Patrick D. Broe and ST&E Holdings, Inc.-Acquisition of Control Exemption-Stockton Terminal & Eastern Railroad Company, 41863-41864 [2011-17853]
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Federal Register / Vol. 76, No. 136 / Friday, July 15, 2011 / Notices
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Jkt 223001
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PO 00000
Authority: 49 CFR 1.66.
By Order of the Maritime Administration.
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41863
Dated: July 11, 2011.
Christine Gurland,
Secretary, Maritime Administration.
[FR Doc. 2011–17845 Filed 7–14–11; 8:45 am]
BILLING CODE 4910–81–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35525]
Patrick D. Broe and ST&E Holdings,
Inc.—Acquisition of Control
Exemption—Stockton Terminal &
Eastern Railroad Company
Patrick D. Broe (Broe) and ST&E
Holdings, Inc. (ST&E Holdings)
(collectively, Applicants), both
noncarriers, have filed a verified notice
of exemption to acquire control of
Stockton Terminal & Eastern Railroad
Company (Stockton Terminal), a Class
III rail carrier.
The transaction may be consummated
on or after July 30, 2011 (the effective
date of the exemption).
Broe directly controls ST&E Holdings
and 2 other noncarrier holding
companies: OmniTRAX, Inc.
(OmniTRAX) and BNS Holding, Inc.
(BNS). OmniTRAX currently controls
the following 11 Class III railroads: (a)
Chicago Rail Link, LLC, which operates
in Illinois; (b) Georgia Woodlands
Railroad, LLC, which operates in
Georgia; (c) Great Western Railway of
Colorado, LLC, which operates in
Colorado; (d) Manufacturers’ Junction
Railway, LLC, which operates in
Illinois; (e) Newburgh & South Shore
Railroad Limited, which operates in
Ohio; (f) Northern Ohio & Western
Railway, LLC, which operates in Ohio;
(g) Panhandle Northern Railroad, LLC,
which operates in Texas; (h) Alliance
Terminal Railroad, LLC, which operates
in Texas; (i) Fulton County Railway,
LLC, which operates in Georgia; (j)
Alabama & Tennessee River Railway,
LLC, which operates in Alabama; and
(k) Kettle Falls International Railway,
LLC, which operates in Washington.
BNS indirectly controls the following 3
Class III railroads: (a) Nebraska, Kansas
and Colorado Railway, which operates
in Nebraska, Kansas, and Colorado; (b)
Illinois Railway, Inc., which operates in
Illinois; and (c) Georgia & Florida
Railway, Inc., which operates in Georgia
and Florida.
Stockton Terminal Company
(Terminal Company), a noncarrier,
currently controls Stockton Terminal &
Eastern Railroad of Nevada, a
noncarrier, which in turn controls
Stockton Terminal. Through the
proposed transaction, ST&E Holdings
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15JYN1
41864
Federal Register / Vol. 76, No. 136 / Friday, July 15, 2011 / Notices
will acquire all of Terminal Company’s
stock and, after the acquisition
transaction is consummated, Terminal
Company and Nevada Company will be
merged into ST&E Holdings. As a result,
Broe and ST&E Holdings will control
Stockton Terminal.
Applicants represent that: (1) The rail
lines to be acquired by ST&E Holdings
do not connect with any other railroad
in the corporate family; 1 (2) the
transaction is not part of a series of
anticipated transactions that would
connect Stockton Terminal’s rail lines
with any other railroad in the
OmniTRAX or BNS corporate family;
and (3) the transaction does not involve
a Class I rail carrier. Therefore, the
transaction is exempt from the prior
approval requirements of 49 U.S.C.
11323. See 49 CFR 1180.2(d)(2).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 §§ 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 effectiveness of
the exemption. Stay petitions must be
filed no later than July 22, 2011 (at least
7 days before the exemption becomes
effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35525, must be filed with the Surface
mstockstill on DSK4VPTVN1PROD with NOTICES
1 Stockton Terminal’s lines are located in
California. None of the railroads controlled by
OmniTRAX or BNS operates a rail line in
California.
2 A redacted Purchase Agreement was filed with
the notice of exemption. The Applicants
concurrently filed a motion for protective order
pursuant to 49 CFR 1104.14(b) to allow the filing
under seal of the unredacted Purchase Agreement.
That motion will be addressed in a separate
decision.
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16:55 Jul 14, 2011
Jkt 223001
Transportation Board, 395 E Street, SW.,
Washington, DC 20423–0001. In
addition, one copy of each pleading
must be served on Karl Morell, Ball
Janik LLP, 655 Fifteenth Street, NW.,
Suite 225, Washington, DC 20005.
Board decisions and notices are
available on our Web site at https://
www.stb.dot.gov.
Decided: July 11, 2011.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2011–17853 Filed 7–14–11; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
acceptance of, potential demand for,
and barriers to acceptance/increased
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and the needs and desires of customers
for more efficient, economical services.
Affected Public: Individuals and
Households, Businesses and
Organizations.
Estimated Total Annual burden
Hours: 37,809.
Bureau Clearance Officer: Yvonne
Pollard, United States Mint, 799 9th
Street, NW., 4th Floor, Washington, DC
20220; (202) 354–6784.
OMB Reviewer: Shagufta Ahmed,
Office of Management and Budget, New
Executive Office Building, Room 10235,
Washington, DC 20503; (202) 395–7873.
Dawn D. Wolfgang,
Treasury PRA Clearance Officer.
[FR Doc. 2011–17755 Filed 7–14–11; 8:45 am]
BILLING CODE 4810–37–P
July 11, 2011.
