Federal Register / Vol. 61, No. 121 / Friday, June 21, 1996 / Notices 32027

1The 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.

2RailTex is acquiring all of the issued and

outstanding capital stock of I&O.

3The Indiana Southern Railroad, Inc. operates in

the State of Indiana but does not connect with the

I&O Rail System.

approval requirements of 49 U.S.C.

11323–25.

This proceeding is related to Richard

J. Corman—Control Exemption—

Clearfield & Mahoning Railway

Company, STB Finance Docket No.

32854, where a concurrently filed

petition for exemption to acquire a

controlling stock interest in C&M is also

being granted.

DATES: This exemption will be effective

July 21, 1996. Petitions to stay must be

filed by July 8, 1996. Petitions to reopen

must be filed by July 16, 1996.

ADDRESSES: Send pleadings referring to

STB Finance Docket No. 32861 to: (1)

Surface Transportation Board, Office of

the Secretary, Case Control Branch,

1201 Constitution Ave., NW.,

Washington, DC 20423, and (2)

Petitioner’s representative: Kevin M.

Sheys, Oppenheimer Wolff & Donnelly,

1020 19th St., NW., Suite 400,

Washington, DC 20036.

FOR FURTHER INFORMATION CONTACT:

Beryl Gordon, (202) 927–5660. [TDD for

the hearing impaired: (202) 927–5721.]

SUPPLEMENTARY INFORMATION:

Additional information is contained in

the Board’s decision. To purchase a

copy of the full decision, write to, call,

or pick up in person from: DC News &

Data, Inc., Room 2229, 1201

Constitution Ave., NW., Washington,

DC 20423. Telephone: (202) 289–4357/

4359. [Assistance for the hearing

impaired is available through TDD

services (202) 927–5721.]

Decided: June 6, 1996.

By the Board, Chairman Morgan, Vice

Chairman Simmons, and Commissioner

Owen.

Vernon A. Williams,

Secretary.

[FR Doc. 96–15897 Filed 6–20–96; 8:45 am]

BILLING CODE 4915–00–P

Surface Transportation Board1

[STB Finance Docket No. 32975]

RailTex, Inc.; Control Exemption;

Indiana & Ohio Rail Corp.

RailTex, Inc. (RailTex), a noncarrier

holding company, has filed a notice of

exemption to acquire control through

stock ownership of Indiana & Ohio Rail

Corp. (I&O), a noncarrier holding

company.2 I&O controls four separate

Class III railroads as follows: Cincinnati

Terminal Railway Company; Indiana

and Ohio Railroad, Inc.; Indiana & Ohio

Railway Company; and Indiana & Ohio

Central Railroad, Inc. These four I&O

rail carrier subsidiaries are separate

corporate entities comprising a single

rail system operating in the States of

Indiana and Ohio as the Indiana & Ohio

Rail System (I&O Rail System).

The exemption became effective, and

it was reported in a letter filed in The

Indiana & Ohio Rail Passenger

Corporation—Acquisition by Trackage

Rights and Operation Exemption—

Cincinnati Terminal Railway Corp.,

Indiana and Ohio Railroad Company,

Indiana & Ohio Railway Company, Inc.,

and Indiana & Ohio Central Railroad

Company, Inc., STB Finance Docket No.

32976 (STB served June 21, 1996), that

the transaction was consummated, on

June 4, 1996.

RailTex controls 16 existing Class III

railroad subsidiaries: San Diego &

Imperial Valley Railroad Company, Inc.,

operating in California; North Carolina

& Virginia Railroad Company, Inc.

(including Virginia Southern Division),

operating in North Carolina and

Virginia; South Carolina Central

Railroad Company, Inc. (including

Carolina Piedmont Division), operating

in South Carolina; Mid-Michigan

Railroad, Inc. (including Northeast

Kansas & Missouri Division and Texas

Northeastern Division) operating in

Texas, Kansas, Missouri and Michigan.

