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:
“So much of motion, is so much of life, and so much of joy—and ... to stand still, or get on but slowly, is death and the devil.”
—Laurence Sterne (1713–1768)
“Death destroys a man: the idea of Death saves him.”
—E.M. (Edward Morgan)
“There is a rhythm to the ending of a marriage just like the rhythm of a courtship—only backward. You try to start again but get into blaming over and over. Finally you are both worn out, exhausted, hopeless. Then lawyers are called in to pick clean the corpses. The death has occurred much earlier.”
—Erica Jong (b. 1942)