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:
“Or if no thing but death will serve thy turn,
Still thirsting for subversion of my state,
Do what thou canst, raze, massacre, and burn,
Let the world see the utmost of thy hate;”
—Michael Drayton (1563–1631)
“Almost everybody in the neighborhood had “troubles,” frankly localized and specified; but only the chosen had “complications.” To have them was in itself a distinction, though it was also, in most cases, a death warrant. People struggled on for years with “troubles,” but they almost always succumbed to “complications.””
—Edith Wharton (1862–1937)
“It is a sign of creeping inner death when we can no longer praise the living.”
—Eric Hoffer (1902–1983)