The Company had by now, on 19 May 1882, obtained a further Act of Parliament authorising the altered junction arrangement at Upwey, and to issue £10,000 in preference shares and an additional £3,000 of debenture loan. On 8 February 1883 the Great Western Railway had agreed to work the line for 50% of gross receipts. Having only secured subscribed capital of 39% of the authorised value from the public when the line captured local imagination, it was clearly impossible to issue the preference shares now that the line was in financial trouble, and an approach was made to the Great Western Railway to take the shares. In April 1884 it was reported that Green and Burleigh were not progressing the work as fast as was hoped, and the Directors write to them, expressing their disappointment. At this time there were still 20 parcels of land required for the construction and not yet acquired.