[Federal Register Volume 67, Number 13 (Friday, January 18, 2002)]
[Notices]
[Page 2729]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-1276]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34151]


Beaufort & Morehead Railway, Inc.--Acquisition and Operation 
Exemption--North Carolina Ports Railway Commission d/b/a Beaufort & 
Morehead Railway

    Beaufort & Morehead Railway, Inc. (BMRI), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to acquire by lease, 
pursuant to an agreement with its owner the North Carolina Ports 
Railway Commission d/b/a Beaufort & Morehead Railway (NCPRC), all of 
NCPRC's railroad line extending from the connection with the Norfolk 
Southern Railway Company (Atlantic & East Carolina Railway) at milepost 
0.0 in Morehead City to milepost 0.87 at Gallants Channel near Morehead 
City, a distance of .87 miles in Carteret County, NC, serving the 
intermediate stations of Marsh Island, Radio Island and Beaufort Team 
Track, together with all of the NCPRC's yard and interchange tracks.\1\ 
BMRI will be the operator of the line. BMRI certifies that its 
projected annual revenues as a result of this transaction will not 
result in the creation of a Class II or Class I rail carrier, and that 
its projected annual revenues will not exceed $5 million.
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    \1\ See North Carolina Ports Railway Commission d/b/a Beaufort & 
Morehead Railway--Acquisition and Operation Exemption--Beaufort & 
Morehead Railway, Inc., STB Finance Docket No. 33826 (STB served 
Dec. 2, 1999).
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    The transaction was scheduled to be consummated on December 28, 
2001.
    If this 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. 34151, 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 Fritz R. Kahn, P.C., 1920 N Street, N.W., 8th Floor, 
Washington, DC 20036-1601.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: January 11, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-1276 Filed 1-17-02; 8:45 am]
BILLING CODE 4915-00-P