[Federal Register Volume 70, Number 206 (Wednesday, October 26, 2005)]
[Notices]
[Page 61879]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-21402]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34760]


Arkansas Southern Railroad, Inc.--Lease Exemption--The Kansas 
City Southern Railway Company

    Arkansas Southern Railroad, Inc. (ARSR), a noncarrier, has filed a 
verified notice of exemption under 49 CFR 1150.31 to lease from The 
Kansas City Southern Railway Company and operate approximately 61 miles 
of rail lines located in Arkansas and Oklahoma. The rail lines extend 
from: (1) Milepost 4.0, near Heavener, OK, to milepost 33.0, at the end 
of the track at Waldron, AR; and (2) milepost 32.0, at Ashdown, AR, to 
milepost 0.0, at the end of the track near Nashville, AR, not including 
the 601 track switch at Ashdown, AR.
    This transaction is related to STB Finance Docket No. 34761, Watco 
Companies, Inc.--Continuance in Control Exemption--Arkansas Southern 
Railroad, Inc., wherein Watco Companies, Inc., has filed a notice of 
exemption to continue in control of ARSR upon its becoming a Class III 
rail carrier.
    ARSR certifies that its projected revenues as a result of the 
transaction will not result in ARSR's becoming a Class II or Class I 
rail carrier. ARSR also certifies that its projected annual revenues 
will not exceed $5 million.
    The transaction was expected to be consummated on or shortly after 
October 9, 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. 34760, 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 Karl Morell, Of Counsel, Ball 
Janik, LLP, 1455 F Street, NW., Suite 225, Washington, DC 20005.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: October 21, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-21402 Filed 10-25-05; 8:45 am]
BILLING CODE 4915-01-P