[Federal Register Volume 66, Number 92 (Friday, May 11, 2001)]
[Notices]
[Page 24181]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-11825]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34037]


General Railway Corporation d/b/a Iowa Northwestern Railroad 
Corporation--Operation Exemption--Line of Dickinson Osceola Railroad 
Association

    General Railway Corporation d/b/a Iowa Northwestern Railroad 
Corporation (GRC), a noncarrier, has filed a notice of exemption under 
49 CFR 1150.31 to operate approximately 37.21 miles of rail line 
currently owned by Dickinson Osceola Railroad Association (DORA). The 
rail line to be operated extends between milepost 79.34, at a point 
west of Superior, IA, and the end of the line at approximately milepost 
116.55, a point west of Allendorf, IA, in Dickinson and Osceola 
Counties, IA. GRC states that, on April 2, 2001, an agreement was 
reached between it and DORA, wherein DORA designated GRC as operator of 
the line. GRC further states that ownership of the line is expected to 
be transferred to GRC from DORA in the near future. GRC certifies that 
its projected revenues will not exceed those that would qualify it as a 
Class III rail carrier and its revenues are not projected to exceed $5 
million.\1\
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    \1\ See Dickinson Osceola Railroad Association--Acquisition and 
Operation Exemption--Union Pacific Railroad Company, STB Finance 
Docket No. 34008 (STB served Mar. 5, 2001).
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    The transaction was scheduled to be consummated on or shortly after 
May 2, 2001 (7 days after the exemption was filed).
    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. 34037, 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, one copy of each pleading must 
be served on John Larkin, General Railway Corporation, 4814 Douglas 
St., Omaha, NE 68132.
    Board decisions and notices are available on our website at 
www.stb.dot.gov.

    Decided: May 4, 2001.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 01-11825 Filed 5-10-01; 8:45 am]
BILLING CODE 4915-00-P