Taw Vale Railway Extension and Dock Company, from Barnstaple to join the Exeter and Crediton line at Crediton. This scheme was supported by the London and South Western Railway (LSWR), which aspired to expand into Devon. The Exeter and Crediton line and the North Devon line had been expected to be built on the broad gauge and naturally to fall into the B&ER camp; lease terms had been provisionally agreed. However, the London and South Western Railway (LSWR) had designs on entering North Devon, and encouraged friendly relations with the companies. At an E&CR shareholders' meeting on 11 January 1847 the provisional lease was rejected, and this was quickly followed by rejection of the TVER lease; more favourable leases to the LSWR were negotiated and ratified by shareholders in January and February 1847. The B&ER had lost control of the Crediton and Barnstaple lines. J W Buller of the B&ER was chairman of the E&CR board, and despite the very large shareholder opinion, he attempted to keep the E&CR within the B&ER family, and personally signed a two-year contract with George Hennett to work the line on 7 April 1847. However at an Extraordinary General Meeting on 12 April 1847, Buller and three other B&ER directors were removed from office amid angry scenes. The E&CR had been built on the broad gauge, and when tempers had cooled, a lease was agreed in February 1851 that the B&ER would work the line, and install the junction with their own line at Cowley Bridge; these works would be at the expense of the E&CR. The E&CR opened on 12 May 1851, for the time being effectively a branch of the B&ER. On 19 July 1860 the London and South Western Railway (LSWR) reached Exeter, after a long struggle. It had its own station, Queen Street, in a more central location than the B&ER station, and much higher than it. They already had interests in railways to the west of the B&ER line, and earlier thoughts had turned to an independent line crossing the B&ER line to reach the Crediton line, but wiser counsel prevailed, and an accommodation with the B&ER was reached. By arrangement, Parliamentary authority was obtained for a connecting line descending from the LSWR station to St Davids, and the addition of narrow gauge rails to the line from there to Crediton. The LSWR service started on 1 February 1862.