Everett Railroad Company and Hollidaysburg and Roaring Spring Railroad Company-Intra-Corporate Family Transaction Exemption, 70932 [2014-28123]
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70932
Federal Register / Vol. 79, No. 229 / Friday, November 28, 2014 / Notices
If the verified notice contains false or
misleading information, the exemption
is void ab initio.
Board decisions and notices are
available on our Web site at
www.stb.dot.gov.
Decided: November 24, 2014.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2014–28118 Filed 11–26–14; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35872]
tkelley on DSK3SPTVN1PROD with NOTICES
Everett Railroad Company and
Hollidaysburg and Roaring Spring
Railroad Company—Intra-Corporate
Family Transaction Exemption
Everett Railroad Company (Everett)
and Hollidaysburg and Roaring Spring
Railroad Company (Hollidaysburg)
(collectively, Applicants) have jointly
filed a verified notice of exemption
under 49 CFR 1180.2(d)(3) for a
corporate family transaction.
Applicants state that Everett and
Hollidaysburg are Class III rail carriers
under the control of Alan W. Maples.
The transaction involves the merger of
Everett and Hollidaysburg, with Everett
emerging as the surviving rail carrier.
According to Applicants, the purpose
of the transaction is to streamline
administration and enhance the
financial condition of two railroads that
are already largely integrated by
consolidating the two into a single
company. Applicants state that the
proposed merger will eliminate the need
for the preparation of separate tax
returns for Everett and Hollidaysburg
and the need for the two companies to
maintain separate corporate records.
Applicants state that there also are
certain operational and recordkeeping
advantages to the transaction.
Unless stayed, the exemption will be
effective on December 14, 2014 (30 days
after the verified notice was filed).
Applicants state that they plan to
consummate the proposed transaction
on or after December 14, 2014.
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 changes in the competitive
balance with carriers outside the
corporate family.
VerDate Sep<11>2014
16:58 Nov 26, 2014
Jkt 235001
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 the transaction involves only
Class III rail carriers.
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 exemption.
Petitions for stay must be filed no later
than December 5, 2014 (at least seven
days before the exemption becomes
effective).
An original and 10 copies of all
pleadings, referring to Docket No. FD
35872, 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 Robert A. Wimbish,
Fletcher & Sippel LLC, 29 North Wacker
Drive, Suite 920, Chicago, IL 60606–
2832.
Board decisions and notices are
available on our Web site at
WWW.STB.DOT.GOV.
Decided: November 24, 2014.
By the Board, Rachel D. Campbell,
Director, Office of Proceedings.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2014–28123 Filed 11–26–14; 8:45 am]
BILLING CODE 4915–01–P
DEPARTMENT OF THE TREASURY
Departmental Offices
Proposed Collection; Comment
Request
Notice and request for
comments.
ACTION:
The Department of the
Treasury, as part of its continuing effort
to reduce paperwork burdens, invites
the general public and other Federal
agencies to comment on revisions in
2015 of a currently approved
information collection that is proposed
for approval by the Office of
Management and Budget. The Office of
International Affairs within the
Department of the Treasury is soliciting
comments concerning the revision of
the Treasury International Capital (TIC)
Form SHL/SHLA.
SUMMARY:
PO 00000
Frm 00089
Fmt 4703
Sfmt 4703
Written comments should be
received on or before January 27, 2015
to be assured of consideration.
ADDRESSES: Direct all written comments
to Dwight Wolkow, International
Portfolio Investment Data Systems,
Department of the Treasury, Room 5422
MT, 1500 Pennsylvania Avenue NW.,
Washington, DC 20220. In view of
possible delays in mail delivery, you
may also wish to send a copy to Mr.
Wolkow by email (comments2TIC@
do.treas.gov) or FAX (202–622–2009).
Mr. Wolkow can also be reached by
telephone (202–622–1276).
