[Federal Register Volume 67, Number 185 (Tuesday, September 24, 2002)]
[Notices]
[Page 59878]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-23951]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34251]


Elk River Railroad, Inc.--Acquisition and Operation Exemption--
Line of CSX Transportation, Inc.

    Elk River Railroad, Inc. (TERRI), a Class III railroad, has filed a 
verified notice of exemption under 49 CFR 1150.41 to acquire from CSX 
Transportation, Inc. (CSXT) and operate a 61.1-mile rail line known as 
the Elk River Subdivision between milepost 6.2, at or near Gilmer, and 
milepost 67.3, at or near Hartland, in Gilmer, Braxton, and Clay 
Counties, WV.\1\
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    \1\ TERRI states that it currently leases the line from CSXT and 
operates it. See The Elk River Railroad, Inc.--Lease, Operation and 
Acquisition Exemption--Line of CSX Transportation, Inc., Finance 
Docket No. 31497 (ICC served July 26, 1989). According to TERRI it 
intends to exercise its option to purchase the involved property 
pursuant to the lease dated August 1, 1989.
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    TERRI certifies that its projected revenues as a result of this 
transaction will not result in the creation of a Class II or Class I 
rail carrier.
    TERRI states that it intends to consummate the transaction on or 
about September 13, 2002. The exemption will not be effective until 
September 19, 2002, (7 days after the exemption was filed).
    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 does not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34251, must be filed with the Surface Transportation 
Board, 1925 K Street, NW., Washington, DC 20423-0001. In addition, one 
copy of each pleading must be served on F.T. Graff, Bowles Rice McDavid 
Graff & Love, PLLC, 600 Quarrier Street, Charleston, WV 26301.
    Board decisions and notices are available on our Web site at 
WWW.STB.DOT.GOV.

    Decided: September 16, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-23951 Filed 9-23-02; 8:45 am]
BILLING CODE 4915-00-P