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:
“Not one death but many,
not accumulation but change, the feed-back proves, the feed-back is
the law”
—Charles Olson (1910–1970)
“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)
“Young lover to old lover: I do not feel death in your embrace, but the adoration of the patriarchs.”
—Mason Cooley (b. 1927)