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:
“Your father was ever virtuous, and holy men at their death have good inspirations.”
—William Shakespeare (1564–1616)
“The sole work and deed of universal freedom is therefore death, a death too which has no inner significance or filling, for what is negated is the empty point of the absolutely free self. It is thus the coldest and meanest of all deaths, with no more significance than cutting off a head of cabbage or swallowing a mouthful of water.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“My verse your virtues rare shall eternize,
And in the heavens write your glorious name.
Where, whenas death shall all the world subdue,
Our love shall live, and later life renew.”
—Edmund Spenser (1552?–1599)