|SURFACE TRANSPORTATION BOARD DECISION DOCUMENT|
|WISCONSIN & SOUTHERN RAILROAD CO.--ACQUISITION EXEMPTION--SOO LINE RAILROAD COMPANY D/B/A CANADIAN PACIFIC RAILWAY|
|Director Of Proceedings|
|NOTICE THAT WISCONSIN & SOUTHERN RAILROAD CO. WILL ACQUIRE APPROXIMATELY 32.5 MILES OF RAIL LINE KNOWN AS THE WATERLOO SPUR, IN MADISON, WI.|
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|Full Text of Decision|
33317 SERVICE DATE – JANUARY 17, 2003
DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Finance Docket No. 34285]
Wisconsin & Southern Railroad Co.–Acquisition Exemption–Soo Line Railroad Company d/b/a Canadian Pacific Railway
Wisconsin & Southern Railroad Co. (WSOR), a Class III rail carrier, has filed a verified notice of exemption under 49 CFR 1150.41 to acquire from Soo Line Railroad Company d/b/a Canadian Pacific Railway approximately 32.5 miles of rail line known as the Waterloo Spur, extending between milepost 132.11 at Watertown, WI, and milepost 164.61 in Madison, WI. WSOR states that it has been leasing and operating the line since 1998, and that the sole purpose of this transaction will merely be to convert its leasehold interest into an ownership interest, with no adverse effects on railroad employees.
WSOR certifies that its projected revenues as a result of this transaction will not result in the creation of a Class II or Class I rail carrier.
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.
An original and 10 copies of all pleadings, referring to STB Finance Docket No. 34285, must be filed with the Surface Transportation Board, 1925 K Street, N.W., Washington, DC 20423-0001. In addition, a copy of each pleading must be served on John D. Heffner, 555 12th Street, N.W., Suite 950N, Washington, DC 20004.
Board decisions and notices are available on our website at “WWW.STB.DOT.GOV.”
Decided: January 13, 2003.
By the Board, David M. Konschnik, Director, Office of Proceedings.
Vernon A. Williams