The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1899-10-27
Bro. Alfred However To
Give Him Six More.
Alfred Made Head of Vanderbilt
Family.

New York, October &c. The provisions
Of this will of Cornelius Vanderbilt, who
died here on September IL, was made
public Tonight In a statement given out
by Senator Depew. The statement shows
that Alfred Gwynne Vanderbilt inner
Its the bulk Of his fathers fortune and
becomes practically the head Of the Van
derbilt family. The will makes no men
lion of the marriage Of Cornelius Van
quarrel between father and son because
Of the union. but apparently the fathers
dispieasure was visited upon the eldest
son. he receiving all told, under the terms
Of the will, but 81, 100000 and 81, 00O..
900 of this held In trust by the executors.
Alfred 0wynne Vanderbilt is. Of course.
the rssidury legatee. and will possess O
fortune Of probably $4,000. 900 TO $780,
900, 600.
Gladys. Reginald and Gertrude (Mrs.
Harry Payne whitney,. will rSoeise
about 81, 500, 900 each. Most remarkable
of all, however, Is the statement that AL
fred will give from his share enough to
his brother Reginald and sisters
Alfred will therefore turn over to Cor
nelius about S6,000,0e0. The statement
reads:
"The Cornelius Vanderbilt will 10
dated June Is. 1895. and the two codicils
thereto ara dated respectively April "a,
1917 and April 4. 1892
ellis property Is disposed Of under thess
instruments as follows:
First. tsqusst TO Mrs. Vanderbilt.
his widow, for her life, Of the dwelling
house and premises ON Fifth avenue. be-
tween 5Ith and 5sth streets. Also the
stables In East tsth street, alsD the
household furniture, pictures. silver, mu-
steal Instruments, works Of art and all
other articles In his residence In New
York. with the power to her to change or
dispose Of them during her lifetime.
From his tequest is excepted. how
ever, ancestral portraits and busts and
portraits of himself and certain pieces of
iewolry which are distributed among his
children, Alfred G., Reginald c.. Ger
trude ana Gladys.
"Second-At the death Of Mrs. Van
deruilt, the property devised to her for
life is given TO either Alfred g., or
Reginald c., as sne may appoint by her
will, and In default of such appoint
msnt 1t goes to the eldest OF his sons then
living, Alfred or Reginald, and II neith :
er Of them be living at the time OF her
death, then to Gertrude IL living and II
not, then to Gladys In case neither OF
said sons or daughters survive his widow.
then this poperty is to be divided among
the then living children tof such sons
and daughters and If there be such
grand children, then 1t becomes part Of
the residue estate.
"Third, bequest to Mrs. Vanderbilt
of his pew Ia Trinity church, Newport,
X. l., and also all horses, vehicles. har-
ne,sss, equipments and stable furniture
In his stables at the time of his death
excepting such as have been given dur
ing his lifetime to his children, also his
box at the Metropolitan Opera house is
given to his widow.
"Fourth-The residence, land and prop
erty with all furniture, etc., and contents
OF the houses and stables at Newport
X. l., ara given to Mrs. Vanderbilt for
her natural life and upon her death to
such one o. her children, Alfred, Reginald,
Gertrude and Gladys. as she may desia-
nate by her will and In default Of such
designation the same becomes part of the
Iesid uary estate.
"Fifth-Ths Oakland farm In South
Portsmouth, Il. l.. with all buildings,
furniture, equipme nt, live stock upon it
is given to Alfred 6 absolutely.
"Sixth-A be quests TO Mrs. Vanderbilt
of 81, 00O, 600 In securities, or II she elects.
g., 900, 600, in money.
"Seventh-A bequest Of Mrs. Wander
bilt of the annual income or sum OF $3.50, =
900 arising from securities. to be set
apart for that purpose by his executors.
'Eighth-At the death of Mrs. Wander
bilt the principal set apart to Oh cate the
income of $3.50. 900 Is given to Gertrude,
Alfred IT,. Reginald c.. and Gladys, or,
II any of them be dead, to their issue. In
such proportions as Mrs. Vanderbilt may
direct in her will and In default OF such
appointment, the same to be divided
equally.
''Ninth-Under q power appointment
as to $1,000. 900 held in trust under his
fathers will, he direct that $500, 200 dol
lar thereof be paid to his son Cornelius
and he balance thereof be equally divided
among his other children.
s'lenth-Ons million dollars Is given
to his executors In trust TO the uss Of his
son Cornelius who Ii to receive the net