Norfolk Southern Corp. – ‘3’ for 4/8/97 re: Conrail Inc.

As of:  Friday, 4/18/97   ·   For:  4/8/97   ·   Accession #:  950172-97-360   ·   File #:  1-12184

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Initial Statement of Beneficial Ownership of Securities by an Insider   —   Form 3   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 3           Initial Statement of Beneficial Ownership of           3±    12K 
                Securities by an Insider                                         


FORM 3                                                                  
U.S. SECURITIES AND EXCHANGE COMMISSION       _____________________ 
        WASHINGTON, D.C.  20549              |    OMB APPROVAL     |
         INITIAL STATEMENT OF                |_____________________|
  BENEFICIAL OWNERSHIP OF SECURITIES         |OMB NUMBER: 3235-0104|
                                             |EXPIRES:             |
                                             | SEPTEMBER 30, 1998  |
Filed pursuant to Section 16(a) of the         |ESTIMATED AVERAGE    |  
Securities Exchange Act of 1934,             |BURDEN HOURS         |
Section 17(a) of the Public Utility           |PER RESPONSE 0.5     | 
 Holding Company Act of 1935                 |_____________________|
or Section 30(f) of the Investment                                      
Company Act of 1940                                       
______________________________________________________________________    
1. Name and Address of Reporting Person                                   
Norfolk Southern Corporation  
______________________________________________________________________    
(Last)                      (First)                    (Middle)       
Three Commercial Place  
______________________________________________________________________    
(Street)        
Norfolk                     Virginia                 23510-9240       
________________________________________________________________________      
(City)                      (State)                      (Zip)        

______________________________________________________________________    
2. Date of Event Requiring Statement (Month/Day/Year)                     
4/8/97                                                            
______________________________________________________________________    
3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY)          
52-1188014                                                          
______________________________________________________________________    
4. Issuer Name and Ticker or Trading Symbol                               
Conrail Inc. (CRR)                                                  
______________________________________________________________________    
5. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE)   
(  ) DIRECTOR                                                       
( x) 10% OWNER                                                      
(  ) OFFICER (GIVE TITLE BELOW)                                     
(  ) OTHER (SPECIFY TITLE BELOW)                                    
_____________________________________                               
______________________________________________________________________    
6. IF AMENDMENT, DATE OF ORIGINAL (MONTH/DAY/YEAR)                        

______________________________________________________________________    
7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE)               
x FORM FILED BY ONE REPORTING PERSON                                
___FORM FILED BY MORE THAN ONE REPORTING PERSON                       

                                                                [Download Table]


============================================================================ 
TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED                       
____________________________________________________________________________ 
                                                                             
|1. TITLE OF SECURITY|2. AMOUNT OF   |3. OWNERSHIP  |4. NATURE OF INDIRECT  |
|   (INSTR. 4)       |   SECURITIES  |   FORM DIRECT|   BENEFICIAL OWNERSHIP|
|                    |   BENEFICIALLY|   DIRECT (D) |   (INSTR. 5)          |
|                    |   OWNED       |   OR INDIRECT|                       |
|                    |   (INSTR. 4)  |   (I) (INSTR.|                       |
|                    |               |   5)         |                       |
|____________________|_______________|______________|_______________________|

Common Stock             8,200,100           I        8,200,000 shares by    
                                                      Atlantic Acquisition   
                                                      Corporation (held      
                                                      pursuant to a voting   
                                                      trust agreement        
                                                      dated as of February   
                                                      10, 1997) and 100      
                                                      shares by Atlantic     
                                                      Investment Company,    
                                                      each of which is a     
                                                      wholly owned           
                                                      subsidiary of          
                                                      Norfolk Southern       
                                                      Corporation.           

Common Stock             17,775,124          I        By CSX Corporation (1) 


=======================================================================   
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED                       
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)        
_______________________________________________________________________   
1. Title of Derivative Security (Instr. 4)                                

_______________________________________________________________________   
2. Date Exercisable and Expiration Date (Month/Day/Year)                  
________________________                  _________________________       
Date Exercisable                          Expiration Date         
_______________________________________________________________________   
3. Title and Amount of Securities Underlying Derivative Security          
(Instr. 4)                                                          
________________________________        _______________________________   
    Title                         Amount of Number of Shares
_______________________________________________________________________   
4. Conversion or Exercise Price of Derivative Security                    

_______________________________________________________________________   
5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)        
(Instr. 5)                                                          

_______________________________________________________________________   
6. Nature of Indirect Beneficial Ownership (Instr. 5)                     

=======================================================================   
EXPLANATION OF RESPONSES:                                                     

(1) Norfolk Southern Corporation ("NSC") and CSX Corporation ("CSX")      
have entered into an agreement dated April 8, 1997 (the "Agreement")      
pursuant to which NSC and CSX have agreed to jointly acquire Conrail      
Inc. ("CRR") through a newly formed entity to be owned by NSC and CSX     
("Acquisition Sub"). Each of NSC and CSX will have equal                  
decision-making authority with respect to matters relating to             
Acquisition Sub and its subsidiaries. Pursuant to the Agreement, NSC      
has agreed to cause 8,200,000 shares of CRR common stock to be            
contributed to Acquisition Sub and CSX has agreed to cause 17,775,124     
shares of CRR common stock to be contributed to Acquisition Sub.          
Accordingly, NSC may indirectly be deemed to beneficially own the         
17,775,124 common shares beneficially owned by CSX by reason of the       
Agreement                                                                 

/s/ DEZORA M. MARTIN                                4/18/97                   
**  SIGNATURE OF REPORTING PERSON                     DATE                    
Dezora M. Martin                                                        
Corporate Secretary                                                     
_____________________________                                             

**  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL        
CRIMINAL VIOLATIONS.                                                  
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A).                             

NOTE:  FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED.  
IF SPACE PROVIDED IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE            

POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION         
CONTAINED IN THIS FORM ARE NOR REQUIRED TO RESPOND UNLESS THE FORM            
DISPLAYS A CURRENTLY VALID OMB NUMBER.                                        
==========================================================================    

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘3’ Filing		Date		Other Filings
		9/30/98		10-Q
Filed on:		4/18/97
For Period end:		4/8/97		8-K
		2/10/97		SC 13G/A
				List all Filings