sentences:  In 1878, the Springhill colliery had reached the boundary of the GMA holdings and in 1879 the provincial government revoked the GMA lease and transferred the mineral rights for the property to the Spring Hill and Parrsborough Coal and Railway Company (Limited).Unfortunately, construction costs for the railway and expansion of the colliery had impacted company finances.Revenues were insufficient to pay interest on company bonds and bankruptcy was declared with the company liquidated in 1883.