The Virginian-Pilot
                             THE VIRGINIAN-PILOT 
              Copyright (c) 1995, Landmark Communications, Inc.

DATE: Tuesday, August 15, 1995               TAG: 9508150316
SECTION: BUSINESS                 PAGE: D2   EDITION: FINAL 
TYPE: Digest 
                                             LENGTH: Short :   19 lines

N.C. RAILROAD EXTENDS NORFOLK SOUTHERN LEASE

North Carolina Railroad Co. has approved a lease extension that would give Norfolk Southern use of N.C. Railroad's 317 miles of right-of-way between Charlotte and Morehead.

The agreement must now be approved by the board of Norfolk-based Norfolk Southern, which is expected to consider the document later this month. (AP) by CNB