Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1899-11-02
VANDERBILT AFFECTION,
Alfred Adds Few Millions to Corne.
Illus legacy-Will Published


New York, Oct. az Senator pepew
Thursday night gave out statement
ot the terms OF the will of tho late
Cornelius Vanderbilt II shows a
fortune estimated at $4,000, 900. Al
fred Gwyn Vanderbilt will yet about
500, 600 600, He thus becomes head OF
the family, The will gives Cornelius
Vanderbilt about S1,500,000 II gives
to each of his remaining brothers and
sisters about SIh00,O00, Alfred, OF
course, not Included, Out OF spirit
OF affection and for the purpose Of sat
istying all the members OF the family,
Alfred Gwyn Vanderbilt gives his
brother Cornelius enough OF his in
heritance to make HIS fortune equal to
that OF the other members, namely,
$500 600 Mr.. nepew says that Cor
neltus has accepted this arrangement
in the spirit In which II was offered.
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 that
union but, apparently, the fathers dis
pleasure was visited upon his eldest
son, he receiving all told, under the
terms OF the will, only million and
half OF dollars one million dollars of
this being held In trust by tho eXe-
cutors, Tho statement reads In part
as follows: win of Cornelius Van
derbilt, dated June, 1896, with two
codcils thereto, dated respectively
April ~, 1897. and April 1, 1890" First
a beQuest to Mrs. Vanderbilt, his
widow, for her life OF tho dwelling
house on Fifth avenue with all house,
hold furniture with power to change or
! dispose OF them during her life time,
except certain art pieces and jowelry,
which are distributed among his chill
dron Alfred g., Reginald G., Gertrude
and Gladys. At the deatr OF Mrs.
| Vanderbilt, the property may be given
to either Alfred G, of Reginald c., M
she may appoint or to the eldest of the
three sons then living. Also. the
| Newport residence and all stables and
their contents, Oakland farm in
South Portsmouth IL given to Alfred
G. absolutely, Request to Mrs. VIM
derbilt OF $2000,000 In securities Oh
money Hs she elects, and an annual In.
come of 1926 900 arising from securities
to be get apart for that purpose by the
executors At the death Of Mrs. Van
derblt the principal SGT apart to Gre.
ate this income 10 to be given To Cert
rude, Alfred g., Reginald G. and
Gladys, or to their issue
| Twenty million dollars In securities IL
to be set apart by the executors, d.
vidcd into -four equal parts and held
In trust for the use Of Gertrude. Al
fred. Reginald and Gladys, the in
come thereof 10 be paid TO each for
| life. The trustees Of the several trust
funds are authorized to sell or hold
certain securities Specific requests
ARE made as follows: VIM Is Van
dcrbilt 100000; Chauncey NJ. Depew,
100000; Edward V, H. Rossiter, John
Hone and Rev. David H. Greer. 500 900
0each; Chas. G, Clarke, Franklin AL
len and Maud Gwynne shepart, s25 900
each; John Rutgers Leroy, $4,000
Chas. +, Cox, Edward. r. Chapman
Geo, K Fearing, Rev. Dr. VIM. s.
lnngford Geo. A, Wnrburton Robert
X. MclIurncy (dendl and j. Il. HIATT
maker, $4,000 each: Y. NJ G. A. OF
New York, 100000; st. Bartholomew
church for missionary work OF the
parish, 5000 900, and like sum for the
erection OF building for church pur-
poses, Yale university. 100000; st.
Lukos Hospital New York. $4,000:
the domestic and foreign missionary
society Of the Protestant Episcopal
church $4,000; Vanderbilt Univer-
sity at Nashville, $4,000; Redwood Ill
brary at Newport, 10000; Newport
Hospital, $4,000; Christian Home for
lntemperate Men at New York, $4,000;
Manhattan Working Girls society,
10000; New York bible society. $f0,-
900; Society OF st. Johns, 10000: and
the Protestant Episcopal society for
seamen at New York. $4,000.
All OF the remainder OF the estate Is
given to the executors to hold In trust
and invest for use for his son Alfred.
Alfred Is to receive half OF his portion
when he reaches the age OF 30 and the
balance before he Is 35. In case Al
fred dies childless the estate reverts TO
the testator's son Reginald G. on the
same conditions Alice q. Vanderbilt,
the widow. is appointed an executrix
and Alfred G. Vanderbilt, William K.
Vanderbilt, Chauncey NJ Depew and
Edward w. Rossiter executors.