Chesapeake & Albemarle Railroad

Company, Inc., operating in Virginia

and North Carolina; Michigan Shore

Railroad Company, Inc., operating in

Michigan; New Orleans Lower Coast

Railroad Company, Inc., operating in

Louisiana; Dallas, Garland &

Northeastern Railroad, Inc., operating in

Texas; Indiana Southern Railroad, Inc.,

operating in Indiana; 3 Missouri &

Northern Arkansas Railroad Company,

Inc., operating in Kansas, Missouri and

Arkansas; Salt Lake City Southern

Railroad Company, Inc., operating in

Utah; Grand Rapids Eastern Railroad,

Inc., operating in Michigan; Central

Oregon & Pacific Railroad, Inc.,

operating in Oregon and California; New

England Central Railroad, Inc.,

operating in Vermont, New Hampshire,

Massachusetts, and Connecticut;

Georgia Southwestern Railroad, Inc.

(including Georgia & Alabama Division

and Georgia Southwestern Division),

operating in Alabama and Georgia; and

Austin & Northwestern Railroad

Company, Inc. (including Texas-New

Mexico Division), operating in Texas

and New Mexico.

RailTex states that: (i) the I&O Rail

System will not connect with any

railroad in the RailTex corporate family;

(ii) the acquisition of control is not part

of a series of anticipated transactions

that would connect the I&O Rail System

with any railroad in the RailTex

corporate family; and (iii) the

transaction does not involve a Class I

carrier. Therefore, the transaction is

exempt from the prior approval

requirements of 49 U.S.C. 11323. See 49

CFR 1180.2(d)(2).

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 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. 32975, 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

Karl Morell, Ball, Janik & Novack, 1455

F Street, N.W., Suite 225, Washington,

DC 20005.

Decided: June 14, 1996.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 96–15893 Filed 6–20–96; 8:45 am]

BILLING CODE 4915–00–P
32028 Federal Register / Vol. 61, No. 121 / Friday, June 21, 1996 / Notices

1The 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 the Board’s

jurisdiction pursuant to 49 U.S.C. 10903.

2The Board will grant a stay if an informed

decision on environmental issues (whether raised

by a party or by the Board’s Section of

Environmental Analysis in its independent

investigation) cannot be made before the

exemption’s effective date. See Exemption of Outof-Service Rail Lines, 5 I.C.C.2d 377 (1989). Any

request for a stay should be filed as soon as possible

so that the Board may take appropriate action before

the exemption’s effective date.

3See Exempt. of Rail Abandonment—Offers of

Finan. Assist., 4 I.C.C.2d 164 (1987).

4The Board will accept late-filed trail use

requests so long as the abandonment has not been

consummated and the abandoning railroad is

willing to negotiate an agreement.

Surface Transportation Board1

[STB Docket No. AB–55 (Sub-No. 527X)]

CSX Transportation, Inc.;

Abandonment Exemption; in

Bradenton, Manatee County, FL

CSX Transportation, Inc. (CSXT) has

filed a notice of exemption under 49

CFR part 1152 subpart F—Exempt

Abandonments to abandon

approximately 0.62 miles of its line of

railroad between milepost SW–872.07

and milepost SW–872.69, in Bradenton,

Manatee County, FL.

CSXT has certified that: (1) No local

traffic has moved over the line for at

least 2 years; (2) there is no overhead

traffic on the line; (3) no formal

complaint filed by a user of rail service

on the line (or by a state or local

government entity acting on behalf of

such user) regarding cessation of service

over the line either is pending with the

Board or with any U.S. District Court or

has been decided in favor of

complainant within the 2-year period;

and (4) the requirements at 49 CFR

1105.7 (environmental reports), 49 CFR

1105.8 (historic reports), 49 CFR

1105.11 (transmittal letter), 49 CFR

1105.12 (newspaper publication), and

49 CFR 1152.50(d)(1) (notice to

governmental agencies) have been met.

As a condition to use of this

exemption, any employee adversely

affected by the abandonment shall be

protected under Oregon Short Line R.

Co.—Abandonment—Goshen, 360 I.C.C.

