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:
“Whoever has lived long enough to find out what life is, knows how deep a debt of gratitude we owe to Adam, the first great benefactor of our race. He brought death into the world.”
—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
““Promise me solemnly,” I said to her as she lay on what I believed to be her death bed, “if you find in the world beyond the grave that you can communicate with me—that there is some way in which you can make me aware of your continued existence—promise me solemnly that you will never, never avail yourself of it.” She recovered and never, never forgave me.”
—Samuel Butler (1835–1902)