中央倫敦鐵路

The route was extended at the western end to run under Notting Hill High Street (now Notting Hill Gate) and Holland Park Avenue to end at the eastern corner of Shepherd's Bush Green, with the depot and power station site relocated to be north of the terminus on the east side of Wood Lane. The westward extension of the route was inspired by the route of abandoned plans for the London Central Subway, a sub-surface railway that was briefly proposed in early 1890 to run directly below the roadway on a similar route to the CLR.[7] The eastern terminus was changed to Cornhill and the proposed Southampton Row station was replaced by one in Bloomsbury. Intermediate stations were added at Lansdowne Road, Notting Hill Gate, Davies Street (which the CLR planned to extend northwards to meet Oxford Street) and at Chancery Lane.[8] The earlier plan to connect to the C&SLR was dropped and the diameter of the CLR's tunnels was increased to 11英尺6英寸（3.51）.[7] This time the bill was approved by both Houses of Parliament and received Royal Assent on 5 August 1891 as the Central London Railway Act, 1891.[9] In November 1891, the CLR publicised another bill. The eastern end of the line was re-routed north-east and extended to end under the Great Eastern Railway's (GER's) terminus at Liverpool Street station with the Cornhill terminus dropped and a new station proposed at the Royal Exchange.[10] The proposals received assent as the Central London Railway Act, 1892 on 28 June 1892.[11]

Route approved in 1892

The money to build the CLR was obtained through a syndicate of financiers including Ernest Cassel, Henry Oppenheim, Darius Ogden Mills, and members of the Rothschild family.[12] On 22 March 1894, the syndicate incorporated a contractor to construct the railway, the Electric Traction Company Limited (ETCL), which agreed a construction cost of £2,544,000 (approximately £3.08億 today)[13] plus £700,000 in 4 per cent debenture stock.[14] When the syndicate offered 285,000 CLR company shares for sale at £10 each in June 1895,[14] only 14 per cent was bought by the British public, which was cautious of such investments following failures of similar railway schemes.[15] Some shares were sold in Europe and the United States, but the unsold remainder was bought by members of the syndicate or by the ETCL.[14]