[Federal Register Volume 67, Number 144 (Friday, July 26, 2002)]
[Notices]
[Pages 48967-48968]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-18439]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34222]


Fraser N.H. LLC--Acquisition Exemption--Rail Lines of Berlin 
Mills Railway, Inc.

    Fraser N.H. LLC (Fraser), a noncarrier, has filed a verified notice 
of exemption under 49 CFR 1150.31 to acquire from

[[Page 48968]]

Berlin Mills Railway, Inc. (Berlin Mills), approximately: (1) 5.5 miles 
of rail line between milepost 154.6 at Berlin, NH, and milepost 149.1 
at Gorham, NH; and (2) 0.5 miles of rail line in the vicinity of 
Berlin, a total distance of approximately 6.0 miles in Coos County, 
NH.\1\
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    \1\ Fraser recently acquired various assets of American Tissue, 
Inc. (ATI), as part of a sale within ATI's bankruptcy proceeding, 
including the railroad lines and other assets of Berlin Mills, a 
subsidiary of ATI. Fraser filed this exemption once it became aware 
of the need for Board approval. St. Lawrence & Atlantic Railroad 
Company (SLR) operates over the lines pursuant to a lease and 
operation exemption. See St. Lawrence & Atlantic Railroad Company--
Lease and Operation Exemption--Berlin Mills Railway, Inc., STB 
Finance Docket No. 33485 (STB served Oct. 24, 1997). According to 
Fraser, SLR will continue to operate over the lines under a lease 
agreement to be entered into with Fraser, whereupon SLR will file a 
petition for exemption under 49 U.S.C. 10502 for the lease 
transaction.
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    Fraser certifies that its projected annual revenues as a result of 
this transaction will not exceed those that would qualify it as a Class 
III rail carrier, and that such revenues will not exceed $5 million 
annually.
    The effective date of the exemption was July 10, 2002 (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. 34222, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, a 
copy of each pleading must be served on Amy S. Koch, Cameron McKenna 
LLP, 2175 K Street, NW., 5th Floor, Washington, DC 20037.
    Board decisions and notices are available on our Web site at 
``www.stb.dot.gov.''

    Decided: July 16, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-18439 Filed 7-25-02; 8:45 am]
BILLING CODE 4915-00-P