[Federal Register Volume 71, Number 128 (Wednesday, July 5, 2006)]
[Notices]
[Page 38208]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E6-10432]


-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34867]


General Railway Corporation, d/b/a Iowa Northwestern Railroad--
Exemption for Acquisition of Railroad Line--In Osceola and Dickinson 
Counties, IA

    General Railway Corporation (GRC), d/b/a Iowa Northwestern 
Railroad, a Class III rail carrier, has filed a verified notice of 
exemption under 49 CFR 1150.41 to acquire from Dickinson Osceola 
Railroad Association (DORA) approximately 37.30 miles of rail line in 
Osceola and Dickinson Counties, extending from milepost 215.00 at a 
point west of Superior, IA, to milepost 252.30 at a point west of 
Allendorf, IA.\1\
---------------------------------------------------------------------------

    \1\ Due to an inadvertent oversight, GRC states that it obtained 
Board authority to operate the subject line in 2001 but did not 
obtain authority to acquire it. GRC filed this notice of exemption 
to correct the error. See General Railway Corporation d/b/a Iowa 
Northwestern Railroad Corporation--Operation Exemption--Line of 
Dickinson Osceola Railroad Association, STB Finance Docket No. 34037 
(STB served and published May 11, 2001).
---------------------------------------------------------------------------

    GRC certifies that its projected annual revenues as a result of 
this transaction will not result in the creation of a Class I or Class 
II rail carrier, and further certifies that its projected annual 
revenues will not exceed $5 million.
    By decision served on May 25, 2006, the Board's Chairman issued a 
``housekeeping'' stay of the effective date of the notice of exemption 
in this proceeding to permit full consideration of the issues presented 
in a petition filed by DORA and Iowa Central Railroad Company to reject 
or revoke the exemption or to stay its effectiveness.\2\ This notice is 
subject to the housekeeping stay and cannot take effect until further 
order of the Board.
---------------------------------------------------------------------------

    \2\ See General Railway Corporation, d/b/a Iowa Northwestern 
Railroad--Exemption for Acquisition of Railroad Line--In Osceola and 
Dickinson Counties, IA, STB Finance Docket No. 34867 (STB served May 
25, 2006). In this decision, the Chairman also directed GRC to file 
an amended notice of exemption under 49 CFR 1150.41. This notice was 
filed pursuant to that directive.
---------------------------------------------------------------------------

    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. 34867, 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 Edward J. Fishman, Kirkpatrick 
& Lockhart Nicholson Graham LLP, 1601 K Street, NW., Washington, DC 
20006.
    Board decisions and notices are available on our Web site at http://www.stb.dot.gov.

    Decided: June 27, 2006.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. E6-10432 Filed 7-3-06; 8:45 am]
BILLING CODE 4915-01-P