Dear Sir:

           Receipt is acknowledged of your letter of April 23rd, referring to Finance Docket No. 14688, Yosemite Valley Railway Company Trustee Abandonment, is which case a hearing has been held, an examiner's report served recommending that abandonment be permitted, and exceptions thereto filed by the National Lead Company, the Petroleum War Administration, and the War Production Board. Time for filing answers to the exceptions expires May 21.

           It is noted that you propose to organize a new corporation to take over the properties and to continue their operation. You request to be advised of the procedure necessary to present your interest in the case.

           In view of the present status of the proceeding, if you desire to participate in the case a petition for leave to intervene should be filed, setting forth the purpose of the intervention and showing good cause why you did not appear in the case prior to or at the hearing. See Rule 72 of the Commission's Rules of Practice. If the purpose of the intervention will be to request the Commission to impose a condition in its certificate, it issued, that the line shall be sold to any responsible person, firm, or corporation offering to purchase the same for continued operation and willing to pay not less than the net salvage value thereof, no doubt the Commission would desire, information as to the ability, and plan, of the proposed purchaser to finance the transaction.

CC-
Mr. W. L. Heater, Manager, Baroid Sale Division, National Lead Co.,
           830 Ducommun, Los Angeles 12, California
Mr. Frankhouser, Railroad Commission of California,
          San Francisco, California
Mr. L. A. Foster, General Manager, Yosemite Valley Railway,
          Merced, California.