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Significant events in the history of the Severn Valley Railway in preservation between 1970 and 1979 are set out below.
==1970==
[[File:Bridgnorth Severn Valley Railway geograph-2932617-by-Ben-Brooksbank.jpg | thumb|200px|right| 3205 at Bridgnorth, opening day 1970 (Wikimedia Commons)]][[File:Bridgnorth with train to Hampton Loade on Opening Day of Severn Valley Railway, 1970 geograph-2781931-by-Ben-Brooksbanktimetable001.jpg | thumb|200px400px|right| 43106 at Bridgnorth, opening day 1970 (Wikimedia Commons)]][[File:Bridgnorth Severn Valley Railway enthusiasm on Opening Day, 1970 geograph-2781959-by-Ben-Brooksbank.jpg| thumb|200px|right| Opening day, 1970 (Wikimedia Commons)]][[File:Child ticket 0001.jpg| thumb|200px|right| Child ticket 0001 from the opening day]][[File:Child ticket 0001a.jpg| thumb|200px|right| Child ticket 0001 from the opening daytimetable]]
The SVR in preservation began operating between Bridgnorth and Hampton Loade in May 1970.
:Whit weekend, Saturday 23 May 1970 saw the official opening of the Severn Valley Railway in preservation, with the first public trains running between [[Bridgnorth]] and [[Hampton Loade]]. Loco [[GWR 2251 Class 3205|3205]] hauled the first service, the 14:00 from Bridgnorth. [[LMS Ivatt Class 2 46443|46443]], [[LMS Ivatt Class 4 43106|43106]], [[LMS Stanier 8F 48773|48773]] and [[Railcar 22]] were also used over that weekend. The following weekend saw trains begin to run a regular weekend service.
<gallery mode=packed heights=150px style="text-align:left">
Bridgnorth Severn Valley Railway geograph-2932617-by-Ben-Brooksbank.jpg|3205 at Bridgnorth, opening day 1970 (Wikimedia Commons)
Bridgnorth with train to Hampton Loade on Opening Day of Severn Valley Railway, 1970 geograph-2781931-by-Ben-Brooksbank.jpg | 43106 at Bridgnorth, opening day 1970 (Wikimedia Commons)
Bridgnorth Severn Valley Railway enthusiasm on Opening Day, 1970 geograph-2781959-by-Ben-Brooksbank.jpg| Opening day, 1970 (Wikimedia Commons)
Child ticket 0001.jpg|Child ticket 0001 from the opening day
Child ticket 0001a.jpg| Child ticket 0001 from the opening day
</gallery>
'''June 1970''': 3 weeks after opening a potential problem emerged. Although the LRO gave the [[Severn Valley Railway Company Limited|Guarantee Company]] a ‘license’ to operate, the line itself was still owned by BR and therefore subject to the BR steam ban. Services therefore ceased, but within 2 weeks SVR members and well-wishers from around the world had boosted the ‘line fund’ to the extent that the balance of the £25,000 purchase price could be paid to BR. Services then re-commenced, with the line now owned by the SVR itself.
