Governor Francis Pierpont summoned Buford to Richmond and suggested he become President of the Richmond and Danville Railroad. After his selection on September 13, 1865, Buford moved back to Richmond in early 1866. Over the next two decades, Buford guided the railroad through its best years. In 1866, the R&D had 154 miles of track and $284,790 in profit. By 1886, it had grown to 2,670 miles of track and $1,767,662 in profit. Adjusting for deflation in the late 19th century, Buford delivered a 1,050% growth in profit over 20 years. In the course of those years, however, the controlling interests in the company became contrary to Buford's established policies of management and he tendered his resignation in late 1886. Over the next two decades, Buford guided the railroad through its best years. In 1866, the R&D had 154 miles of track, $672,714 in earnings, $284,790 in profit, 25 locomotives, and 285 total cars. By 1886, it had grown to 2,670 miles of track, $3,981,355 in earnings, $1,767,662 in profit, 126 locomotives, and 2,551 total cars. Adjusting for deflation in the late 19th century (i.e., converting 1866 USD to 1886 USD), the 1866 earnings decrease to $397,705 and profit decreases to $168,366. When the 1886 numbers are taken as percentages of the 1866 numbers, the growth rates in earnings and profit are given: 1,001% growth in earnings and 1,050% growth in profit. With the support of Virginia Governor
Francis H. Pierpont, on September 13, 1865, Colonel Buford became president of the Richmond and Danville Railroad (R&D). Damage from the war, including the bridge across the
James River between
Manchester and
Richmond was repaired. Over the next 20 years, as R&D President, Col. Buford extended the trackage to three thousand miles. The R&D's early acquisitions included the
Piedmont Railroad in 1866, and the
North Carolina Railroad in 1871. In 1872, the R&D extended aid to the
Atlanta and Richmond Air Line Railway to help it complete its road between Charlotte and Atlanta. The line was to become a key link in the "Piedmont Air Line", a system of railroads across the southeast. In 1878, the R&D acquired the
Charlotte, Columbia and Augusta Railroad. In 1880, the Richmond and West Point Terminal Railway and Warehouse Company was chartered to acquire railroads which the R&D could not acquire directly due to a limitation in its charter. One of these was the former
Richmond and York River Railroad. The Terminal Company quickly purchased over of existing railroads and acquired the franchises for a number of projected lines including the Georgia Pacific Railway and the Rabun Gap Short Line Railway. In 1881, the R&D leased the Piedmont Air Line system, by then renamed
Atlanta and Charlotte Air Line Railway, forming the Richmond and Danville Railroad System. In 1885, the R&D bought the Lawrenceville-to-Suwanee line in Georgia from the Lawrenceville Branch Railroad. This line was sold to the Atlanta and Charlotte Air Line Railway in 1908, and was abandoned in 1920. The R&D leased the
North Eastern Railroad (Georgia) in 1886. In 1887, the Terminal Company gained control of the
East Tennessee, Virginia and Georgia Railway. In 1888, the Terminal Company purchased the entire capital stock of the Georgia Company, which held a controlling interest in the Central Railroad and Banking Company. In 1889, the Georgia Pacific Railway was completed and began operation from Atlanta to Greenville, Mississippi. It had been leased to the R&D in January of that year. In 1890, the Terminal Company acquired a controlling interest in the Alabama Great Southern Railroad. By 1890, the R&D System covered of track in Virginia,
North Carolina,
South Carolina, Georgia,
Tennessee,
Alabama,
Mississippi,
Arkansas, and
Texas. However, the R&D System had become financially unstable during all the growth. In 1892, the R&D and subsidiaries entered receivership. Reorganized by
J.P. Morgan and his New York banking firm of Drexel, Morgan and Company, they emerged in 1894 as the
Southern Railway Company, which controlled over of line at its inception. In 1980, Southern Railway Company later became part of
Norfolk Southern Railway. ==Bon Air community==