[Federal Register Volume 68, Number 113 (Thursday, June 12, 2003)]
[Notices]
[Page 35255]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-14868]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34355]


Mississippi Tennessee Holdings, LLC and Mississippi Tennessee 
Railroad, LLC--Acquisition and Operation Exemption--Rail Line of 
Mississippi & Tennessee Railnet, Inc., Between Houston, MS, and 
Middleton, TN, in Chickasaw, Pontotoc, Union and Tippah Counties, MS, 
and Hardeman County, TN

    Mississippi Tennessee Holdings, LLC (MTH) and Mississippi Tennessee 
Railroad, LLC (MTR), noncarriers, have jointly filed a verified notice 
of exemption under 49 CFR 1150.31 to acquire and operate an 87.7-mile 
line of the Mississippi Tennessee Railnet, Inc. (Railnet), extending 
between milepost GG 281.0 at Houston, in Chickasaw, Pontotoc, Union and 
Tippah Counties, MS, and milepost GG 368.7 at Middleton in Hardeman 
County, TN.\1\
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    \1\ This proceeding is related to STB Finance Docket No. 34356, 
Gregory B. Cundiff, Connie Cundiff, CGX, Inc., and Ironhorse 
Resources, Inc.--Continuance in Control Exemption--Mississippi 
Tennessee Holdings, LLC and Mississippi Tennessee Railroad, LLC, 
wherein Gregory B. Cundiff, Connie Cundiff, CGX, Inc., and Ironhorse 
Resources, Inc., have concurrently filed a notice of exemption to 
continue in control of MTH and MTR upon their becoming rail 
carriers.
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    MTH and MTR certify that MTR's projected annual revenues will not 
exceed those that would qualify it as a Class III rail carrier and that 
its annual revenues are not projected to exceed $5 million.\2\
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    \2\ MTR will be the operator of the line.
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    The transaction was scheduled to be consummated on or after May 27, 
2003 (7 days after the notice 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. 34355, 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 Thomas F. McFarland, 208 South 
LaSalle Street, Suite 1890, Chicago, IL 60604-1194.
    Board decisions and notices are available on our Web site at 
www.stb.dot.gov.

    Decided: June 5, 2003.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 03-14868 Filed 6-11-03; 8:45 am]
BILLING CODE 4915-00-P