The semi-weekly messenger. [volume] (Wilmington, N.C.) 1897-1908, 1899-10-31

New York, October Ex-senator De-
pew tonight CAV out a statement Of the
terms Of the will of the late Cornelius
Vanderbilt.
1t shows that the fortune is esti-
mated at &c. 600, 900. Alfred Gwinn Van
derbilt will get about $500 0 900. He
thus becomes the head of the family.
The will gives Cornelius Vanderbilt
about 81 500, 900. 1t gives to each Of his
remaining brothers and sisters about
81, 800, 900, Alfred, of course, not in
cluded.
Out of the spirit of affection and for
the purpose of satisfying all the men,
bers of the family, Alfred Gwinn Van
derbilt gives his brother Cornelius
enough of his inheritance to max his
fortune equal to that of the other men,
bers, namely $500, 900. Senator Depew
says that Cornelius Vanderbilt has &C
cepted this arrangement in the spirit
in which it was offered.
The viii max no mention of the
marriage of Cornelius Vanderbilt, Jr.,
to Miss Wilson, or to any quarrel be-
tween father and son because of the
tACA 49, IN ONAAO - 49,
pleasure was visited upon the eldest
son, he receiving all told under the
terms of the will but s., 100000 and
81, 900, 900 OF this is held in trust by the
executors.
Mrs. Vanderbilt, his widow, is given
the dwelling house and premises on
Fifth avenue with their contents, also
the houses and stables at Newport,
r. /. She is also given 50, 900, 900 in Sc
Curities, or if she 50 elects, 81, 900, 900 in
money; also the annual income or sum
of $3.50, 900 arising from securities to be
set apart for that purpose by his execu-
tors. At the death of Mrs. Vanderbilt
the principal set apart to create the
income of $780, 900 is given to Ger
trude, Alfred c., Reginald c., and Cad
lys, or if any of them be dead, to their
issue in such proportions as Mrs. Van
derbilt may direct in her will, and in
default of such apportionment the same
to be divided equally.
At the death of Mrs. Vanderbilt, the
property devised to her for life is Civ
en- to either Alfred G.. or Reginald c.,
as she may appOint by her will, and in
default Of such appointment it goes to
the eldest of his sons then living, AL
fred or Reginald, and if neither of
them be living at the time of her death,
then to Gertrude, if living, and if not,
then to Gladys. In case neither of said
sons or daughters shall survive his
widow, then this property is to be di-
vided among the then living children
of such sons and daughters, and if
there be no such grandchildren, then
it becomes part of the residuary es-
tate.
Senator Depew receives 5000, 900 and a
number of requests are made to religi-
u and other institutions. His family
servants are also remembered.
On the contingency that both Alfred
and Reginald die without issue before
being put into possession of said es-
tate, then the testator's daughters,
Gertrude and Gladys are made residu-
airy ~legatees in equal shares, their chill
dren taking the parents share in case
either dies before that time.
Alice G. Vanderbilt, his widow, is APP
pointed ~eXecutrix, and his son Alfred
G.. Vanderbilt, William K. Vanderbilt,
Chauncey M. Depew and Edward w.
Rossiter are appointed executors, to-
gether with Reginald, who may qualify
as soon as he becomes of age, and it is
provided that no commission or com
pensatiOn shall be paid to any execu-
tor or trustee for his services.