[Federal Register Volume 65, Number 224 (Monday, November 20, 2000)]
[Notices]
[Page 69803]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-29651]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 33954]


Hollis & Eastern Railroad Company, a Delaware Corporation--
Acquisition and Operation Exemption--Hollis & Eastern Railroad Company, 
an Oklahoma Corporation

    Hollis & Eastern Railroad Company (Applicant), a noncarrier, has 
filed a verified notice of exemption under 49 CFR 1150.31 to acquire 
and operate the railroad line of Hollis & Eastern Railroad Company 
(Target) between Duke, OK, at milepost 0, and the Wichita, Tillman & 
Jackson Ry. Co. line, at milepost 14, located approximately 14 miles to 
the east.\1\
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    \1\ Target, an Oklahoma corporation, is a 99.3%-owned subsidiary 
of Republic Gypsum Company. Applicant, a Delaware corporation, is a 
wholly owned subsidiary of Target. Target will, pursuant to Oklahoma 
and Delaware law, merge into Applicant with Applicant being the 
surviving corporation. Following the mergers, Applicant will be 
converted to a Delaware limited liability company. As a result, the 
state of incorporation of Target will be changed from Oklahoma to 
Delaware, and Target will be changed to a Delaware limited liability 
company.
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    The transaction was scheduled to be consummated on or about 
November 9, 2000. The earliest the transaction could be consummated was 
November 7, 2000, 7 days after the exemption was filed.
    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. 33954, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Unit, 1925 K Street, NW, 
Washington, DC 20423-0001. In addition, a copy of each pleading must be 
served on Bryan Bishop, Esq., Locke Liddell & Sapp LLP, 2200 Ross 
Avenue, Suite 2200, Dallas, TX 75201.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: November 13, 2000.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 00-29651 Filed 11-17-00; 8:45 am]
BILLING CODE 4915-00-P