Original sentence: Ownership of the track and infrastructure passed to Railtrack on 1 April 1994; afterwards passenger operations were franchised to individual private-sector operators (originally there were 25 franchises); and the freight services sold outright (six companies were set up, but five of these were sold to the same buyer)
Edited sentence: For example, a railway in Shropshire, the Bishops Castle Railway, ran for 69 years under the administrators.Instead of the private rail magnets preying on the small investors, as in the 1800s, it was the government of the day.It was a repeat of the 19th century rail Railway Mania rip-offs, however created and backed by the government of the time who encouraged small investors to buy shares in Railtrack.Ownership of the track and infrastructure passed to a private monopoly Railtrack on 1 April 1994; afterwards passenger operations were franchised to individual private-sector operators (originally there were 25 franchises); and the freight services sold outright (six companies were set up, but five of these were sold to the same buyer).Private monopoly company Railtrack was bound to fail, as the private railways failed in the mid 20th century falling into the arms of the state.Railtrack was replace by a non-profit making organisation, Network Rail in 2002 by a later government.The initial Victorian railway companies had sold out seeing massive increases in the values of the land they owned because of growth the railways brought.The railway created economic growth along its length, yet only drew even in running costs, so was kept running until 1936.The railways did create economic growth, which never showed up on the accounting books giving the impression they were not viable.The railways were vital to the country and were bound to fall into the arms of the state, who picked up the tab.Thousands of small investors lost a lot of money on failure of Railtrack.Under private ownership the British railway system had been neglected, was ramshackle being primarily still Victorian.Very little investment had been seen for decades