CSX Transportation, Inc.-Corporate Family Merger Exemption-Buffalo, Rochester and Pittsburgh Company, 73584-73585 [2013-29130]
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73584
Federal Register / Vol. 78, No. 235 / Friday, December 6, 2013 / Notices
emcdonald on DSK67QTVN1PROD with NOTICES
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17:28 Dec 05, 2013
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Laurie-Ann Agama,
Acting Chair, Trade Policy Staff Committee.
[FR Doc. 2013–29201 Filed 12–5–13; 8:45 am]
BILLING CODE 3290–F4–P
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35784]
CSX Transportation, Inc.—Corporate
Family Merger Exemption—Buffalo,
Rochester and Pittsburgh Company
CSX Transportation, Inc. (CSXT) and
Buffalo, Rochester and Pittsburgh
Company (BR&P) (collectively,
applicants) have jointly filed a verified
notice of exemption under 49 CFR
1180.2(d)(3) for a corporate family
transaction pursuant to which BR&P
would be merged into CSXT.
Applicants state that CSXT directly
controls and operates BR&P, which is a
subsidiary of CSXT. According to the
applicants, CSXT owns 99.9% of the
issued and outstanding shares of
common stock of BR&P and 100% of the
issued and outstanding shares of the
preferred stock of BR&P.1
Under the proposed transaction,
BR&P will be merged with and into
CSXT. Applicants state that the purpose
of the corporate transaction is to
simplify the corporate structure and
reduce overhead costs, and that the
transaction will reduce corporate
overhead and duplication by
eliminating one corporation while
retaining the same assets to serve
customers.
Unless stayed, the exemption will be
effective on December 21, 2013 (30 days
after the verified notice was filed).
Applicants state that CSXT intends to
merge BR&P into CSXT on or after that
date.
This is a transaction within a
corporate family of the type specifically
exempted from prior review and
approval under 49 CFR 1180.2(d)(3).
Applicants state that the transaction
will not result in adverse changes in
service levels, significant operational
changes, or a change in the competitive
balance with carriers outside the
corporate family.
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. As a condition to the use of
this exemption, any employees
adversely affected by this transaction
1 Applicants state that one share of common stock
is outstanding in the name of Walston Hill Brown,
who died in 1928 and whose beneficiaries, if any,
have not been located. Pursuant to the Pennsylvania
Abandoned and Unclaimed Property Act, the
applicants state that CSXT will take such action and
execute and deliver all such instruments and
documents as may be required for the purpose of
escheating the merger consideration payable with
respect to the one share to the Pennsylvania Bureau
of Unclaimed Property.
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Federal Register / Vol. 78, No. 235 / Friday, December 6, 2013 / Notices
will be protected by the conditions set
forth in New York Dock Railway—
Control—Brooklyn District Eastern
Terminal, 360 I.C.C. 60 (1979).
If the 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 December 13, 2013
(at least seven days before the
exemption becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35784, 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 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
‘‘WWW.STB.DOT.GOV.’’
Decided: December 3, 2013.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013–29130 Filed 12–5–13; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35785]
emcdonald on DSK67QTVN1PROD with NOTICES
The Three Rivers Railway Company—
Corporate Family Merger Exemption—
Mahoning State Line Railroad
Company
The Three Rivers Railway Company
(TRRC) and Mahoning State Line
Railroad Company (MSLR) (collectively,
applicants) have filed a verified notice
of exemption under 49 CFR 1180.2(d)(3)
for a corporate family transaction.
According to applicants, TRRC is a
Class III railroad and a subsidiary of
CSX Transportation, Inc. (CSXT).1 TRRC
directly controls and operates MSLR, a
Class III carrier and wholly owned
subsidiary of TRRC.
Under the proposed transaction,
MSLR will be merged with and into
TRRC. Applicants state that the purpose
of the corporate transaction is to
simplify the corporate structure and
reduce overhead costs, and that the
1 See CSX Transp., Inc.—Continuance in Control
Exemption—The Three Rivers Ry., FD 32056 (ICC
served Oct. 23, 1992).
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transaction will reduce corporate
overhead and duplication by
eliminating one corporation while
retaining the same assets to serve
customers.
Unless stayed, the exemption will be
effective on December 21, 2013 (30 days
after the verified notice was filed).
Applicants state that TRRC intends to
merge MSLR into TRRC on or after that
date.
This is a transaction within a
corporate family of the type specifically
exempted from prior review and
approval under 49 CFR 1180.2(d)(3).
Applicants state that the transaction
will not result in adverse changes in
service levels, significant operational
changes, or a change in the competitive
balance with carriers outside the
corporate family.
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. Because CSXT, which
controls TRRC directly and MSLR
indirectly, is a Class I carrier, any
employees adversely affected by this
transaction will, as a condition to the
use of this exemption, be protected by
the conditions set forth in New York
Dock Railway—Control—Brooklyn
District Eastern Terminal, 360 I.C.C. 60
(1979).2
If the 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 December 13, 2013
(at least seven days before the
exemption becomes effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35785, 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 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
www.stb.dot.gov.
Decided: December 3, 2013.
2 See Genessee & Wyo., Inc.—Corporate Family
Transaction Exemption, FD 35764 (STB served
Sept. 13, 2013) (making a corporate family
transaction subject to labor protection that applies
to transactions involving a Class II carrier because
the corporate family included a Class II carrier).