91 (1979). To address whether this

condition adequately protects affected

employees, a petition for partial

revocation under 49 U.S.C. 10502(d)

must be filed.

Provided no formal expression of

intent to file an offer of financial

assistance (OFA) has been received, this

exemption will be effective on July 21,

1996, unless stayed pending

reconsideration. Petitions to stay that do

not involve environmental issues,2

formal expressions of intent to file an

OFA under 49 CFR 1152.27(c)(2),3 and

trail use/rail banking requests under 49

CFR 1152.29 4 must be filed by July 1,

1996. Petitions to reopen or requests for

public use conditions under 49 CFR

1152.28 must be filed by July 11, 1996,

with: Office of the Secretary, Case

Control Branch, Surface Transportation

Board, 1201 Constitution Avenue, N.W.,

Washington, DC 20423.

A copy of any petition filed with the

Board should be sent to applicant’s

representative: Charles M. Rosenberger,

Senior Counsel, CSX Transportation,

Inc., 500 Water Street J150, Jacksonville,

FL 32202.

If the verified notice contains false or

misleading information, the exemption

is void ab initio.

CSXT has filed an environmental

report which addresses the

abandonment’s effects, if any, on the

environment and historic resources. The

Section of Environmental Analysis

(SEA) will issue an environmental

assessment (EA) by June 26, 1996.

Interested persons may obtain a copy of

the EA by writing to SEA (Room 3219,

Surface Transportation Board,

Washington, DC 20423) or by calling

Elaine Kaiser, Chief of SEA, at (202)

927–6248. Comments on environmental

and historic preservation matters must

be filed within 15 days after the EA

becomes available to the public.

Environmental, historic preservation,

public use, or trail use/rail banking

conditions will be imposed, where

appropriate, in a subsequent decision.

Decided: June 17, 1996.

By the Board, David M. Konschnik,

Director, Office of Proceedings.

Vernon A. Williams,

Secretary.

[FR Doc. 96–15891 Filed 6–20–96; 8:45 am]

BILLING CODE 4915–00–P

DEPARTMENT OF THE TREASURY

Submission for OMB Review;

Comment Request

June 10, 1996.

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the

Treasury, Room 2110, 1425 New York

Avenue, NW., Washington, DC 20220.

Departmental Office/Office of

International Financial Analysis

OMB Number: 1505–0001

Form Number: Treasury International

Capital (TIC) Form S.

Type of Review: Extension

Title: Purchase and Sales of Long-Term

Securities by Foreigners

Description: Form S is required by law

and is designed to collect timely

information on international portfolio

capital movements, including

foreigners’ purchases and sales of

long-term securities in transactions

with U.S. persons. This information is

necessary for compiling the U.S.

balance of payments, for calculating

the U.S. international investment

position, and for formulating U.S.

financial and monetary policies.

Respondents: Business or other forprofit

Estimated Number of Respondents: 475

Estimated Burden Hours Per Response:

5 hours

Frequency of Response: Monthly

Estimated Total Reporting Burden:

28,500 hours

Clearance Officer: Lois K. Holland (202)

622–1563, Departmental Offices,

Room 2110, 1425 New York Avenue,

N.W., Washington, DC 20220

OMB Reviewer: Milo Sunderhauf (202)

395–7340, Office of Management and

Budget, Room 10226, New Executive

Office Building, Washington, DC

20503.

Lois K. Holland,

Departmental Reports Management Officer.

[FR Doc. 96–15807 Filed 6–20–96; 8:45 am]

BILLING CODE 4810–25–P

Submission for OMB Review;

Comment Request

June 14, 1996

The Department of Treasury has

submitted the following public

information collection requirement(s) to

OMB for review and clearance under the

Paperwork Reduction Act of 1995,

Public Law 104–13. Copies of the

submission(s) may be obtained by

calling the Treasury Bureau Clearance

Officer listed. Comments regarding this

information collection should be

addressed to the OMB reviewer listed

and to the Treasury Department

Clearance Officer, Department of the