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:
“Death is not natural for a state as it is for a human being, for whom death is not only necessary, but frequently even desirable.”
—Marcus Tullius Cicero (106–43 B.C.)
“From the very nature of progress, all ages must be transitional. If they were not, the world would be at a stand-still and death would speedily ensue. It is one of the tamest of platitudes but it is always introduced by a flourish of trumpets.”
—Gertrude Stein (1874–1946)
“The death of a dear friend, wife, brother, lover, which seemed nothing but privation, somewhat later assumes the aspect of a guide or genius; for it commonly operates revolutions in our way of life, terminates an epoch of infancy or of youth which was waiting to be closed, breaks up a wonted occupation, or a household, or style of living, and allows the formation of new ones more friendly to the growth of character.”
—Ralph Waldo Emerson (1803–1882)