Are these paraphrases?
The Great Western Railway took over the OW & W in 1862 and enlarged Honeybourne station in the 1900s when it built the railway between and Cheltenham Spa .
The Great Western Railway took over the OW 'W in 1862 and increased the Cheltenham Spa station in the 1900s when it built the railway between and Honeybourne .

OPT: I. no II. yes
I.