The two branches cost £263,459 to build, of which £5,100 was lent by the
Great Western Railway (GWR). The company was bought by the GWR on 1 July 1897. Debenture shares were bought for £62 10s per £100 share and ordinary £100 shares for £2.
Titley Junction – Eardisley When the
Hay Tramway was authorised for conversion to a
railway in 1859, it was decided that its extension, the Kington Tramway, would also need to be converted. The tramway shares were bought for £45 for each £100 share by an agreement dated 19 December 1861. The '''''' (
25 & 26 Vict. c. lxvii) received
royal assent on 30 June 1862, authorising the company to raise £100,000, buy and convert the Kington Tramway to
standard gauge and build a link from Lyonshall to Marston, which was never built.
Thomas Savin, the railway contractor, backed the scheme, though his £16,000 of shares were sold when he went bankrupt in January 1866. Running powers over the Leominster and Kington Railway from Kington to Titley Junction were agreed on 14 April 1868. The line opened on 3 August 1874.
Kington - New Radnor After the Leominster and Kington Railway opened to Kington in 1857, most of the lime traffic from Burlinjobb (between
Dolyhir and
Stanner) was transferred from the tramway (from 1862 owned by the Kington and Eardisley Railway) to the railway at Kington. The lime traffic was increasing and it was hoped to build a railway to
Rhayader and
Aberystwyth, so the Kington and Eardisley Railway got an act of Parliament, the '''''' (
36 & 37 Vict. c. lxxix), for a railway from Kington to New Radnor, mainly parallel to the tramway, on 16 June 1873. It opened on 25 September 1875. ==Operations==