65848 Federal Register / Vol. 62, No. 241 / Tuesday, December 16, 1997 / Notices

1AVR and SWP are Class III common carriers by

rail operating in the State of Pennsylvania.

2 In addition, Peterson, P. Larson, and D. Larson

commonly control the Camp Chase Industrial

Railroad Corporation (CCIR), a Class III common

carrier operating in the State of Ohio. No changes

in the ownership of CCIR are planned at this time.

3The stock of AVR is currently 50% owned by

Peterson and 50% owned by TMH.

4At that time, TMH would own 92.69% of the

stock of SWP, Peterson would own 3.67%, and P.

Larson and D. Larson would each own 1.82%.

admission to, and the procedures for

applying for, the Project. The agency

will soon publish in the Federal

Register additional information

clarifying the eligibility criteria and

application process. In the meantime, to

ensure that all eligible motor carriers

have an opportunity to submit the

information required by the notice of

final determination, the agency is

extending the application period to June

30, 1998.

The FHWA notes that this extension

of the deadline to submit applications

does not alter the eligibility criteria for

participating in the Project, or the

information that must be submitted.

Therefore, eligible motor carriers

interested in participating in the Project

must submit all of the information

specified in the notice of final

determination. If there are questions

about the eligibility criteria or the

application process, motor carriers

should contact one of the individuals

listed at the beginning of this notice.

Authority: 49 U.S.C. 31136, 31141, and

31502; 49 CFR 1.48.

Issued on: December 9, 1997.

Kenneth R. Wykle,

Administrator.

[FR Doc. 97–32737 Filed 12–15–97; 8:45 am]

BILLING CODE 4910–22–M

DEPARTMENT OF TRANSPORTATION

Federal Railroad Administration

[FRA Docket No. 87–2]

RIN 2130–AB20

Automatic Train Control and Advanced

Civil Speed Enforcement System;

Northeast Corridor Railroads;

Correction

AGENCY: Federal Railroad

Administration (FRA), Department of

Transportation (DOT).

ACTION: Correction.

SUMMARY: In proposed order document

97–30505 beginning on page 62097 in

the issue of November 20, 1997, make

the following corrections:

e. Missing transponder:

1. On page 62105 in the second

column in line 13, the maximum speed

for the North End should be changed to

read 110 mph.

2. On page 62105 in the second

column in line 14, the maximum speed

for the South End should be changed to

read 125 mph.

Dated: December 10, 1997.

S. Mark Lindsey,

Chief Counsel, Federal Railroad

Administration.

[FR Doc. 97–32772 Filed 12–15–97; 8:45 am]

BILLING CODE 4910–06–M

DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 33413]

Trimax Holdings, Inc.—Corporate

Family Transaction Exemption—

Allegheny Valley Railroad Company

and Southwest Pennsylvania Railroad

Company

Trimax Holdings, Inc. (TMH), a

noncarrier holding company, has filed a

verified notice of exemption for the

acquisition of control through stock

ownership of the Allegheny Valley

Railroad Company (AVR) and the

Southwest Pennsylvania Railroad

Company (SWP).1 TMH is wholly

owned and controlled by Russell A.

Peterson (Peterson), a noncarrier

individual. Prior to the transaction

covered by the exemption, AVR and

SWP were commonly controlled

through stock ownership by Peterson,

Philip C. Larson (P. Larson) and Dennis

E. Larson (D. Larson), also noncarrier

individuals.2 TMH has acquired all of

the outstanding stock of AVR that had

previously been owned by P. Larson and

D. Larson.3 Following the issuance of

stock to TMH by SWP’s board of

directors that is as anticipated to occur

in the near future, TMH will own

92.69% of the stock of SWP.4

The transaction was to be

consummated on or after the December

8, 1997 effective date of the exemption.

TMH’s acquisition of control of AVR

and SWP is intended to create operating

and management efficiencies for these

entities.

This is a transaction within a

corporate family of the type specifically

exempted from prior review and

approval under 49 CFR 1180.2(d)(3).

The parties state that the transaction

will not result in changes in service

levels, operational changes, or a change

in the competitive balance with carriers

outside the corporate family.

Under 49 U.S.C. 10502(g), the Board

may not use its exemption authority to

relieve a rail carrier of its statutory

obligation to protect the interests of its

employees. Section 11326(c), however,

does not provide for labor protection for

transactions under sections 11324 and

11325 that involve only Class III rail

carriers. Because this transaction

involves Class III rail carriers only, the

Board, under the statute, may not

impose labor protective conditions for

this transaction.

If the verified notice contains false or

misleading information, the exemption

is void ab initio. Petitions to reopen the

proceeding to revoke the exemption

under 49 U.S.C. 10502(d) may be filed

at any time. The filing of a petition to

reopen will not automatically stay the

transaction.

An original and 10 copies of all

pleadings, referring to STB Finance

Docket No. 33413, 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, a copy of each

pleading must be served on Kevin M.

Sheys, Esq., Oppenheimer Wolff &

Donnelly, 1020 Nineteenth Street, N.W.,

Suite 400, Washington, DC 20036.

Decided: December 9, 1997.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 97–32777 Filed 12–15–97; 8:45 am]

BILLING CODE 4915–00–P