[Federal Register Volume 70, Number 194 (Friday, October 7, 2005)]
[Notices]
[Pages 58791-58792]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-20245]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34751]
Louisiana Southern Railroad, Inc.--Lease and Operation
Exemption--The Kansas City Southern Railway Company
Louisiana Southern Railroad, Inc. (LSRR), a noncarrier,\1\ has
filed a verified notice of exemption under 49 CFR 1150.31 to lease from
The Kansas City Southern Railway Company (KCS)
[[Page 58792]]
and operate four rail lines totaling approximately 165.8 miles. The
rail lines are located between: (1) A point 1,600 feet south of LN&W
milepost 62, near Gibsland, LA, and milepost B-192, near Pineville, LA;
(2) milepost 148.8, at Winnfield, LA, and the end of the track, at
Joyce, LA; (3) milepost 78.8, at Minden, LA, and milepost 83.5, at
Sibley, LA; and (4) milepost 48.48, south of Springhill, LA, and
milepost B-102, east of Hinkle, LA.
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\1\ LSRR is controlled by Watco Companies, Inc., a noncarrier
that also controls thirteen (13) Class III railroads operating in
thirteen States.
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This transaction is related to STB Finance Docket No. 34752, Watco
Companies, Inc.--Continuance in Control Exemption--Louisiana Southern
Railroad, Inc., wherein Watco Companies, Inc., has concurrently filed a
verified notice of exemption to continue in control of LSRR upon LSRR's
becoming a Class III rail carrier.
LSRR certifies that the projected annual revenues as a result of
this transaction will not result in the creation of a Class II or Class
I rail carrier, and further certifies that its projected annual
revenues will not exceed $5 million.
The transaction was scheduled to be consummated on or shortly after
September 25, 2005.
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. 34751, 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 Karl Morell, Of Counsel, BALL
JANIK LLP, Suite 225, 1455 F Street, NW., Washington, DC 20005.
Board decisions and notices are available on our Web site at http://www.stb.dot.gov.
Decided: October 3, 2005.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-20245 Filed 10-6-05; 8:45 am]
BILLING CODE 4915-01-P