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:
“Fatigue dulls the pain, but awakes enticing thoughts of death. So! that is the way in which you are tempted to overcome your loneliness—by making the ultimate escape from life..—No! It may be that death is to be your ultimate gift to life: it must not be an act of treachery against it.”
—Dag Hammarskjöld (1905–1961)
“I’m beginning to believe that Killer Illiteracy ought to rank near heart disease and cancer as one of the leading causes of death among Americans. What you don’t know can indeed hurt you, and so those who can neither read nor write lead miserable lives, like Richard Wright’s character, Bigger Thomas, born dead with no past or future.”
—Ishmael Reed (b. 1938)
“Death, the most dreaded of all evils, is therefore of no concern to us; for while we exist death is not present, and when death is present we no longer exist.”
—Epicurus (c. 341–271 B.C.)