[Federal Register Volume 63, Number 17 (Tuesday, January 27, 1998)]
[Notices]
[Page 3945]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-1911]



[[Page 3945]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33537]


GRC Holdings Corporation--Acquisition Exemption--Union Pacific 
Railroad Company

    GRC Holdings Corporation (GRCH), a noncarrier, has filed a verified 
notice of exemption under 49 CFR 1150.31 to acquire from Union Pacific 
Railroad Company (UP) a 244.5-mile line of railroad between Vigus, MO 
(milepost 19.0), and Pleasant Hill, MO (milepost 263.5). GRCH intends 
immediately to convey to Missouri Central Railroad Company (MCRR) the 
assets necessary to conduct railroad operations over the line.
    The earliest date possible for consummation of the transaction is 
March 17, 1998, 60 days after GRCH certified that it posted the 
required notice at the affected employees' workplace and served notice 
of the transaction, as required, on the national offices of the labor 
unions with employees on the affected line.
    This transaction is related to STB Finance Docket No. 33508, 
Missouri Central Railroad Company--Acquisition and Operation 
Exemption--Lines of Union Pacific Railroad Company, wherein MCRR has 
filed a verified notice of exemption to acquire: (1) the above-noted 
railroad assets from GRCH, and (2) specified incidental trackage rights 
directly from UP.
    This notice is filed under 49 CFR 1150.31. If the notice contains 
false or misleading information, the exemption is void ab 
initio.1 A petition 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.
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    \1\ A petition to reject the notice has been filed. The Board 
will address that petition in a subsequent decision.
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    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 33537, 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 David C. Reeves, 1300 I Street, N.W., Suite 500 East, 
Washington, DC 20005-3314.2

    \2\ There currently is a large service list in the related 
proceeding in STB Finance Docket No. 33508 because over 300 
individuals representing themselves have filed letters opposing the 
transaction. In response to a request by joint petitioners, The 
Cities of Lee's Summit, MO, and Raytown, MO, and to relieve all 
parties of unnecessary burdens, the Board will place the individuals 
who reside in Lee's Summit or Raytown into ``advise of all 
proceedings'' status rather than ``party of record'' status. It will 
not be necessary to serve copies of pleadings on these individuals, 
but the Board will expect the joint petitioners to keep them fully 
informed so that they can participate in proceedings before the 
Board should they desire to do so.

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    Decided: January 20, 1998.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-1911 Filed 1-26-98; 8:45 am]
BILLING CODE 4915-00-P