This record shows the same Lorenzo H Taylor at Point Lookout MD in April 1865 --
http://search.ancestry.com/iexec?htx=View&r=an&dbid=1124&iid=M598_8-0737&fn=Lorenze+H&ln=Taylor&st=r&ssrc=&pid=595765
19th century correspondence indexing systems used the first letter of the last name, plus a number representing the order in which received within the letter group (T).
Another POW record shows L H Taylor, captured at Fort Harrison VA, 25th VA, Sept 29, 1864. I cannot locate anyone by that name in the 25th Virginia. Another POW records shows $20 returned to L H Taylor, in care of Mr E A Taylor, Valpariso IN.