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:
“Parents shall not be put to death for their children, nor shall children be put to death for their parents; only for their own crimes may persons be put to death.”
—Bible: Hebrew, Deuteronomy 24:16.
“Our love is old, our lives are old,
And death shall come amain:
Should it come today, what man may say
We shall not live again?”
—Langdon Smith (1858–1908)