65FR35695A Wisconsin & Southern Railroad Company--Acquisition Exemption-- Lines of Soo Line Railroad Company d/b/a Canadian Pacific Railway
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Posting-number: Volume 65, Issue 108, Page 35695A
[Federal Register: June 5, 2000 (Volume 65, Number 108)]
[Notices]
[Page 35695-35696]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr05jn00-120]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 33801]
Wisconsin & Southern Railroad Company--Acquisition Exemption--
Lines of Soo Line Railroad Company d/b/a Canadian Pacific Railway
Wisconsin & Southern Railroad Company (WSOR), a Class III rail
common carrier, has filed a notice of exemption under 49 CFR 1150.41 to
acquire and operate approximately 6.73 miles of a series of short rail
lines in North Milwaukee, WI, known as the Gibson Line or the Gibson
Spur, owned by Soo Line Railroad Company d/b/a Canadian Pacific Railway
(CPR),\1\ which it currently leases and operates from CPR.\2\
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\1\ WSOR states in its notice that it has executed an asset
purchase agreement with CPR to acquire the above-described rail
lines.
\2\ See Wisconsin & Southern Railroad Co.--Lease and Operation
Exemption--Soo Line Railroad Company, d/b/a CP Rail System, Finance
Docket No. 32706 (ICC served July 14, 1995).
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The lines to be acquired are as follows: (1) The Horicon Line, from
Point A at milepost 93.72, the division of ownership with the State of
Wisconsin, to Point B at milepost 93.20 in the vicinity of Glendale
Yard; (2) the Canco Line, from Point B at milepost 93.20 extending in a
northerly direction to Point C at milepost 95.18, the division of
ownership with the Wisconsin Central Limited; (3) the Nut Line, from
Point B at milepost 93.20 extending in a southeasterly direction to
Point E at milepost 96.76; and (4) the Cement Line, an industry spur
extending from switch with the Nut
[[Page 35696]]
Line milepost 95.47 to Point D, at the end of the track, .67 miles east
of the Nut Line switch.
Because the projected revenues of the rail line to be operated
exceed $5 million, WSOR certified to the Board, on September 21, 1999,
that the required notice of its rail line acquisition was posted at the
workplace of the employees on the affected lines on that same date. See
49 CFR 1150.42(e).
WSOR reported that it intends to consummate the transaction more
than 7 days after the filing of this exemption, or no later than June
5, 2000.
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. 33801, must be filed with the Surface Transportation
Board, Office of the Secretary, Case Control Unit, 1925 K Street, N.W.,
Washington, DC 20423-0001. In addition, one copy of each pleading must
be served on John D. Heffner, REA, CROSS & AUCHINCLOSS, Suite 570, 1707
L Street, N.W., Washington, DC 20036.
Board decisions and notices are available on our website at
``WWW.STB.DOT.GOV.''
Decided: May 30, 2000.
By the Board, David M. Konschnik, Director, Office of
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 00-13995 Filed 6-2-00; 8:45 am]
BILLING CODE 4915-00-U