After completion of the turnpike in April–May 1858, the Cape May Turnpike did not receive much profits. Even with tolls being collected and stock being bought, these could not offset the costs of repairs and maintenance. The roadbed was commonly washed away in storms and it was becoming a less used route as the "Shunpike" (now Route 162/County Route 626) nearby was free to use, taking away traffic from the turnpike. Walters Miller, a big investor of the turnpike company, decided to leave the syndicate in favor of working towards railroads. Miller himself looked into the construction of railroads in the area, hiring William Cook, who engineered the Camden and Amboy Railroad into producing routes along the peninsula. Cook proposed three routes in 1852, one from the Camden waterfront to Cape May economic region, one through Millville and Bridgeton and a third through Salem. Although the rights for a railroad in the area by the New Jersey General Assembly had been allowed since 1832, there has been no progress on any railroad in Cape May County until 1863. That year, progress started on constructing the Camden and Atlantic Railroad using the first proposal by Cook in 1852. Jonathan Pitney of Absecon spent two years trying to obtain the charter from the General Assembly. In a letter to Richard Holmes, Pitney said the chances of getting the railroad charter and building it were "good". Holmes, however, was cautious towards the railroad company investment, showing little thought of having a railroad created that would compete with his struggling turnpike syndicate.