5699

Atlantic Mississippi & Ohio Rail Road Co

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:175.00 USD Estimated At:350.00 - 600.00 USD
Atlantic Mississippi & Ohio Rail Road Co
SOLD
100.00USDto a****y+ buyer's premium (25.00)
This item SOLD at 2018 Dec 09 @ 13:58UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
Two shares of Atlantic Mississippi & Ohio Rail Road Company, number 424 issued to Estate of Jas A. Sydnor dated February 15, 1872. Train vignette on front and boats in harbor on back with train crossing a bridge. Imprinted revenue stamp RNU1. Green border. Listed in Castenholz. Atlantic, Mississippi and Ohio Railroad formed in 1870 in Virginia. Organized and led by former Confederate general William Mahone (Dec. 1,1826 - Oct 8, 1895). He was a civil engineer, railroad executive, Confederate States Army general and Virginia politician. As a young man, Mahone was prominent in the building of Virginia's roads and railroads. As chief engineer of the Norfolk and Petersburg Railroad, he built log-foundations under the routes in the Great Dismal Swamp in southeast tidewater Virginia that are still intact today. In the American Civil War, Mahone was pro-secession and served as a general in the southern Confederate States Army. He was best known for regaining the initiative at the late war siege of Petersburg, Virginia while Southern troops were in shock after a huge mine/load of black powder kegs was exploded beneath them by tunnel digging former coal miner Union Army troops resulting in the Battle of the Crater in July 1864. His counterattack turned the engagement into a Union defeat. After the war, he returned to railroad building, merging three lines to form the important Atlantic, Mississippi and Ohio Railroad. He also led the Readjuster Party, a temporary state political party with a coalition of freemen blacks, Republicans and populist Democrats, and was elected by the commonwealth General Assembly to the U.S. Senate in 1881. His willingness to caucus with Republicans cost him some support from the white electorate, as did his lenient treatment of African Americans freemen.The 428-mile line linked Norfolk with Bristol, Virginia by way of Suffolk, Petersburg, Lynchburg, and Salem. Promoted as a trade link to the west, and further expansion was envisioned with the goal of increasing Virginia's Ohio Valley and Mississippi Valley commerce. Heavily backed by investors from England and Scotland. In receivership after the U.S. Financial Panic of 1873. Mahone's removed as trustee due to financial problems, but still led operations. In 1881sold at auction. Renamed Norfolk and Western Railway and expanded west into the coalfields and into Virginia. (Wikipedia) Listed in Castenholz. Printed: Continental Bank Note. Co., New York. Ken Prag collection.

State: City: Date: HWAC# 83712