[Federal Register Volume 59, Number 10 (Friday, January 14, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-1015]


[[Page Unknown]]

[Federal Register: January 14, 1994]


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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32439]

 

Summit View Corp.--Continuance in Control Exemption--The Warren & 
Trumbull Railroad Co.

    Summit View Corporation (Summit), a noncarrier holding company, has 
filed a notice of exemption to continue in control of the Warren & 
Trumbull Railroad Company (WTRM), upon WTRM becoming a class III rail 
carrier.
    WTRM has concurrently filed a notice of exemption in The Warren & 
Trumbull Railroad Company--Operation Exemption--Rail Line in Trumbull 
County, OH, Finance Docket No. 32438, to operate over 5.28 miles of 
rail line under contract with the Mahoning Valley Economic Development 
Rail Corporation (EDRC). The parties intend to consummate the 
transaction on or soon after the effective date of the exemption.
    Summit controls three other nonconnecting class III rail carriers 
operating in Ohio: Ohio Central Railroad, Inc., Ohio Southern Railroad, 
Inc. and the Youngstown & Austintown Railroad, Inc.
    Summit states that: (1) The properties operated by these four 
carriers do not connect with each other; (2) the continuance in control 
is not a part of a series of transactions that would connect the four 
railroads with each other or any other railroad currently controlled by 
Summit; and (3) the transaction does not involve a class I carrier. 
Therefore, the transaction is exempt from the prior approval 
requirements of 49 U.S.C. 11343. See 49 CFR 1180.2(d)(2).
    As a condition to use of this exemption, any employees affected by 
the transaction will be protected by the conditions set forth in New 
York Dock Ry.--Control--Brooklyn Eastern Dist., 360 I.C.C. 60 (1979).
    Petitions to revoke the exemption under 49 U.S.C. 10505(d) may be 
filed at any time. The filing of a petition to revoke will not 
automatically stay the transaction. Pleadings must be filed by with the 
Commission and served on: Kelvin J. Dowd, Esq., Slover & Loftus, 1224 
Seventeenth Street, NW., Washington, DC 20036.

    Decided: January 7, 1994.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Sidney L. Strickland, Jr.,
Secretary.
[FR Doc. 94-1015 Filed 1-13-94; 8:45 am]
BILLING CODE 7035-01-P