FOR FURTHER INFORMATION CONTACT:
Copies of the proposed form and
instructions are available at Part II of the
Treasury International Capital (TIC)
Forms Web page ‘‘Forms SHL/SHLA &
SHC/SHCA’’, at: https://
www.treasury.gov/resource-center/datachart-center/tic/Pages/forms-sh.aspx.
Requests for additional information
should be directed to Mr. Wolkow.
SUPPLEMENTARY INFORMATION:
Title: Treasury International Capital
(TIC) Form SHL/SHLA, ‘‘ForeignResidents’ Holdings of U.S. Securities,
including Selected Money Market
Instruments’’.
OMB Control Number: 1505–0123.
Abstract: This form collects foreignresidents’ holdings of U.S. securities.
These data are used by the U.S.
Government in the formulation of
international financial and monetary
policies, and for the computation of the
U.S. balance of payments accounts and
of the U.S. international investment
position. These data are also used to
provide information to the public and to
meet international reporting
commitments. The data collection
includes large benchmark surveys
conducted every five years, and smaller
annual surveys conducted in the nonbenchmark years. The data collected
under an annual survey are used in
conjunction with the results of the
preceding benchmark survey to make
economy-wide estimates for that nonbenchmark year. Currently, the
determination of who must report in the
annual surveys is based primarily on the
data submitted during the preceding
benchmark survey. The data requested
in the annual survey will generally be
the same as requested in the preceding
benchmark report. Form SHL is used for
the benchmark survey of all significant
U.S.-resident custodians and U.S.resident issuers of securities regarding
foreign-residents’ holdings of U.S.
securities. In non-benchmark years,
Form SHLA is used for the annual
surveys of primarily the largest U.S.resident custodians and issuers.
DATES:
E:\FR\FM\28NON1.SGM
28NON1
]]>Agencies
[Federal Register Volume 79, Number 229 (Friday, November 28, 2014)]
[Notices]
[Page 70932]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2014-28123]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[Docket No. FD 35872]
Everett Railroad Company and Hollidaysburg and Roaring Spring
Railroad Company--Intra-Corporate Family Transaction Exemption
Everett Railroad Company (Everett) and Hollidaysburg and Roaring
Spring Railroad Company (Hollidaysburg) (collectively, Applicants) have
jointly filed a verified notice of exemption under 49 CFR 1180.2(d)(3)
for a corporate family transaction.
Applicants state that Everett and Hollidaysburg are Class III rail
carriers under the control of Alan W. Maples. The transaction involves
the merger of Everett and Hollidaysburg, with Everett emerging as the
surviving rail carrier.
According to Applicants, the purpose of the transaction is to
streamline administration and enhance the financial condition of two
railroads that are already largely integrated by consolidating the two
into a single company. Applicants state that the proposed merger will
eliminate the need for the preparation of separate tax returns for
Everett and Hollidaysburg and the need for the two companies to
maintain separate corporate records. Applicants state that there also
are certain operational and recordkeeping advantages to the
transaction.
Unless stayed, the exemption will be effective on December 14, 2014
(30 days after the verified notice was filed). Applicants state that
they plan to consummate the proposed transaction on or after December
14, 2014.
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
changes 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. 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 the
transaction involves only Class III rail carriers.
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 exemption. Petitions for stay
must be filed no later than December 5, 2014 (at least seven days
before the exemption becomes effective).
An original and 10 copies of all pleadings, referring to Docket No.
FD 35872, 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 Robert A. Wimbish, Fletcher & Sippel LLC, 29
North Wacker Drive, Suite 920, Chicago, IL 60606-2832.
Board decisions and notices are available on our Web site at
WWW.STB.DOT.GOV.
Decided: November 24, 2014.
By the Board, Rachel D. Campbell, Director, Office of
Proceedings.
Brendetta S. Jones,
Clearance Clerk.
[FR Doc. 2014-28123 Filed 11-26-14; 8:45 am]
BILLING CODE 4915-01-P
