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:
“Because men really respect only that which was founded of old and has developed slowly, he who wants to live on after his death must take care not only of his posterity but even more of his past.”
—Friedrich Nietzsche (1844–1900)
“Life is grown sweeter and lonelier,
And death is no evil.”
—Robinson Jeffers (1887–1962)
“So much of motion, is so much of life, and so much of joy—and ... to stand still, or get on but slowly, is death and the devil.”
—Laurence Sterne (1713–1768)