The Department of Treasury will
submit the following public information
collection requirement(s) to OMB for
review and clearance under the
Paperwork Reduction Act of 1995,
Public Law 104–13 on or after the date
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United States Mint
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Type of Review: Revision of a
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undefined number of customer
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United States Mint to assess the
PO 00000
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DEPARTMENT OF THE TREASURY
Office of Thrift Supervision
[AC–24 OTS Nos. 04246 and H4776]
Home Federal Savings and Loan
Association, Ashland, KY; Approval of
Conversion Application
Notice is hereby given that on July 11,
2011, the Office of Thrift Supervision
approved the application of Home
Federal Savings and Loan Association,
Ashland, Kentucky, to convert to the
stock form of organization. Copies of the
application are available for inspection
by appointment (phone number: (202)
906–5922 or e-mail:
public.info@ots.treas.gov) at the Public
Reading Room, 1700 G Street, NW.,
Washington, DC 20552, and the OTS
Southeast Regional Office, 1475
Peachtree Street, NE., Atlanta, Georgia
30309.
Dated: July 11, 2011.
By the Office of Thrift Supervision.
Ira L. Mills,
Federal Register Liaison.
[FR Doc. 2011–17876 Filed 7–14–11; 8:45 am]
BILLING CODE 6720–01–P
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Agencies
[Federal Register Volume 76, Number 136 (Friday, July 15, 2011)]
[Notices]
[Pages 41863-41864]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-17853]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35525]
Patrick D. Broe and ST&E Holdings, Inc.--Acquisition of Control
Exemption--Stockton Terminal & Eastern Railroad Company
Patrick D. Broe (Broe) and ST&E Holdings, Inc. (ST&E Holdings)
(collectively, Applicants), both noncarriers, have filed a verified
notice of exemption to acquire control of Stockton Terminal & Eastern
Railroad Company (Stockton Terminal), a Class III rail carrier.
The transaction may be consummated on or after July 30, 2011 (the
effective date of the exemption).
Broe directly controls ST&E Holdings and 2 other noncarrier holding
companies: OmniTRAX, Inc. (OmniTRAX) and BNS Holding, Inc. (BNS).
OmniTRAX currently controls the following 11 Class III railroads: (a)
Chicago Rail Link, LLC, which operates in Illinois; (b) Georgia
Woodlands Railroad, LLC, which operates in Georgia; (c) Great Western
Railway of Colorado, LLC, which operates in Colorado; (d)
Manufacturers' Junction Railway, LLC, which operates in Illinois; (e)
Newburgh & South Shore Railroad Limited, which operates in Ohio; (f)
Northern Ohio & Western Railway, LLC, which operates in Ohio; (g)
Panhandle Northern Railroad, LLC, which operates in Texas; (h) Alliance
Terminal Railroad, LLC, which operates in Texas; (i) Fulton County
Railway, LLC, which operates in Georgia; (j) Alabama & Tennessee River
Railway, LLC, which operates in Alabama; and (k) Kettle Falls
International Railway, LLC, which operates in Washington. BNS
indirectly controls the following 3 Class III railroads: (a) Nebraska,
Kansas and Colorado Railway, which operates in Nebraska, Kansas, and
Colorado; (b) Illinois Railway, Inc., which operates in Illinois; and
(c) Georgia & Florida Railway, Inc., which operates in Georgia and
Florida.
Stockton Terminal Company (Terminal Company), a noncarrier,
currently controls Stockton Terminal & Eastern Railroad of Nevada, a
noncarrier, which in turn controls Stockton Terminal. Through the
proposed transaction, ST&E Holdings
[[Page 41864]]
will acquire all of Terminal Company's stock and, after the acquisition
transaction is consummated, Terminal Company and Nevada Company will be
merged into ST&E Holdings. As a result, Broe and ST&E Holdings will
control Stockton Terminal.
Applicants represent that: (1) The rail lines to be acquired by
ST&E Holdings do not connect with any other railroad in the corporate
family; \1\ (2) the transaction is not part of a series of anticipated
transactions that would connect Stockton Terminal's rail lines with any
other railroad in the OmniTRAX or BNS corporate family; and (3) the
transaction does not involve a Class I rail carrier. Therefore, the
transaction is exempt from the prior approval requirements of 49 U.S.C.
11323. See 49 CFR 1180.2(d)(2).\2\
---------------------------------------------------------------------------
\1\ Stockton Terminal's lines are located in California. None of
the railroads controlled by OmniTRAX or BNS operates a rail line in
California.
\2\ A redacted Purchase Agreement was filed with the notice of
exemption. The Applicants concurrently filed a motion for protective
order pursuant to 49 CFR 1104.14(b) to allow the filing under seal
of the unredacted Purchase Agreement. That motion will be addressed
in a separate decision.
---------------------------------------------------------------------------
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 Sec. Sec.
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. Sec. 10502(d) may be filed at any time. The filing of
a petition to revoke will not automatically stay the effectiveness of
the exemption. Stay petitions must be filed no later than July 22, 2011
(at least 7 days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 35525, 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 Karl Morell, Ball Janik LLP, 655 Fifteenth
Street, NW., Suite 225, Washington, DC 20005.
Board decisions and notices are available on our Web site at https://www.stb.dot.gov.
Decided: July 11, 2011.
By the Board, Rachel D. Campbell, Director, Office of
Proceedings.
Andrea Pope-Matheson,
Clearance Clerk.
[FR Doc. 2011-17853 Filed 7-14-11; 8:45 am]
BILLING CODE 4915-01-P