Glenwood and Southern Railroad CompanyAcquisition and Operation ExemptionArkansas Midland Railroad Company, Inc.

[Federal Register Volume 60, Number 115 (Thursday, June 15, 1995)]
[Notices]
[Page 31494]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-14688]



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INTERSTATE COMMERCE COMMISSION

[Finance Docket No. 32705]


Glenwood and Southern Railroad Company--Acquisition and Operation 
Exemption--Arkansas Midland Railroad Company, Inc.

    Glenwood and Southern Railroad Company (GSR) has filed a notice of 
exemption to acquire by lease (pending the exercise of its option to 
purchase) and to operate the northern segment of Arkansas Midland 
Railroad Company, Inc.'s (AMR) Norman Branch between milepost 430.0 
near Gurdon and milepost 479.2 at Birds Mill, AR. GSR also seeks 
limited overhead trackage rights over the southern segment of AMR's 
line between milepost 426.3 and milepost 430.0 to interchange with the 
Union Pacific Railroad Company at Gurdon.1 The portion of AMR's 
rail line to be leased is approximately 49.2 miles and the incidental 
trackage rights cover 3.7 miles, totaling 52.9 miles of rail line in 
Pike, Clark, and Montgomery Counties, AR.

    \1\This is GSR's second such filing. Its first was rejected by 
the Commission because of the pendency of a feeder line application 
filed by Caddo Antoine and Little Missiouri Railroad Company (CALM). 
In Caddo Antoine and Little Missouri Railroad Company--Feeder Line 
Acquisition--Arkansas Midland Railroad Company Line Between Gurdon 
and Birds Mill, AR, Finance Docket No. 32479 (ICC served Apr. 18, 
1995), the Commission approved CALM's feeder line application for 
the acquisition of AMR's northern segment of the Norman Branch. 
Acquisition of the southern segment was not approved. No effort has 
been made to consummate the transaction. A petition by CALM seeking 
judicial review of the Commission's decision is pending before the 
United States Court of Appeals for the Eighth Circuit.
    The northern segment is currently being operated by Dardanelle & 
Russellville Railroad Company (DRRC/CALM). By decision served May 
16, 1995, DRRC/CALM, pursuant to Commission Service Order No. 1516, 
was granted an extension of 30 days, until June 15, 1995, to 
continue its operation over the line. On May 31, 1995, CALM and 
various shippers filed a petition seeking a further extension of the 
service order. That request will be handled in a separate decision.
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    Consummation of the transaction was scheduled to take place on or 
after the May 24, 1995 effective date.
    Any comments must be filed with the Commission and served on: Fritz 
R. Kahn, Suite 750 West, 1100 New York Avenue, NW., Washington, DC 
20005-3934.
    This notice is filed under 49 CFR 1150.31. If the notice contains 
false or misleading information, the exemption is void ab initio. 
Petitions to revoke the exemption under 49 U.S.C. 10505(d) may be filed 
at any time.2 The filing of a petition to revoke will not 
automatically stay the transaction.

    \2\A petition to revoke the exemption notice was filed May 31, 
1995, by CALM and various shippers located on the Norman Branch. The 
revocation request will be handled in a separate decision.

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    Decided: June 9, 1995.

    By the Commission, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 95-14688 Filed 6-14-95; 8:45 am]
BILLING CODE 7035-01-P