Death
In 1883, he resigned all his company presidencies and had his sons appointed as important chairmen but left the day-to-day running of the businesses to experienced men appointed president.
He died on December 8, 1885 in New York City. He was interred in the Vanderbilt family mausoleum at the Moravian Cemetery in New Dorp on Staten Island, New York. His estate was divided amongst his eight children and his wife, the bulk of the estate going to his eldest two sons, William Kissam Vanderbilt and Cornelius Vanderbilt II.
Read more about this topic: William Henry Vanderbilt
Famous quotes containing the word death:
“Accordingly, death is a harbor of peace for the just, but is believed a shipwreck for the wicked.”
—Ambrose (c. 333–397)
“You listen to artists fighting with each other, competing to the death like gladiators, in order to see who is going to get into a show, who is going to make it, who isn’t: who is going to get a full-page ad and who is going to get a half-page. Then I think, “Wouldn’t it be wonderful to go off somewhere and just do your work?””
—Howardena Pindell (b. 1943)