MAJOR GENERAL WILLIAM MAHONE - STOCK CERTIFICATE SIGNED 03/23/1876 - HFSID 320336
Sale Price $765.00
Stock certificate signed as President of the Atlantic, Mississippi and Ohio Railroad (AM&O). Mahone played a key role in rebuilding Virginia's railroads after the Civil War.
Stock Certificate signed: William Mahone" as President, 11x7¼. Certificate #905 of the Atlantic, Missippie and Ohio Railroad, one share issued to James F. Scott on March 23, 1876. Also signed by the company teasurer, and by Scott (when he transferred ownership on March 27, 1876). William Mahone (1826-1895), a graduate of Virginia Military Academy and a civil engineer, helped improve Virginia's road system before the Civil War and rebuild its railroads afterwards. As a brigade commander in the Army of Northern Virginia, he saw action at most of the key battles of the Eastern Theater: Seven Pines, Malvern Hill, Second Bull Run, Fredericksburg, Chancellorsville, Gettysburg, the Wilderness, Spotsylvania, and the siege of Petersburg. His finest military moment came outside Petersburg, at the Battle of the Crater (June 30, 1964), where his counter-attack turned a potential Union victory into a catastrophe for Grant's army. This triumph earned him a promotion to Major General. Short of stature, Mahone was affectionately called "Little Billy" by his troops. Elected to the Virginia legislature even while holding a military command, Mahone became more active in politics after the war. As leader of the Readjuster Party - a diverse coalition which included African American voters - he won a term in the US Senate (1881-1887). In a Senate evenly divided between Republicans and Democrats, Mahone agreed to vote with the Republicans in exchange for a committee chairmanship and other concessions. This tactic may have cost him re-election, as he lost to a conservative Democrat in 1886. After the Civil War, Mahone had returned to his pre-war position as head of the Norfolk and Petersburg Railroad, rebuilding it and merging it with two other lines to form the Atlantic, Mississippi and Ohio Railroad. The railroad extended only through Virginia, although - as the name implies - Mahone had ambitions for a larger system extending West to the Mississippi. The Panic of 1873 severely harmed the company, and it struggled financially thereafter, until sold at auction in 1881. Much of the former AM&O system remains in service for Norfolk Southern. Pundits claimed that AM&O stood for "All Mine and Otelia's", the latter a reference to Mahone's colorful spouse. Multiple folds. Corners lightly worn and creased. Light surface creases. Slightly toned. Slightly soiled. Left edge frayed. Otherwise, fine condition.
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