[Federal Register: January 10, 2002 (Volume 67, Number 7)]
[Notices]               
[Page 1404]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr10ja02-98]                         


[[Page 1404]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Finance Docket No. 34158]

 
Steelton & Highspire Railroad Company LLC--Acquisition and 
Operation Exemption--Steelton & Highspire Railroad Company

    Steelton & Highspire Railroad Company LLC (Applicant), a 
noncarrier, has filed a verified notice of exemption under 49 CFR 
1150.31 to acquire from its corporate affiliate Steelton & Highspire 
Company (SH) \1\ and operate a 47-mile rail line in Dauphin County, 
PA.\2\
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    \1\ Both Applicant and SH are wholly owned subsidiaries of 
Bethlehem Steel Corporation.
    \2\ Applicant states that the rail line is composed of yard and 
switching tracks and does not have assigned mileposts.
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    The transaction was expected to be consummated as of January 1, 
2002. The earliest the transaction could have been consummated was 
December 26, 2001, the effective date of the exemption (7 days after 
the notice of exemption was filed).
    This transaction is related to Bethlehem Steel Corporation--
Corporate Family Transaction Exemption, STB Finance Docket No. 34142 
(STB served Jan. 10, 2002), through which SH is to be merged into 
Applicant. The separate existence of SH will cease and Applicant will 
be the surviving entity and continue the operations formerly provided 
by SH.
    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 revoke will not automatically stay the 
transaction.
    An original and 10 copies of all pleadings, referring to STB 
Finance Docket No. 34158, must be filed with the Surface Transportation 
Board, Office of the Secretary, Case Control Unit, 1925 K Street, NW., 
Washington, DC 20423-0001. In addition, a copy of each pleading must be 
served on Eric M. Hockey, Esq., Gollatz, Griffin & Ewing, P.C., 213 
West Miner Street, P.O. Box 796, West Chester, PA 19381-0796.
    Board decisions and notices are available on our Web site at 
www.stb.dot.gov.

    Decided: January 2, 2002.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 02-535 Filed 1-9-02; 8:45 am]
BILLING CODE 4915-00-P