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73585
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Raina S. White,
Clearance Clerk.
[FR Doc. 2013–29189 Filed 12–5–13; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. AB 1068 (Sub-No. 2X); Docket
No. AB 1070 (Sub-No. 2X)]
Missouri Central Railroad Company—
Discontinuance of Trackage Rights
Exemption—in Cass and Jackson
Counties, MO; Central Midland Railway
Company—Discontinuance of
Trackage Rights Exemption—in Cass
and Jackson Counties, MO
Missouri Central Railroad Company
(MCRR) and Central Midland Railway
Company (CMR) jointly filed a verified
notice of exemption under 49 CFR part
1152 subpart F—Exempt Abandonments
and Discontinuances of Service to
discontinue trackage rights over a rail
line owned by the Union Pacific
Railroad Company (UP) between
Pleasant Hill, Mo. (milepost 263.5), and
Leeds Junction, Mo. (milepost 288.3)
(the Line). The Line traverses United
States Postal Service Zip Codes 64080,
64034, 64082, 64081, 64138, 64133, and
64129. This notice replaces both a
Notice of Exemption filed by MCRR on
October 17, 2013, and an Amended
Notice of Exemption filed by MCRR on
October 30, 2013, in Docket No. AB
1068 (Sub-No. 2X).1
MCRR and CMR have certified that:
(1) MCRR and CMR have not moved any
local traffic over the Line for at least two
years; (2) they have not moved any
overhead traffic over the Line for at least
two years, and that overhead traffic, if
there were any, could be rerouted over
other lines; (3) no formal complaint
filed by a user of rail service on the Line
(or by a state or local government entity
acting on behalf of such user) regarding
cessation of service over the Line either
is pending before the Surface
Transportation Board or before any U.S.
District Court or has been decided in
1 MCRR obtained trackage rights over the Line as
part of the transaction involved in Missouri Central
Railroad—Acquisition & Operation Exemption—
Lines of Union Pacific Railroad, FD 33508 (STB
served Jan. 27, 1998). CMR obtained rights to the
Line when it filed a notice of operation exemption
in Central Midland Railway—Operation
Exemption—Lines of Missouri Central Railroad, FD
33988 (STB served Jan. 29, 2001). Neither MCRR
nor CMR has ever utilized these trackage rights.
Upon discontinuance of service by MCRR and CMR
over the Line, UP will continue to be a common
carrier authorized to operate on the Line.
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Agencies
[Federal Register Volume 78, Number 235 (Friday, December 6, 2013)]
[Notices]
[Pages 73584-73585]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-29130]
=======================================================================
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35784]
CSX Transportation, Inc.--Corporate Family Merger Exemption--
Buffalo, Rochester and Pittsburgh Company
CSX Transportation, Inc. (CSXT) and Buffalo, Rochester and
Pittsburgh Company (BR&P) (collectively, applicants) have jointly filed
a verified notice of exemption under 49 CFR 1180.2(d)(3) for a
corporate family transaction pursuant to which BR&P would be merged
into CSXT.
Applicants state that CSXT directly controls and operates BR&P,
which is a subsidiary of CSXT. According to the applicants, CSXT owns
99.9% of the issued and outstanding shares of common stock of BR&P and
100% of the issued and outstanding shares of the preferred stock of
BR&P.\1\
---------------------------------------------------------------------------
\1\ Applicants state that one share of common stock is
outstanding in the name of Walston Hill Brown, who died in 1928 and
whose beneficiaries, if any, have not been located. Pursuant to the
Pennsylvania Abandoned and Unclaimed Property Act, the applicants
state that CSXT will take such action and execute and deliver all
such instruments and documents as may be required for the purpose of
escheating the merger consideration payable with respect to the one
share to the Pennsylvania Bureau of Unclaimed Property.
---------------------------------------------------------------------------
Under the proposed transaction, BR&P will be merged with and into
CSXT. Applicants state that the purpose of the corporate transaction is
to simplify the corporate structure and reduce overhead costs, and that
the transaction will reduce corporate overhead and duplication by
eliminating one corporation while retaining the same assets to serve
customers.
Unless stayed, the exemption will be effective on December 21, 2013
(30 days after the verified notice was filed). Applicants state that
CSXT intends to merge BR&P into CSXT on or after that date.
This is a transaction within a corporate family of the type
specifically exempted from prior review and approval under 49 CFR
1180.2(d)(3). Applicants state that the transaction will not result in
adverse changes in service levels, significant operational changes, or
a change in the competitive balance with carriers outside the corporate
family.
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. As a condition to the use of
this exemption, any employees adversely affected by this transaction
[[Page 73585]]
will be protected by the conditions set forth in New York Dock
Railway--Control--Brooklyn District Eastern Terminal, 360 I.C.C. 60
(1979).
If the 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 December 13, 2013 (at
least seven days before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 35784, 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 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
``WWW.STB.DOT.GOV.''
Decided: December 3, 2013.
By the Board, Rachel D. Campbell, Director, Office of
Proceedings.
Jeffrey Herzig,
Clearance Clerk.
[FR Doc. 2013-29130 Filed 12-5-13; 8:45 am]
BILLING CODE 4915-01-P