Tennessee Railroad Holdings, LLC-Acquisition Exemption-Sequatchie Valley Railroad, Inc.

• Citation: 84 FR 9198
• Published date: 13 March 2019
• FR Document: 2019-04614
• Pages: 9198-9198
• Section: Notices
• Issuer: Surface Transportation Board

Federal Register, Volume 84 Issue 49 (Wednesday, March 13, 2019)

[Federal Register Volume 84, Number 49 (Wednesday, March 13, 2019)]
                [Notices]
                [Page 9198]
                From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
                [FR Doc No: 2019-04614]
                =======================================================================
                -----------------------------------------------------------------------
                SURFACE TRANSPORTATION BOARD
                [Docket No. FD 36269]
                Tennessee Railroad Holdings, LLC--Acquisition Exemption--
                Sequatchie Valley Railroad, Inc.
                 Tennessee Railroad Holdings, LLC (TRH), a noncarrier, has filed a
                verified notice of exemption under 49 CFR 1150.31 to acquire from
                Sequatchie Valley Railroad, Inc. (SQVR), approximately 11.77 miles of
                rail line that extends between milepost 0.0, a point of connection to
                CSX Transportation, Inc., at or near Bridgeport, Jackson County, Ala.,
                and milepost 11.77, the end of track at or near Jaspar, Marion County,
                Tenn. (the Line).
                 The transaction is related to a concurrently filed verified notice
                of exemption in Gregory B. Cundiff Trust--Continuance in Control
                Exemption--Tennessee Railroad Holdings, Inc., Sequatchie Valley
                Switching Co., LLC, & Walking Horse Railroad, LLC, Docket No. FD 36272,
                in which the Gregory B. Cundiff Trust, the Connie Cundiff Trust, CGX,
                Inc., and Ironhorse Resources, Inc., seek to continue in control of TRH
                upon TRH's becoming a Class III rail carrier.
                 TRH certifies that its projected annual revenues as a result of
                this transaction will not exceed those that would qualify it as a Class
                III rail carrier and will not exceed $5 million. TRH further certifies
                that its acquisition of the Line does not involve any provision or
                agreement that would limit future interchange.
                 The transaction may be consummated on or after March 27, 2019, the
                effective date of the exemption (30 days after the verified notice was
                filed).
                 If the verified 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 will not automatically stay the effectiveness of the
                exemption. Petitions to stay must be filed no later than March 20, 2019
                (at least seven days before the exemption becomes effective).
                 An original and 10 copies of all pleadings, referring to Docket No.
                FD 36269, must be filed with the Surface Transportation Board, 395 E
                Street SW, Washington, DC 20423-0001. In addition, a copy of each
                pleading must be served on Thomas F. McFarland: Thomas F. McFarland,
                P.C., 208 South LaSalle Street, Suite 1666, Chicago, IL 60604-1228.
                 Board decisions and notices are available at www.stb.gov.
                 Decided: March 8, 2019.
                 By the Board, Allison C. Davis, Acting Director, Office of
                Proceedings.
                Jeffrey Herzig,
                Clearance Clerk.
                [FR Doc. 2019-04614 Filed 3-12-19; 8:45 am]
                 BILLING CODE 4915-01-P