[Federal Register Volume 62, Number 184 (Tuesday, September 23, 1997)]
[Notices]
[Page 49723]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-25241]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33451]


Delta Southern Railroad Company--Lease and Operation Exemption--
Union Pacific Railroad Company

    Delta Southern Railroad (DSR), a Class III rail carrier, has filed 
a verified notice of exemption under 49 CFR 1150.41 to lease and 
operate a total of approximately 39.42 miles of rail line owned by 
Union Pacific Railroad Company (UPRR) between milepost 422.32 at 
Dermott, AR, and milepost 461.74 at Warren, AR.1 In 
addition, DSR will acquire approximately 5.56 miles of incidental 
overhead trackage rights between milepost 415.26 at Dermott and 
milepost 409.7 at McGehee, AR, over UPRR's main line to facilitate 
railcar interchange between UPRR and DSR at UPRR's yard tracks at 
McGehee. The transaction was expected to be consummated on or after 
September 6, 1997.
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    \1\ In addition, DSR will lease from UPRR a railcar repair 
facility (including storage tracks) and an adjacent office building 
and parking facility in UPRR's rail yard at McGehee, AR. DSR states 
that these aspects of the lease agreement are not subject to Board 
jurisdiction.
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    If the 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. 33451, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Unit, 1925 K Street, N.W., 
Washington, DC 20423-0001 and served on: Robert A. Wimbish, Rea, Cross 
& Auchincloss, 1920 N Street, Suite 420, N.W., Washington, DC 20036.

    Decided: September 15, 1997.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 97-25241 Filed 9-22-97; 8:45 am]
BILLING CODE 4915-00-P