[Federal Register Volume 67, Number 190 (Tuesday, October 1, 2002)]
[Notices]
[Page 61725]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-24604]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34232]


Kansas & Oklahoma Railroad, Inc.--Lease Exemption--Union Pacific 
Railroad Company

    Kansas & Oklahoma Railroad, Inc. (K&O), a Class III rail carrier, 
has filed a verified notice of exemption under 49 CFR 1150.41 to lease 
from Union Pacific Railroad Company 27 miles of rail line located 
between milepost 485.0, at Newton, KS, and milepost 512.0, at 
McPherson, KS. K&O will be the operator of the line.
    Because K&O's projected annual revenues will exceed $5 million, K&O 
certified to the Board on July 11, 2002, that it had sent the required 
notice of the transaction to the national offices of all labor unions 
representing employees on the line on July 10, 2002, and that it had 
posted a copy of the notice at the workplace of employees on the 
affected lines on June 28, 2002. See 49 CFR 1150.42(e).
    The transaction was scheduled to be consummated on or shortly after 
September 17, 2002 (7 days after the notice of exemption was filed and 
more than 60 days after K&Os certification to the Board that it had 
complied with the Boards rule at 49 CFR 1150.42(e)).
    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. 34232, 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 Karl Morell, Ball Janik LLP, 
Suite 225, 1455 F Street, NW., Washington, DC 20005.
    Board decisions and notices are available on our Web site at 
www.stb.dot.gov.

    Decided: September 23, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-24604 Filed 9-30-02; 8:45am]
BILLING CODE 4915-00-P