despite having done a good job, but he refused. F. W. Hollis eventually obtained most of the shares from the other family members, and started legal action to remove Bulpett. Railway competition had caused a sharp drop in receipts, from £1,012 in 1843 to £430 in 1861, and payments to shareholders and mortgagees ceased in 1850 and 1857. In 1863, Bulpett was replaced by Mr Clarke, formerly the manager of the Andover Canal, but Bulpett returned when he won the action brought by Hollis.

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