|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|YOUNGSTOWN & SOUTHEASTERN RAILWAY COMPANY-LEASE AND OPERATION EXEMPTION-LINES OF EASTERN STATES RAILROAD, LLC|
|Notice Of Exemption|
|Director Of Proceedings|
|PROVIDED NOTICE THAT YOUNGSTOWN & SOUTHEASTERN RAILWAY COMPANY , A NONCARRIER, FILED A VERIFIED NOTICE OF EXEMPTION UNDER 49 CFR 1150.31 TO SUBLEASE FROM EASTERN STATES RAILROAD, LLC AND OPERATE THE PORTION OF THE 35.7-MILE LINE BETWEEN MILEPOST 35.7 IN DARLINGTON, PA, AND MILEPOST 0.0 IN YOUNGSTOWN, OH.|
| 10 KB|
|Approximate download time at 28.8 kb: 16 Seconds|
If you do not have Acrobat Reader, or if you have problems reading our files with your current version of Acrobat Reader, the latest version of Acrobat Reader is available free at www.adobe.com.
|Full Text of Decision|
37585 SERVICE DATE – DECEMBER 21, 2006
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34962]
& Southeastern Railway Company (Y&S), a noncarrier, has filed a
verified notice of exemption under 49 CFR 1150.31 to sublease from Eastern
States Railroad, LLC (ESR) and operate the portion of the 35.7-mile line
between milepost 35.7 in
This transaction is related to two concurrently filed verified notices of exemption: STB Finance Docket No. 34934, Eastern States Railroad, LLC–Acquisition Exemption–Central Columbiana & Pennsylvania Railway, Inc., and Columbiana County Port Authority, wherein ESR seeks to acquire the lease and operating rights of approximately 35.7 miles of rail line owned by CCPA, and to receive permanent assignment of CCPR’s and CCPA’s operating rights to approximately 3 miles of track east of milepost 0.0; and STB Finance Docket No. 34961, Indiana Boxcar Corporation–Continuance in Control Exemption–Youngstown & Southeastern Railway Company, wherein Indiana Boxcar Corporation seeks to continue in control of Y&S upon Y&S’s becoming a Class III carrier.
Y&S certifies that its projected annual revenue as a result of this transaction will not exceed $5 million. The transaction was scheduled to be consummated on or after November 29, 2006, the effective date of the exemption (7 days after the exemption was filed).
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 does not automatically stay the transaction.
original and 10 copies of all pleadings, referring to STB Finance Docket No. 34962,
must be filed with the Surface Transportation Board,
Board decisions and notices are available on its website at “WWW.STB.DOT.GOV.”
Decided: December 14, 2006.
By the Board, David M. Konschnik, Director, Office of Proceedings.