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:
“The dignity to be sought in death is the appreciation by others of what one has been in life,... that proceeds from a life well lived and from the acceptance of one’s own death as a necessary process of nature.... It is also the recognition that the real event taking place at the end of our life is our death, not the attempts to prevent it.”
—Sherwin B. Nuland (b. 1930)
“We term sleep a death ... by which we may be literally said to die daily; in fine, so like death, I dare not trust it without my prayers.”
—Thomas Browne (1605–1682)
“Life is in the mouth; death is in the mouth.”
—Hawaiian saying no. 60, ‘lelo No’Eau, collected, translated, and annotated by Mary Kawena Pukui, Bishop Museum Press, Hawaii (1983)