Virginia and Tennessee Railroad Co. signed by William Mahone - Issued to Andrew Johnson - 1869 Autographed Stock Certificate

$100 8% Bond issued to Andrew Johnson and signed by Confederate General Wm. Mahone. Portrait and biography included.

General William Mahone  (1826-1895) A member of the first graduating class of Virginia Military Institute (VMI), he was trained as a civil engineer. He helped build Virginia's roads and railroads in the antebellum and postbellum (reconstruction) periods.

As a Major General of the Confederate Army, Mahone is best known for turning the tide of the Battle of the Crater against the Union advance during the Siege of Petersburg in the U.S. Civil War.

Mahone became a political leader in Virginia, led the Readjuster Party and helped obtain funding in 1881 for a teacher's school which later grew to become Virginia State University. Small of stature, he was nicknamed "Little Billy".

In 1853, he was hired as chief engineer to build the new Norfolk and Petersburg Railroad. Still in use 150 years later, Mahone's corduroy design withstands immense tonnages of modern coal traffic. He was also responsible for engineering and building the famous 52 mile-long tangent track between Suffolk and Petersburg. With no curves, it is a major artery of modern Norfolk Southern rail traffic.

In 1854, Mahone surveyed and laid out streets and lots of Ocean View City, a new resort town fronting on the Chesapeake Bay in Norfolk County. With the advent of electric streetcars in the late 19th century, an amusement park was developed there and a boardwalk built along the adjacent beach area.

As the political differences between north and south escalated in the 2nd half of the 19th century, Mahone was in favor of secession of the southern states. During  Civil War, he was active in the actual conflict even before he became an officer in the Confederate Army.

After Virginia seceded from the Union in April, 1861, Mahone helped bluff the federal troops into abandoning the Gosport Shipyard in Portsmouth by running a single passenger train into Norfolk with great noise and whistle-blowing, then much more quietly, sending it back west, and then returning the same train again (again with much noise, etc.) creating the illusion of large numbers of arriving troops to the federals listening in Portsmouth (and just barely out of sight). The ruse worked, and not a single Confederate soldier was lost as the Union authorities abandoned the area, and retreated to Fort Monroe across Hampton Roads. After this, Mahone accepted a commission as Lt. Col. and later Colonel of the 6th Virginia Infantry Regiment in the Confederate Army. He was promoted to Brigadier General in November, 1861.

Andrew Johnson (December 29, 1808 – July 31, 1875) was the 17th president of the United States, serving from 1865 to 1869. The 16th vice president, he assumed the presidency following the assassination of Abraham Lincoln. Johnson was a Southern Democrat who ran with Lincoln on the National Union Party ticket in the 1864 presidential election, coming to office as the American Civil War concluded. Johnson favored quick restoration of the seceded states to the Union without protection for the newly freed people who were formerly enslaved, as well as pardoning ex-Confederates. This led to conflict with the Republican Party-dominated U.S. Congress, culminating in his impeachment by the House of Representatives in 1868. He was acquitted in the Senate by one vote.

Johnson was born into poverty and never attended school. He was apprenticed as a tailor and worked in several frontier towns before settling in Greeneville, Tennessee, serving as an alderman and mayor before being elected to the Tennessee House of Representatives in 1835. After briefly serving in the Tennessee Senate, Johnson was elected to the U.S. House of Representatives in 1843, where he served five two-year terms. He was the governor of Tennessee for four years, and was elected by the legislature to the U.S. Senate in 1857. During his congressional service, he sought passage of the Homestead Bill, which was enacted soon after he left his Senate seat in 1862. Slave states in the Southern U.S., including Tennessee, seceded to form the Confederate States of America, but Johnson remained firmly with the Union. He was the only sitting senator from a Confederate state who did not promptly resign his seat upon learning of his state's secession. In 1862, Lincoln appointed him as Military Governor of Tennessee after most of it had been retaken. In 1864, Johnson was a logical choice as running mate for Lincoln, who wished to send a message of national unity in his re-election campaign, and became vice president after a victorious election in 1864.

Johnson implemented his own form of Presidential Reconstruction, a series of proclamations directing the seceded states to hold conventions and elections to reform their civil governments. Southern states returned many of their old leaders and passed Black Codes to deprive the freedmen of many civil liberties, but Congressional Republicans refused to seat legislators from those states and advanced legislation to overrule the Southern actions. Johnson vetoed their bills, and Congressional Republicans overrode him, setting a pattern for the remainder of his presidency.^[b] Johnson opposed the Fourteenth Amendment to the U.S. Constitution, which gave citizenship to former slaves. In 1866, he went on an unprecedented national tour promoting his executive policies, seeking to break Republican opposition.^[5] As the conflict grew between the branches of government, Congress passed the Tenure of Office Act (1867), restricting Johnson's ability to fire Cabinet officials. He persisted in trying to dismiss the Secretary of War, Edwin Stanton, but ended up being impeached by the House of Representatives and narrowly avoided conviction in the Senate. He did not win the 1868 Democratic presidential nomination and left office the following year.

Johnson returned to Tennessee after his presidency and gained some vindication when he was elected to the Senate in 1875, making him the only president to afterwards serve in the Senate. He died five months into his term. Johnson's strong opposition to federally guaranteed rights for African Americans is widely criticized, and historians have consistently ranked him as one of the worst U.S. presidents.

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