[Federal Register Volume 61, Number 110 (Thursday, June 6, 1996)]
[Notices]
[Pages 28924-28925]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-14296]



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DEPARTMENT OF TRANSPORTATION
    \1\ The ICC Termination Act of 1995, Pub. L. No. 104-88, 109 
Stat. 803, which was enacted on December 29, 1995, and took effect 
on January 1, 1996, abolished the Interstate Commerce Commission and 
transferred certain functions to the Surface Transportation Board 
(Board). This notice relates to functions that are subject to Board 
jurisdiction pursuant to 49 U.S.C. 11323-24.

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[[Page 28925]]

[STB Finance Docket No. 32961]


Norfolk and Western Railway Company; Trackage Rights Exemption; 
Norfolk Southern Railway Company

    Norfolk Southern Railway Company (NSR) will agree to grant overhead 
trackage rights to Norfolk and Western Railway Company (NW).<SUP>2 NSR 
will grant NW overhead trackage rights between milepost K-27.4 at North 
Winston, NC, and milepost K-0.0 at Pomona, NC, and between milepost 
286.8 at Pomona, NC, and milepost 284.4 at Elm (Greensboro), NC, a 
total distance of approximately 29.8 miles.
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    \2\ NW is a Class I railroad and a wholly owned subsidiary of 
NSR. NSR is a Class I railroad, which is controlled through stock 
ownership by Norfolk Southern Corporation, a holding company.
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    The transaction was scheduled to be consummated on or after May 24, 
1996.
    The purpose of the trackage rights is to provide more efficient 
service with less internal terminal handling of traffic between those 
points.
    As a condition to this exemption, any employees affected by the 
trackage rights will be protected by the conditions imposed in Norfolk 
and Western Ry. Co.--Trackage Rights--BN, 354 I.C.C. 605 (1978), as 
modified in Mendocino Coast Ry., Inc.--Lease and Operate, 360 I.C.C. 
653 (1980).
    This notice is filed under 49 CFR 1180.2(d)(7).<SUP>3 If it 
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.
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    \3\ In addition, this transaction is one that is within a 
corporate family and is exempt under 49 CFR 1180.2(d)(3) as well.
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    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 32961, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Branch, 1201 Constitution 
Avenue, N.W., Washington, DC 20423. In addition, a copy of each 
pleading must be served on James R. Paschall, General Attorney, Norfolk 
Southern Corporation, Three Commercial Place, Norfolk, VA 23510-2191.

    Decided: May 30, 1996.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 96-14296 Filed 6-5-96; 8:45 am]
BILLING CODE 4915-00-P