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Gov. Repeal Bill info added with references
In 1868, having suffered extensive losses on their Sealdah-Canning line because of floods and other problems, the directors of the CSER exercised their right to surrender the line to the Government of India in return for the capital costs. The CSER thus became the first railway in state ownership.
In 1868 the company sold the line to the Indian government (management then being leased to the [[Eastern Bengal Railway]]), and the company was dissolved in March 1870.
<ref> [https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/228649/8330.pdf H.M. Government “Statute Law Repeals: Nineteenth Report : Draft Statute Law (Repeals) Bill; April 2012"]; page 121, paragraph 3.26. Retrieved on 2 January 2016</ref>
== Records ==
*<sup>1</sup> "Money Market and City Intelligence", ''The Times'', Wednesday, 15 June 1859, #23333, 7a.
*[https://en.wikipedia.org/wiki/Sealdah_South_lines Wikipedia]
== References ==
<references />
[[Category:Railways]]
[[Category:Guaranteed Railways]]
