[Federal Register Volume 70, Number 222 (Friday, November 18, 2005)]
[Notices]
[Pages 70027-70028]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-22759]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34768]


Modoc Northern Railroad Company--Operation Exemption--Union 
Pacific Railroad Company

    Modoc Northern Railroad Company (MNRR), a noncarrier, has filed a 
verified notice of exemption under 49

[[Page 70028]]

CFR 1150.31 to operate approximately 107.15 miles of rail lines to be 
acquired by lease, with an option to purchase, by Modoc Railway and 
Land Company LLC (MR&L) from Union Pacific Railroad Company. The rail 
lines consist of a line known as the Modoc Subdivision extending 
between milepost 552.0 near Texum, OR, and milepost 445.6 at the end of 
the track near McArthur, CA, and the Lakeview Branch extending between 
milepost 456.89 and milepost 458.60 at Alturas, CA.
    MNRR certifies that its projected annual revenues as a result of 
this transaction will not exceed those that would qualify it as a Class 
III rail carrier and will not result in the creation of a Class II or 
Class I rail carrier.
    The transaction was expected to be consummated on or shortly after 
November 1, 2005.
    This transaction is related to two concurrently filed notices of 
exemption in: (1) STB Finance Docket No. 34769, Modoc Railway and Land 
Company LLC--Acquisition Exemption--Union Pacific Railroad Company, 
wherein MR&L seeks to acquire by lease, with an option to purchase, the 
rail lines to be operated by MNRR; and (2) STB Finance Docket No. 
34722, Beth A. Blansett, William D. Blansett, and Modoc Railway and 
Land Company LLC--Continuance in Control Exemption, wherein Beth A. 
Blansett and William D. Blansett seek to continue in control of MNRR 
and MR&L, upon their becoming Class III rail carriers, and MR&L seeks 
to control MNRR.
    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. 34768, 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 Dennis C. Farley, Lear & Lear, 
L.L.P., 229 South Main, Suite 2200, Wells Fargo Center, Salt Lake City, 
UT 84111.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: November 9, 2005.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 05-22759 Filed 11-17-05; 8:45 am]
BILLING CODE 4915-01-P