Virginia and Tennessee Railroad (V&T). He was president of all three by the end of 1867. However, the V&T board was opposed to consolidation which was favored by the other two roads. Rumors indicated that the B&O would expand its Valley line southward to meet the V&T near Salem, Virginia. Ultimately, the B&O did reach as far as up the valley as Lexington, Virginia, only short of reaching Salem. When Mahone could not persuade the V&T board, he took another route to force consolidation, and worked diligently in lobbying the Virginia General Assembly, a part-owner of all three roads, to gain the legislation necessary to combine them into a single entity, and expand westward. "All Mine and Otelia's" Mahone was finally successful, and in 1870, the Atlantic, Mississippi & Ohio Railroad (AM&O) was organized as a new line comprising the three railroads he headed, extending 428 miles in Virginia from Norfolk to Bristol. The former general and his wife Otelia (a character in her own right) moved to Lynchburg, where the AM&O established headquarters and shops. The letters A, M and O were said to stand for "All Mine and Otelia's." Instead of utilizing northern financial interests, in addition to the state's investment, Mahone obtained the needed funded through bonded indebtedness from across the ocean through a British financial agent. The AM&O did well for several years. The three former railroads initially each became divisions, and the former South Side Railroad was later consolidated with the former N&P into a single division. Unfortunately for Mahone's dreams, before much expansion could take place, the AM&O fell on hard times in the financial Panic of 1873 which negatively impacted almost all of the railroads. After several years of operating under receiverships, Mahone had a falling out with his agent, who claimed a breach of integrity. There are some historical indications that this may have resulted from miscommunication, interference by Mahone's many enemies, or both. In any event, the foreign bondholders requested other receivers be appointed, and one of his lieutenants, Henry Fink, was named. In early 1881, the AM&O was sold at public auction. Mahone forces had gathered what he thought would be sufficient funds to place a winning bid, but they were outbid by a surprise entry of a principal of a Philadelphia-based financial company, a previously unidentified competitor. The new owners renamed it Norfolk and Western, possibly utilizing an earlier