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:
“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.)
“You know, if this is Venus, or some other strange planet, we’re liable to run into some high-domed characters with green blood in their veins who’ll blast at us with their atomic death rayguns, and there we’ll be with these—these poor old-fashioned shootin’ irons.”
—Edward L. Bernds (b. 1911)