[Federal Register Volume 68, Number 11 (Thursday, January 16, 2003)]
[Notices]
[Page 2397]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-864]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34243]


N&T Railway Company LLC--Acquisition and Operation Exemption--
Rail Lines in Stark County, OH

    N&T Railway Company LLC (N&T), a noncarrier, has filed a notice of 
exemption under 49 CFR 1150.31, to acquire and operate two 
nonconnecting rail lines located in Stark, County, OH.\1\ One line, 
known as the Massillion line, consists of approximately 15 miles of 
track that is located in the Township of Perry, OH. The second line, 
known as the Canton line, consists of approximately 21 miles of track 
that is located between the Township of Canton and the City of Canton, 
OH.
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    \1\ N&T's notice of exemption was filed on August 14, 2002, and 
supplemented on December 18, 2002.
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    The rail lines had been owned by Republic Technologies 
International, LLC (RTI), which is bankrupt, and had been operated by 
RTI's carrier subsidiary, the Nimishillen & Tuscarawas, LCC, which is 
not bankrupt. N&T's parent, Republic Engineered Products LLC (REP), 
acquired the lines from RTI, with the approval of RTI's bankruptcy 
court. REP then transferred ownership of the lines to N&T.
    N&T certifies that its projected 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 would not exceed $5 million.
    Operations under the transaction were scheduled to begin on or 
after December 25, 2002, the effective date of the exemption (7 days 
after the supplement 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. 34243, 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: Scott E. Ross, Akin Gump, 
Strauss, Hauer & Feld, L.L.P., 1333 New Hampshire Avenue NW., 
Washington, DC 20036.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: January 8, 2003.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 03-864 Filed 1-15-03; 8:45 am]
BILLING CODE 4915-00-P