[Federal Register Volume 63, Number 98 (Thursday, May 21, 1998)]
[Notices]
[Page 28026]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-13593]


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R-4915-00-P

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33567]


Albany & Eastern Railroad Company--Acquisition and Operation 
Exemption--The Burlington Northern and Santa Fe Railway Company

    Albany & Eastern Railroad Company (AERC), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire from The 
Burlington Northern and Santa Fe Railway Company (BNSF), and to operate 
17.40 miles of rail line between MP-14.50, at or near Lebanon, and MP-
31.90, at or near Foster, in Linn County, OR.1 AERC also is 
acquiring incidental trackage rights over Union Pacific Railroad 
Company's (UP) rail line between MP-688.96, at or near Lebanon, and MP-
691.52, at or near Albany, and over BNSF's line between MP-0.0, at 
Albany, and MP-0.89, east of Albany, in Linn County, OR, a total of 
13.62 miles. The incidental trackage rights will permit AERC to 
interchange traffic with BNSF at its Albany yard.
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    \1\ AERC will acquire the track, ties, and other improvements, 
and a permanent, irrevocable easement to operate on this line, but 
not the real estate.
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    The transaction was expected to be consummated on or shortly after 
May 8, 1998.
    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. 33567, 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, one copy of each pleading must 
be served on Fritz R. Kahn, Suite 750 West, 1100 New York Avenue, N.W., 
Washington, DC 20005-3934.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: May 14, 1998.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 98-13593 Filed 5-20-98; 8:45 am]
BILLING CODE 4915-00-P