[Federal Register Volume 69, Number 14 (Thursday, January 22, 2004)]
[Notices]
[Pages 3195-3196]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-1365]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34449]


Pittsburg & Shawmut Railroad, LLC--Acquisition Exemption--Buffalo 
& Pittsburgh Railroad, Inc.

    Pittsburg & Shawmut Railroad, LLC (P&S), a newly formed noncarrier 
and wholly owned subsidiary of Buffalo & Pittsburgh Railroad, Inc. 
(BPRR), has filed a notice of exemption under 49 CFR 1150.31 to acquire 
from BPRR the physical assets that comprise approximately 189.47 miles 
of rail line formerly operated by Pittsburg & Shawmut Railroad, Inc. 
(PSRR), between: (a) Brockway Yard, Brockway (milepost 0.0) and 
Freeport (milepost 88.027) (except for an abandoned segment between 
milepost 2.0 and milepost 19.0); (b) milepost 0.98 on the main line at 
Snyder Township (a/k/a milepost 0.0) and milepost 0.37; (c) Brookville 
Yard (milepost 20.89) and the connection with Mountain Laurel (milepost 
0.30); (d) milepost 69.86 on the main line in East Franklin (a/k/a 
milepost 0.0) and milepost 1.28; (e) Lawsonham (milepost 6.0) and 
Driftwood (milepost 110.0); (f) Lawsonham (milepost 0.0) and Sligo 
(milepost 10.5); and (g) the end of track (milepost 4.0) and Lawsonham 
(milepost 6.0) (the lines). The lines are located in Armstrong, 
Cameron, Clarion, Clearfield, Elk, and Jefferson Counties, PA. BPRR is 
acquiring the lines in a related transaction concurrently filed in STB 
Finance Docket No. 34447, Buffalo & Pittsburgh Railroad, Inc., 
Allegheny & Eastern Railroad, Inc., Pittsburg & Shawmut Railroad, Inc., 
and Bradford Industrial Rail, Inc.--Corporate Family Transaction 
Exemption, wherein PSRR and other subsidiaries will be merged into 
BPRR. The instant transaction contemplates that BPRR will retain the 
operating authority over the lines and P&S will have a residual common 
carrier obligation.

[[Page 3196]]

    The transaction was expected to be consummated on January 1, 2004.
    P&S 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. It further certifies that its total annual revenues will 
not exceed $5 million.
    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 will not automatically stay the transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34449, 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 Eric M. Hocky, Gollatz, Griffin 
& Ewing, P.C., Four Penn Center, Suite 200, 1600 John F. Kennedy Blvd., 
Philadelphia, PA 19103-2808.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: January 15, 2004.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 04-1365 Filed 1-21-04; 8:45 am]
BILLING CODE 4915-00-P