North Carolina Ports Railway Commission d/b/a Beaufort & Morehead RailwayAcquisition and Operation ExemptionBeaufort & Morehead Railway, Inc.

[Federal Register Volume 64, Number 231 (Thursday, December 2, 1999)]
[Notices]
[Page 67619]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-31173]


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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board
[STB Finance Docket No. 33826]


North Carolina Ports Railway Commission d/b/a Beaufort & Morehead 
Railway--Acquisition and Operation Exemption--Beaufort & Morehead 
Railway, Inc.

    North Carolina Ports Railway Commission d/b/a Beaufort & Morehead 
Railway (NCPRC), a state agency which is a non-operating railroad, has 
filed a verified notice of exemption under 49 CFR 1150.41 to acquire 
the railroad franchise and business of Beaufort & Morehead Railway, 
Inc. (BMRI), an entity it already controls. BMRI will assign its lease 
of a line 1 of railroad extending from milepost 0.0 to 
milepost 0.87, a distance of .87 miles in Carteret County, NC, to 
NCPRC. BMRI will cease being a railroad, and NCPRC will become the 
operator of the line.
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    \1\ See Beaufort & Morehead Railway, Inc.--Lease and Operation 
Exemption--Beaufort & Morehead Railroad Company, Finance Docket No. 
31833 (ICC served Feb. 21, 1991).
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    The transaction is scheduled to be consummated on or after November 
26, 1999.
    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. 33826, 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 Fritz R. Kahn, Esq., 1100 New York Avenue, NW Suite 750 West, 
Washington, DC 20036.
    Board decisions and notices are available on our website at 
``WWW.STB.DOT.GOV.''

    Decided: November 24, 1999.

    By the Board, David M. Konschnik, Director, Office of 
Proceedings.
Vernon A. Williams,
Secretary.
[FR Doc. 99-31173 Filed 12-1-99; 8:45 am]
BILLING CODE 4915-00-P