[Federal Register Volume 61, Number 181 (Tuesday, September 17, 1996)]
[Notices]
[Page 49006]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-23856]


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DEPARTMENT OF TRANSPORTATION
[STB Finance Docket No. 32982; Finance Docket No. 32657]


Notice of Exemptions

    In the Matter of: Iron Road Railways Incorporated, Benjamin F. 
Collins, John F. DePodesta, Daniel Sabin, and Robert T. Schmidt--
Control Exemption--Bangor and Aroostook Railroad Company, Canadian 
American Railroad Company, Iowa Northern Railway Company, and The 
Northern Vermont Railroad Company Incorporated and Iron Road 
Railways Incorporated and Bangor and Aroostook Acquisition 
Corporation--Control Exemption--Bangor and Aroostook Railroad 
Company and Canadian American Railroad Company.

    \1\ The ICC Termination Act of 1995, Pub. L. No. 104-88, 109 
Stat. 803 (ICCTA), which was enacted on December 29, 1995, and took 
effect on January 1, 1996, abolished the Interstate Commerce 
Commission and transferred certain functions to the Surface 
Transportation Board (Board). This notice relates to functions that 
are subject to Board jurisdiction pursuant to 49 U.S.C. 10502 and 
11323-27.
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AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of exemptions.

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SUMMARY: The Board: (1) reopens Finance Docket No. 32657 and grants an 
exemption allowing control by Benjamin F. Collins, John F. DePodesta, 
Daniel Sabin, and Robert T. Schmidt (Individual Petitioners) of the 
Bangor and Aroostook Railroad Company, Canadian American Railroad 
Company, and Iowa Northern Railway Company; and (2) grants an exemption 
in STB Finance Docket No. 32982 for the Individual Petitioners' and 
Iron Road Railways Incorporated's continuance in control of The 
Northern Vermont Railroad Company Incorporated (NV), upon NV's becoming 
a Class III rail carrier, subject to labor protective conditions. NV 
filed a notice of exemption in STB Finance Docket No. 32981 to acquire 
from Canadian Pacific Limited, doing business as CP Rail System, 
approximately 86.41 miles of rail line located in Franklin, Orleans, 
Caledonia, and Orange Counties, VT.2 Consummation of that 
transaction is contingent upon our exemption of the continuance in 
control transaction.

    \2\ The notice of exemption was filed on June 7, 1996, and was 
scheduled to become effective 7 days later.
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DATES: These exemptions will be effective on September 27, 1996. 
Petitions to stay must be filed September 23, 1996. Petitions to reopen 
must be filed by October 7, 1996.

ADDRESSES: Send pleadings, referring to STB Finance Docket No. 32982 
and/or Finance Docket No. 32657 to: (1) Office of the Secretary, Case 
Control Branch, Surface Transportation Board, 1201 Constitution Avenue, 
N.W., Washington, D.C. 20423; and (2) David A. Hirsh, Harkins 
Cunningham, Suite 600, 1300 19th Street, N.W., Washington, D.C. 20036.

FOR FURTHER INFORMATION CONTACT: Joseph H. Dettmar, (202) 927-5660. 
[TDD for the hearing impaired: (202) 927-5721].

SUPPLEMENTARY INFORMATION: Additional information is contained in the 
Board's decision. To purchase a copy of the full decision, write to, 
call, or pick up in person from: DC News & Data, Inc., Room 2229, 
Surface Transportation Board, 1201 Constitution Avenue, N.W., 
Washington, D.C. 20423. Telephone: (202) 289-4357/4359. [Assistance for 
the hearing impaired is available through TDD services at (202) 927-
5721].

    Decided: September 12, 1996.

    By the Board, Chairman Morgan, Vice Chairman Simmons, and 
Commissioner Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 96-23856 Filed 9-16-96; 8:45 am]
BILLING CODE 4915-00-P