[Federal Register Volume 60, Number 248 (Wednesday, December 27, 1995)]
[Notices]
[Page 66988]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31321]



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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32795]


Plainview Terminal Company; Purchase and Operation Exemption; 
Floydada and Plainview Railroad Company

    The Plainview Terminal Company (PTC) has filed a notice of 
exemption to acquire the operating rights of Floydada and Plainview 
Railroad Company to provide local switching service on an approximately 
4.6-mile line of railroad owned by The Atchison, Topeka and Santa Fe 
Railway Company (ATSF) between Plainview Subdivision milepost 627 plus 
1791.7 feet at Plainview, TX (Santa Fe Railway Connection), and 
Floydada Subdivision milepost 4 plus 3160 feet at Plainview, TX. The 
proposed transaction was expected to be consummated on October 25, 
1995. PTC certified that its projected revenues do not exceed those 
that would qualify it as a class III carrier.
    PTC owns no railroad lines and conducts no rail operations subject 
to the Commission's jurisdiction. RailAmerica, Inc. (RAI) owns 100% of 
PTC's stock. RAI owns or controls six other class III shortline 
railroads.
    This transaction is related to a notice of exemption filed in 
RailAmerica, Inc.--Continuance in Control Exemption--West Texas and 
Lubbock Railroad Company, Inc. and Plainview Terminal Company, Finance 
Docket No. 32797, for RAI to continue in control of PTC and West Texas 
and Lubbock Railroad Company (WTLR) and five other class III railroads 
upon PTC and WTLR becoming class III rail carriers.
    Any comments must be filed with the Commission 1 and served 
on: Robert A. Wimbish, Rea, Cross and Auchinclass, 1920 N. Street, NW, 
Suite 420, Washington, DC 20036.

    \1\ Legislation to sunset the Commission on December 31, 1995, 
and transfer remaining functions is now under consideration in 
Congress. Until further notice, parties submitting pleadings should 
continue to use the current name and address.
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    This 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: December 19, 1995.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams, Secretary.
[FR Doc. 95-31321 Filed 12-26-95; 8:45 am]
BILLING CODE 7035-01-P