Federal Register, Volume 59 Issue 12 (Wednesday, January 19, 1994)

[Federal Register Volume 59, Number 12 (Wednesday, January 19, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-1254]


[[Page Unknown]]

[Federal Register: January 19, 1994]


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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32428]

 

Morris Leasing Co., Ltd.; Acquisition and Operation Exemption; 
Lines of Consolidated Rail Corporation

    Morris Leasing Co., Ltd. (Morris), a noncarrier, has filed a 
verified notice of exemption to acquire and operate the following rail 
lines owned by Consolidated Rail Corporation (Conrail), in St. Joseph 
County, MI: (1) The Quincy Secondary Track, between milepost 421.2, at 
or near White Pigeon and milepost 406.84, at or near Sturgis; (2) the 
GR&I Industrial Track, between milepost 146.4 and milepost 150.7, at or 
near Sturgis; and (3) the Goshen Industrial Track, between milepost 
28.4 and milepost 29.3, at or near Sturgis. The line segments total a 
distance of approximately 19.56 miles. Morris indicates that it will 
enter into an agreement with Michigan Southern Railroad Company, Inc. 
(Michigan Southern) to operate as a contract carrier over the lines. 
Morris will retain the common carrier service obligation. The parties 
expected to consummate the transaction on or after the December 30, 
1993 effective date of the exemption.
    The transaction is related to a petition for exemption filed 
concurrently in Finance Docket No. 32429, Gordon Morris--Cont. in 
Control Exempt.--Morris Leasing Co., Ltd., in which Gordon Morris, a 
noncarrier individual, seeks to continue in control of Morris and 
Michigan Southern, a class III shortline rail carrier upon Morris 
becoming a class III rail carrier.^{1
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    \1\To avoid an unlawful control violation pursuant to 49 CFR 
1013, Mr. Morris has placed the stock of Morris in an irrevocable 
voting trust with an independent voting trustee.
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    Any comments must be filed with the Commission and served on: 
Thomas F. McFarland, Jr., 20 North Wacker Drive, suite 3118, Chicago, 
IL 60606-3101.
    The notice is filed under 49 CFR 1150.31. If the notice contains 
false or misleading information, the exemption is void ab initio. 
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.

    Decided: January 11, 1994.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Sidney L. Strickland, Jr.,
Secretary.
[FR Doc. 94-1254 Filed 1-18-94; 8:45 am]
BILLING CODE 7035-01-P}