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:
“Tis no extravagant arithmetic to say, that for every ten jokes,thou hast got an hundred enemies; and till thou hast gone on, and raised a swarm of wasps about thine ears, and art half stung to death by them, thou wilt never be convinced it is so.”
—Laurence Sterne (17131768)
“Because you live, O Christ,
the spirit bird of hope is freed for flying,
our cages of despair no longer keep us closed and life-denying.
The stone has rolled away and death cannot imprison!
O sing this Easter Day, for Jesus Christ has risen!”
—Shirley Erena Murray (20th century)