The Stockport and Woodley Junction Railway was incorporated on 15 May 1860 to build a 2 miles 61 chains (4.4 km) railway from Stockport Portwood to a junction with the Manchester, Sheffield and Lincolnshire Railway's (MS&LR) authorised Newton and Compstall line at Woodley.[a][1]
Together the MSLR and GNR formed a joint committee to operate this railway along with three others that had been authorised but were not yet open.[b] Together these railways connected up to provide an alternative route into North Cheshire that avoided Manchester.
Each company was to provide an equal amount of capital and four representatives to the joint management committee. This arrangement was confirmed by the Great Northern (Cheshire Lines) Act in Parliament in 1863.[c] This Act had not, however, formally set up a separate legal body, providing instead for the two companies to manage and work the four railways through their existing structures.[3][4]
This arrangement eventually led to the formation of the Cheshire Lines Committee in 1865. The line was then formally brought under the direct joint ownership of the MS&LR and GNR in 1865 by the Cheshire Lines Transfer Act 1865 (28 & 29 Vict. c. cccxxvii).[d][3][4] The Act allowed the Midland Railway (MR) to join as an equal partner, which it did in 1866.[5] and finally The Cheshire Lines Committee was authorised by the Cheshire Lines Act 1867 (30 & 31 Vict. c. ccvii) as a fully independent organisation with a board formed from three directors from each of the parent companies.[e][6]