[Federal Register Volume 69, Number 67 (Wednesday, April 7, 2004)]
[Notices]
[Page 18420]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-7072]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34480]


Chestnut Ridge Railroad Corporation--Acquisition and Operation 
Exemption--Chestnut Ridge Railway Company

    Chestnut Ridge Railroad Corporation (CHR), a noncarrier subsidiary 
of Horsehead Corp. (Horsehead), has filed a verified notice of 
exemption under 49 CFR 1150.31 to acquire and operate approximately 6.6 
miles of rail line formerly operated by Chestnut Ridge Railway Company 
(Chestnut), extending from a connection with the Norfolk Southern 
Railway Company at Chestnut's milepost 0.0 in Palmerton, PA, to 
milepost 6.6 in Carbon County, PA.\1\
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    \1\ In a decision served on March 12, 2004, in STB Finance 
Docket No. 34481, Horsehead Corp.--Petition for Acquisition and 
Operation Exemption--Chestnut Ridge Railway Company, the Board 
granted Horsehead's request for an exemption authorizing its 
acquisition and operation of the subject rail line and made the 
exemption retroactive back to December 23, 2003, when Horsehead 
acquired the line through a bankruptcy auction.
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    CHR certifies that its annual revenues as a result of this 
transaction will not result in the creation of a Class I or Class II 
rail carrier and that its revenues will not exceed $5 million.
    The parties indicate that they intend to consummate the transaction 
as promptly as possible after March 15, 2004, the effective date of the 
exemption (7 days after the exemption 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. 34480, 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 Donald G. Avery, Slover & 
Loftus, 1224 17th Street, NW., Washington, DC 20036.
    Board decisions and notices are available on our Web site at 
www.stb.dot.gov.

    Decided: March 23, 2004.

    By the Board, Joseph H. Dettmar, Acting Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 04-7072 Filed 4-6-04; 8:45 am]
BILLING CODE 4915-01-P