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:
“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)
“I am tired with my own life and the lives of those after me,
I am dying in my own death and the deaths of those after me.”
—T.S. (Thomas Stearns)