Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1899-10-27
VANDERBlLT'S WILL.
Alfred Made Head Of Family
With $50,0OO,OOO
Cornelius Given But $500, O0O--
The Others S7,5OO,OOO Each.
Alfred Generously Increases His Brother S
Share 10 the Same Amount.

| of the will of Cornelius Vanderbilt who
| died here, Sept. II. We're made public.
| tonight. in a statement given out by
| Senator Chauncey NJ. Depew. The
statement shows that Alfred Gwynne
Vanderbilt inherits the bulk of his
fathers fortuntc ana becomes practi-
cally the head of the Vanderbilt fam
lily.
The Will makes no mention Of the
marriage of Cornelius Vanderbilt. Jr..
to Miss Wilson, nor to any quarrel be
| tween father and son because of the
union, but apparently the fathers dis
| pleasure was visited upon the eldest
son. he receiving, all told. under the
| terms Of the will. but 81 500. 900 ana
| $l,00o.ooO Of this will be held in trust
| by the executors.
Alfred Gwynne Vanderbilt is, Of
| course. the residuary lcgatee, ana will
| possess a fortune Of probably $4,000
| 900 to $50, 600, 900. Gladys. Reginald and
Gertrude tMrs. Harry Payne whitney,
Will receive about $1.5G0000 each.
Most remarkable Of all. however. is
| the statement that Alfred will give
from his share enough to Cornelius to
make the latter as rich as his brother
| Reginald and sisters Alfred will
| therefore. turn over to Cornelius about
100000. The statement reads:
The Will Of Cornelius Vanderbilt is
dated June Is. 500. and the two codicils
thereto are dated respectively. April
a. 1897, and April 4. 1899. His property
is disposed OF under these instruments
as follows:
'First-A bequest to Mrs. Vanderbilt,
I,a,,ea a,,,1 ,,,.,r,,js.e il, iii a,..,,,,, ha7
go, --tb a,d -e+b e.ra,te ,Ien ,ba
r+,,,I.. III 1,,s- -l+b g,r..+ AVA +ba
household f,lrr5t1lra nictures. silver.
musical instruments. works If art and
all Other articles in his residence II
New York. with The mower IN her Ia
change or disnosa III than, dn,in, ber
lifetime
From Hi bannost /. evca,ta1 ba,,-
avar ancestral ,.,,,,its nnd h,,sts ord
nortraits of himself ana certain nincos
of irveIrv which ara 5i.t,;brtad ar,ong
his children Alfred . pnainaId -
Gertrude ana GLADYS
.Second-At tn. da,t, of Ms X-ap-
dcrbiIt tba rronsrtv Devised 4, ,,s,. IN,
life Is atvan IL either Aired = a..
PaoiraId q as che may ,n,oir,t h,- ba,.
viii. ana in dofault If euch apnnint
mont il roee to the eldest Of his sons
then living. Alfred 81 Rarinalf ana if
neither, of them be living ut The time
of her death. then to Gertrude. if living.
ana If not then to GLADYS. In case
neither of said sons of dauchtors sur
vive his widow. then this property Il
to be divided among the then living
children of such sons and daughters.
ara if there be no such grandchildren,
then it becomes a part Of the rcsiduary
estate.
..Third-A bnounst 70 Mrs Wander
rilt of III now ii Tri,;+v church Nav
mort = ana a1so all horses vehicles
harness condiments ana stable furni-
tura in his stables NJ tha time Of his
death e,centinr sucb ne have baan
rivop durinp III lifetime N his chill
lren. also his hox at tha NJetronolitan
onara house il given tn his widow
.Jrourth-The residence land ana
nronartv with oil furniture etc and
non+orts of ~ houses opd e+oh1oc ~
Nnvn,rt y oro rivan tn Jrs Van
darbil+ for bo,. natural Iifa ana unon
hor daotb 70 sucb ono If har cbil1ran
Atfre5 rorino1l cor+rudo ana ca1dvs
III eba MAJ DESIGNATE IL ber win ana
!, dor,u1+ of c,,cb deeiqn.tion tho Same
l,,,,,,,,,,.. ,,,,, ~ ~, ,as,i1,,ar,- oet,+a
..Eirt1, -rbo oal.1ond farp, in south
por,sr,outb p vim an h,,iIdinge
f,,.in,ura oouinn,nn+e 1ixa s+oci, unor
If 10 rivnp IN Alfred G. absolutely
"c;xth-A honest n Mrs Vanderbilt
of 50 oOo 600 in securities or if she
a,acts 81 ono 90 in money
"cevontb-A beu,est 70 Mrs Wander
h1t of tho animal income or SIM Of
z2Fo ono arising from, securities 70 ba
set a,ort FIR. that nlrnose Inv his execu- i
tors
..Eigh+b-At tho death of Mrs Van |
darbiIt tho nrincinaI set apart TO create
the income Of $3.50 900 is given TO Ger
trudn Alfred G. Reginald c.. and
GLADYS or If any Of them be dead. to
their issue in such nroportions as Mrs. |
Vanderbilt may direct in her will. and
in default Of such anpoirtment. the
Same Il, he divided equally.
"Ninth-Inder a power of appoint |
ment as to S. 900. COO held in trust under
his fathers will he directs that $4,000 i!
-, mt. ,,ta.z :; er;,-ov,