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:
“Will you see the players well bestowed? Do you hear, let them
be well used, for they are the abstracts and brief chronicles of the time. After your death you were better have a bad epitaph than their ill report while you live.”
—William Shakespeare (1564–1616)
“Whoever has lived long enough to find out what life is, knows how deep a debt of gratitude we owe to Adam, the first great benefactor of our race. He brought death into the world.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
“Because men really respect only that which was founded of old and has developed slowly, he who wants to live on after his death must take care not only of his posterity but even more of his past.”
—Friedrich Nietzsche (1844–1900)