A revival of the corporation took place in 1864, directed by Francis Hughes. The charter was amended on April 14, 1864 to permit the construction of the branch to Tioga via Marsh Creek (the "third fork of Pine Creek") and Crooked Creek once the main line had been located as far as Manchester, on the third fork, and also allowed it to construct branches to the Philadelphia and Erie Railroad from Jersey Shore, or to any other railroad in Clinton or Lycoming Counties. A final amendment to the charter on March 21, 1865 allowed the company to change its name. While a new survey was run, the enterprise again failed to go forward.
