Changes in Ownership of South Maitland Railways
The railway line between East Greta Junction and Stanford Merthyr was owned and worked by the East Greta Coal Mining Co. When constructed the Aberdare Railway was jointly controlled by the Australian Agricultural Company and the Aberdare Collieries Ltd of New South Wales, who entered into an agreement with the East Greta Company for haulage over the line. In February 1906 the AA Co. purchased the Aberdare Collieries' share in the Aberdare Railway giving them 100% control of the Aberdare Railway, but the East Greta Coal Mining Co. continued to work trains over the line.
In 1918 the main line railway interests of Hebburn Ltd and the East Greta Coal Mining Co. were merged to form South Maitland Railways Ltd. This new company took over the ownership and operation of the Stanford Merthyr line and the Aberdare Railway, as well as all of the locomotives and passenger and goods rolling stock of the East Greta Co. The new company also took over the haulage over other colliery lines that were previously worked by the East Greta Co.
In April 1931 the East Greta Coal Mining Co. was taken over by J & A Brown and Abermain Seaham Collieries Ltd, which gave them a 50% share of SMR. In the 1940s due to changes in company laws South Maitland Railways Ltd was changed to South Maitland Railways Proprietary Limited. With the merger of JABAS with Caledonian Collieries Ltd in 1960 and the formation of Coal & Allied Industries Ltd (C&A) the 50% share in SMR held by JABAS passed to this new company. In 1967 Coal & Allied purchased Hebburn Ltd which then gave them 100% control of South Maitland Railways. The SMR continued as a subsidiary of Coal & Allied until 1989 when SMR Pty Ltd was bought by a private consortium.
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