[Federal Register Volume 70, Number 222 (Friday, November 18, 2005)]
[Notices]
[Page 70028]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-22760]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34769]


Modoc Railway and Land Company LLC--Acquisition Exemption--Union 
Pacific Railroad Company

    Modoc Railway and Land Company LLC (MR&L), a noncarrier, has filed 
a verified notice of exemption under 49 CFR 1150.31 to acquire by 
lease, with an option to purchase, approximately 107.15 miles of rail 
lines 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.
    MR&L 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. 34768, Modoc Northern Railroad 
Company--Operation Exemption--Union Pacific Railroad Company, wherein 
Modoc Northern Railroad Company (MNRR) seeks to operate the rail lines 
being acquired by lease by MR&L 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 MR&L and MNRR, 
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. 34769, 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. 05-22760 Filed 11-17-05; 8:45 am]
BILLING CODE 4915-01-P