The valley of the
River Culm was an attractive, but remote and declining area in the early nineteenth century, containing the villages of
Uffculme,
Culmstock and
Hemyock. The
Bristol and Exeter Railway (B&ER) opened its main line in 1844 with a station at Tiverton Road (later Tiverton Junction), and local people observed the improvements in the local economy of places effectively served by the railway, and the decline of places that were by-passed. The small communities in the Culm Valley fell into the latter category. An engineer, Arthur Cadlick Pain, born 1844, had become interested in the concept of a low-cost railway on his return from working overseas, following the enactment of the
Railway Construction Facilities Act 1864, which authorised railway construction without the necessity of an act of Parliament if no affected landowner objected. The
Regulation of Railways Act 1868 (
31 & 32 Vict. c. 119) authorised the construction of a
light railway—the first use of the term—subject to conditions that might be imposed by the
Board of Trade. He discussed the idea of a light railway with Henry S. Ellis, a director of the B&ER; Pain suggested a low-cost line as a steam—or possibly horse operated—tramway running in or alongside the roadway, to serve the Culm Valley settlements. There were to be no stations, but the train would simply stop at road crossings. Such a line might be narrow gauge if the business was expected to be light; and by securing the enthusiasm of local people for the improvement of the district, land acquisition costs might be low. The line would be on the standard gauge. A public meeting was held at Uffculme on 15 May 1872 and the idea was received with enthusiasm, and on 19 June at another meeting he reported that he had prepared plans and a prospectus. There was some discussion about the location of the Hemyock terminus, in case extension to the
London and South Western Railway (LSWR) were later required: Honiton is about ten miles away, but over challenging terrain. There were two objections to the scheme among many positive opinions. The Railway Construction Facilities Act 1864 authorised construction of a light railway provided that no affected landowner objected to the scheme, but here there were two; the provisional directors decided to apply for an act of Parliament for their line, although that would incur considerable expense, in order to get compulsory acquisition of land. (The objectors soon withdrew their objection, but notice of the fact was received too late to avoid the parliamentary process.
The act of Parliament Pain was invited to explain his idea at a board meeting of the B&ER later that month. The B&ER were supportive, and agreed to work the line, but they required a number of conditions that had not been expected: there must be proper station accommodation for passengers, with platforms, and for goods, with covered loading accommodation; bridges at the Turnpike road were to be of stone or brick, not timber; and a much improved track specification was required, with 15 inches of ballast. However, they agreed to work the line for 50% of receipts, and they would contribute £105 towards the expenses of obtaining the act of Parliament. They might agree to buy the line later for a small premium, but the line was not to be extended (presumably towards the LSWR) without their agreement. Pain managed to persuade the Board of Trade to relax its customary dislike of level crossings, provided the train speed was limited to 16 mph. The bill was presented to Parliament, and it passed, gaining its act of Parliament, the ''''
(36 & 37 Vict. c. xxv), on 15 May 1873. The Culm Valley Light Railway'' was now incorporated, with a capital of £25,000.
Construction The next stage was to obtain the money for the construction. A share prospectus was issued on 25 September 1873, stating that "The works being so unusually light, the Railway will be opened in about six months after it is commenced". Moreover, "It is nearly sure to prove a safe investment for capital at a rate of interest of between five and six per cent." Pain was quoted as saying: I might safely say that if people living in the locality do not look sharp, they will get no shares at all. The capital is small and there are many gentlemen of influence around willing to take shares ... I know of no line which has been received with so much public approval. In the event about a third of the subscribed capital was local. The B&ER subscribed £4,000. Invitations to tender for the construction were soon issued, in ten separate sections, the intention being to enable small local contractors to participate; in the event that expectation was little justified. Contracts were not to be let until all the capital had been subscribed, but that too was soon abandoned. D. A. Jardine of Hawarden in North Wales was awarded most of the heavy contracts for the earthworks and track laying. The total of awarded tenders came to £18,497 10s 7d. The B&ER, evidently believing the claim about a six months' construction period, quickly set about constructing locomotives and rolling stock to operate the line. By September 1874, Pain was obliged to report that progress on construction had been consistently slow, and Jardine was warned that if this was not quickly accelerated, his contract would be terminated. He failed to act as required, and the work was transferred to Richard Broome. He needed the services of a locomotive to assist with the construction work, and one was hired in from Henry Hind & Son of Nottingham, but this proved catastrophically unreliable. Broome was informed on 24 April 1875 that the company was running out of money; unpaid calls amounted to £1,212—about 5%. The company, and not Broome, had been paying the locomotive hire charges and it is likely that they had taken responsibility for a number of other costs not properly specified in Pain's contract arrangements. The financial crisis could be averted, they felt, if the line could soon be opened, on 17 July. Inspections showed that the line was far from ready, and a desperate plea was made to the B&ER to purchase the uncompleted line from the Company at once; the B&ER declined.
Colonel Yolland of the Board of Trade was asked to make a formal inspection of the line with a view to opening, and he visited on 14 July. He found many areas of dissatisfaction and refused authority to open. compared with the estimated cost of £22,500. Expenditure on infrastructure had been £42,903, and the cost overrun was attributed by the board to the increased cost of rails, the failure of the contractor to complete the works, necessitating the company to execute some of the works directly, and the increased cost of purchasing land. The shareholders had received 5½% of their investment back. ==In Great Western ownership==