Federal Register, Volume 59 Issue 208 (Friday, October 28, 1994)

[Federal Register Volume 59, Number 208 (Friday, October 28, 1994)]
[Unknown Section]
[Page ]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-26780]


[Federal Register: October 28, 1994]


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INTERSTATE COMMERCE COMMISSION
[Finance Docket No. 32594]


Pioneer Railcorp--Continuance in Control Exemption--Vandalia 
Railroad Company

    Pioneer Railcorp (Pioneer), a noncarrier holding company, has filed 
a notice of exemption to acquire control, through stock purchase, of 
Vandalia Railroad Company, a class III rail carrier that leases and 
operates a former Illinois Central Gulf Railroad line, between milepost 
689.83 and milepost 692.54, a distance of 2.71 miles, in Vandalia, 
Fayette County, IL.
    Pioneer owns and controls six other nonconnecting class III rail 
carriers: West Jersey Railroad Co., operating in New Jersey; Fort Smith 
Railroad Co., operating in Arkansas; Alabama Railroad Co., operating in 
Alabama; Mississippi Central Railroad Co. (formerly Natchez Trace 
Railroad), operating in Mississippi and Tennessee; Alabama & Florida 
Railway Co., operating in Alabama; and Decatur Junction Railway Co., 
operating in Illinois.^{1
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    \1\ Pioneer's control of these carriers was the subject of a 
notice of exemption in Pioneer Railcorp.--Continuance in Control 
Exemption--Decatur Terminal Railway Co., Finance Docket No. 32367 
(ICC served Oct. 18, 1993). (That decision incorrectly referred to 
Decatur Junction Railway Co. as Decatur Terminal Railway Co.)
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    Pioneer states that: (1) the properties operated by these carriers 
do not connect each other; (2) the continuance in control is not a part 
of a series of anticipated transactions that would connect the 
railroads with each other or any other railroad in their corporate 
family; and (3) the transaction does not involve a class I carrier. The 
transaction therefore is exempt from the prior approval requirements of 
49 U.S.C. 11343. See 49 CFR 1180.2(d)(2).
    As a condition to use of this exemption, any employees affected by 
the transaction will be protected by the conditions set forth in New 
York Dock Ry.--Control--Brooklyn Eastern Dist., 360 I.C.C. 60 (1979).
    Petitions to revoke the exemption under 49 U.S.C. 10505(d) may be 
filed at any time. The filing of a petition to revoke will not 
automatically stay the transaction. Pleadings must be filed with the 
Commission and served on: Donald G. Avery, Slover & Loftus, 1224 
Seventeenth Street NW., Washington, DC 20036.

    Decided: October 21, 1994.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.

Vernon A. Williams,
Acting Secretary.
[FR Doc. 94-26780 Filed 10-27-94; 8:45 am]
BILLING CODE 7035-01-P}