:At the AGM of the [[Severn Valley Railway Association|SVRA]] on 11 November, the members voted unanimously for the Association to continue.
'''December 1972''': Sir Gerald Nabarro announced on behalf of the Board that SVR(H) was fully capitalised at £150,000, and that the Southern section of the line to [[KidderminsterFoley Park]] had been purchased from BR subject to Light Railway Orders being granted. The share issue that he had fronted had thus been a success.
==1973==