I don't see that working, even the revised version. The only reference to ground is 'backwards' through the bridge for the 24V supply. Unless I'm misreading it, that's not going to work. Bad ju-ju, daddy.
If you look at what has become known as the 9K PSU (It's not an SSL design BTW,- it's one that I came up with for the 9K project... I know that a few people are under the impression that it might be SSL copyright, but no!) and just build the +18V half of the ±18V supply (scaling it up accordingly), and build the +48V part, you've got what you need.
You have to start with a current path to/from (depending on your current philosophy... let's not get into the religion aspects here! :wink: ) ground AT THE SOURCE. Otherwise, it's like connecting a light bulb to a battery with one wire... you need two for the bulb to light up.
In the second version, the voltage won't ever build up sufficiently, because there's not enough peak potential at the windings. If you have a 30V peak potential, the bridge diodes won't ever forward charge to more than 29-point-something volts.
Looking at the second version, you have to ground the center tap of the secondary and LOSE the ground connection at the negative end of the bridge. Then if the transformer is something like 22-0-22V, you're in business.
Keith