an entity that
has acquired a rail line under the OFA process from transferring that
line to any entity other than the abandoning rail carrier from which it
was originally purchased prior to the end of the fifth year after
consummation of the sale.\2\
---------------------------------------------------------------------------
\2\ Eighteen Thirty has attached a letter from CSXT stating that
it issued the deed for the sale of the Line on July 10, 2006, but
that it will not exercise its statutory right to reacquire the Line
and that it waives its rights under the statute.
---------------------------------------------------------------------------
Georges Creek states that it intends to consummate this transaction
once the bankruptcy court approves Eighteen Thirty's purchase
agreement, but no sooner than November 18, 2010, the effective date of
the exemption (30 days after this exemption was filed).\3\
---------------------------------------------------------------------------
\3\ Georges Creek states that approval by the bankruptcy court
of Eighteen Thirty's purchase agreement could take up to 60 days.
---------------------------------------------------------------------------
Georges Creek certifies that its projected revenues as a result of
this transaction will not result in the creation of a Class II or Class
I rail carrier and will not exceed $5 million annually.
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 to stay must be filed no later than November 10,
2010 (at least 7 days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to FD 35437,
must be filed with the Surface Transportation Board, 395 E Street, SW.,
Washington, DC 20423-0001. In addition, one copy of each pleading must
be served on John D. Heffner, John D. Heffner, PLLC, 1750 K Street,
NW., Suite 200, Washington, DC 20006.
Board decisions and notices are available on our Web site at https://www.stb.dot.gov.
Decided: November 1, 2010.
By the Board.
Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2010-27996 Filed 11-4-10; 8:45 am]
BILLING CODE 4915-01-P
