[Federal Register Volume 62, Number 7 (Friday, January 10, 1997)]
[Notices]
[Page 1487]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-628]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION
[STB Finance Docket No. 33322]


Georgetown Railroad Company, Acquisition and Operation Exemption, 
Missouri Pacific Railroad Company

    Georgetown Railroad Company (GRR), a Class III rail carrier, has 
filed a verified notice of exemption under 49 CFR 1150.41 to acquire 
and operate over approximately 8,338 feet of Missouri Pacific Railroad 
Company's (MP) line of railroad known as MP's ICC Track No. 11 in 
Georgetown, which extends from the terminus of GRR's line at milepost 
0.0 (MP's former milepost 923.70) in Georgetown, to the east side of 
Church Street in Georgetown, at milepost 0.54; and MP's undivided one-
half interest in ICC Track No. 48, extending from milepost 0.54 south 
and west 5,470 feet to a point connecting with GRR's line from Kerr, in 
Williamson County, TX.1 GRR is also acquiring MP's undivided one-
half interest in the 5,478-foot ICC Track No. 47, and a 120-foot 
section of Track No. 11, in Georgetown, but as these will be used as 
side tracks, no exemption from 49 U.S.C. 10902 is necessary, due to the 
statutory exemption for acquisition and operation of side tracks in 49 
U.S.C. 10906.
---------------------------------------------------------------------------

    \1\ This transaction involves GRR's acquisition and operation of 
a 1.58-mile segment of track connecting GRR's line from Kerr to 
Georgetown, TX, with a 16.32-mile line from Georgetown to Granger, 
TX, that GRR purchased from MP. Abandonment of the line was 
authorized in Missouri Pacific Railroad Company--Abandonment--in 
Williamson County, TX (Georgetown Branch), Docket No. AB-3 (Sub-No. 
94) (ICC served Oct. 21, 1991).
---------------------------------------------------------------------------

    The exemption was effective on December 20, 1996. The parties 
indicate that consummation of the transaction will occur within 90 days 
after the effective date of the exemption.
    If the verified 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 transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 33322, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Branch, 1201 Constitution 
Avenue, N.W., Washington, DC 20423. In addition, a copy of each 
pleading must be served on: Betty Jo Christian, Steptoe & Johnson LLP, 
1330 Connecticut Ave., N.W., Washington, DC 20036.

    Decided: January 3, 1997.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 97-628 Filed 1-9-97; 8:45 am]
BILLING CODE 4915-00-P