[Federal Register Volume 62, Number 211 (Friday, October 31, 1997)]
[Notices]
[Page 59026]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-28787]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33476]


C & NC, L.L.C.--Acquisition Exemption--Indiana Hi Rail 
Corporation

    C & NC, L.L.C. (CLLC), a noncarrier, has filed a verified notice of 
exemption under 49 CFR 1150.31 to acquire a line of railroad owned and 
operated by R. Franklin Unger, Trustee of the Indiana Hi Rail 
Corporation (Hi Rail) from Connersville, IN (milepost 0.0), to Beesons, 
IN (milepost 5.2), a distance of approximately 5.2 route miles.
    The line will be operated by C&NC Railroad Corporation under a 
lease and operating agreement with CLLC, which is the subject of a 
separate lease and operation exemption in STB Finance Docket No. 33475, 
C&NC Railroad Corporation--Lease and Operation Exemption--Lines of the 
Norfolk and Western Railway Company and Indiana Hi Rail Corporation.
    The transaction was scheduled to be consummated on or after the 
October 15, 1997 effective date of the exemption. The transaction is 
related to the Hi Rail Trustee's filing of an Amended Plan of 
Reorganization with the Board in STB Finance Docket No. 33491 on 
October 3, 1997.
    If the verified notice contains false or misleading information, 
the exemption is void ab initio. Petitions to reopen the proceeding 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. 33476, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Unit, 1925 K Street, N.W., 
Washington, DC 20423-0001. In addition, a copy of each pleading must be 
served on Richard R. Wilson, Esq., 1126 Eighth Avenue, Suite 403, 
Altoona, PA 16002.

    Decided: October 21, 1997.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 97-28787 Filed 10-30-97; 8:45 am]
BILLING CODE 4915-01-P