Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1899-10-27
Entire Fortune is Estimated at
About Seventy Millions.
ALFRED is AHEAD OF HOUSE
Cornelius Jr. only Gets iIniion and
Italf- The Oihcr children Get
seven aud Half millions Zach.

fred Uwyuno vandcrblli uharlta tho
larger portion NJ hlH flfh0fa fortune
and becomes practically ihU head W
thu Vanderbilt fumlly The will makes
nnllur Vanderbilt, Ir. and Stiles Wil-
SON. NOR To- any quarrel between father
and Hou because 81 che union. buJ ape
ulrcntly tho fathers dlfuIUHHura was
visited upon the eldest rHn. hH urriV.
lng ~ told, under the iermr of the viii.
but fii01.000. ana ltDUNUu uf this 10
hc held IN trust BY The pNDouioul
Alfred Gwynno Vanderbilt Dr.. ~
courfr. the roHidunry lorutee and viii
IurHpHH fortune nf probably GtnOlu.Uul
70 t'n.g10eo. GLADYS. lt0Einad ana
Gertrude tMrs. Harry PAYNE whit
noyJ viii receive about ttf0O.OO1 each.
But Mr popew states that Aifred eIi
Elvo from hin share enough to Cor.
nolluH 90 make tho latter ua rich aH
hll brother und algtora. Alfred will.
therefore,, turn over Co. Cornelius about
5000 ooo The statement rrnda.
Tho viii Of Cornelius Vanderbilt o.
dated June. 49, 1896. ana tho two cudi-
ellis thereto are dated rcarectivcly.
April o. 1876 and April 4. isgs. ilif
property o. disposed o. under these I'M
Htrumcnta uH follows;
"fitgt "a bcquest 10 MrH Vanderbilt.
his widow. Tor her llfc. of tho dwelling
mousse ana premises on Firm avenue
between Flfty-rovcuth ana FIFTY.
eighth streets. Also tho stable In East
Thirty eighth street. also 600 the house
hold FURNITURE. pictures, silver muHl-
en- iurtrumrntr, works ~ ort and 400
other articles in hlH Residence Iu Now
York, with the power tu hrr DO change
or dispose Of them durlng her lifetime.
From this hcuupFt ia excepted. how
over ancestral portraits and huHtr anl
portraits Uf himself and certain pieces
NJ iow,lrys which are distributed
..NH A a. d
and Gertrude and Glndyr
SECOND, az the death of Mrs Van
dcrhllt The property devised To- her for
ne ia given 90 either Alfred %. or
Reginald O., NE she may appoint hy
her VIII and Va default OF ouch ap-
rulntmcnt u goes 60 tho eldest vi hlH
sons then living, Alfred or Reginald.
ana n neither of them b. living al the
time ~ her death. thcu 10 Gertrude. lf
lvinF and n not. then 10 Gladys In
case neither of said SONS nr dnurhtorn
Hhnll survive his widow then the prop
erty ~ 10 be- divided among the then
living children Of such SONS and
daughters. and n thcnn Do mo- such
grandchildren, then u becomes mart OF
the residunry estate.
Third, n hequost 10 Mrs. Vanderbilt.
q his pew ia Trinity church. Newport.
u. J.. and also all OF his hotsoa. We
hiclca harness. equipments and stable
furniture in his Stables al the time OF
IFS death, excepting such an have been
given during his lifetime 10 his chli-
dren, also his box az the Metropolitan
opera house u given 20 his widow.
Fourth, the residence, land and
property, with an furniture etc. and
contents of the houses and atnbloa at
Newport, H. l.. are glvcn tn Mfu. Van
dcrhllt for her natural lifo ana upon
hcr death Co such one of their children.
Alfred, REGINALD, Gertrude and Gladys.
az ehe may designate by her win and
~ default or such designation tho
same becomes part OF the rcslduary
estate.
"Finh. the Oakland farm IN South
Portsmouth, r. L., with an buildings.
furniture, equipment, live stock uu1u
u q given 70 Alfred a.. absolutely.
sixth. bcqucHt 60 Mrs Vanderbilt
~ a2O0Q,O00 IN securities. or. u rho 90
elect l20ooO00 in money.
seventh, bCquest 10 Mra Wander
hit ~ the annual income of Tho sum
Of t2l0ooo arising from securities to
be Get apart Tor that purpose BY hla cx-
Eighth. at the death Of Mrs. Van
dcrbllt the principal cot apart 10 create
tho Income of $4,000 h iliven 10 Ger
trudc Alfred g.. REGINALD O.. ana
ulhnyH or N any 81 them be- dead 60
their Issue On such proportions nn Mrs
vanderbilt may direct In her Will. and
IN dcinult' or tuch app0rtl0umcut the
same 10 De- divided equally.
Ninth. under q power OF appoint
mont me- TO 5000. 900 held In trust under
his fathers win, he directs that 500
O0g thereof be pnid TO his son Cor
uullua ana the balance thercef ba
equally divided AMONG HE other child
Tenth. u.ooO.oOo 3. given T., HE az.
ccutotn In truHt 10 the uao OF his son
MAJ A NHHa a.
income during his life and upon hla
death the principal 90 to be- divided
into un many hhnroH an he leaves chu.
dfon and held IN trust Tor thom during
the ilfc or tho youngest child living al
the tlmo of the death OF the tostntlr,
the Income meanwhile 70 b. applied 10
their maintenance and support and
upon the death Of ouch child Tho prln-
cipnl 10 be paid over TO tho respective
henehclnriea, but IN cnnr Coruollua
should leave no children surviving him.
or u any child surviving him should
de before receiving bile aharc. then Inc
principal or any unpaid portion thoro-
~ " To become part Of hla residuary
estate, No payment % ruch funds r
10 De made in Anticipation OF Income of
0llunatcd during the lifetime OF the
pcuon entitled to the Income.
Eleventh $50 900 900 iu nocurlilfH Ga
10 be eet apart hy hl1 oXccutom. 90 DO
divided by them Into four cqunl nnrtl
and held ln trust ono part each for tho
use Of hiH children. Gertrude. Aifr.l
Reginald and llalya.thc Income there.
OF to Dr. paid 90 each for lifr and up1n
the death ui the beneficiary the uflu-
cipal Of hiH ur her share 20 be- paid 10
the issue OF such beneficiary lu euch
proportion ao may be appointed by the
VIII and IN default Of such appoint
mont, in equal shares 20 such issue
and failing Issue then tho principal 0f
such rhHrc IL TO be paid 10 tho eur.
vlvors Of tho above named or tholr ~
sue.
"rhcrc 10 further hoqucst OF $780,
600 FOR the erection OF "a bulldlnr Cor
church purposes boz said parish. oon-
tlngent upon lta not having been Greet
ed prior 90 the tcstator'H death. mo
surplus II any, 20 be added 20 the be-
quest last above named.
ALSO the following hequoftf: Yale
university 100000 ST. i.uko'a hnspl-
tai IN New York city, $50, 900; tho Do
nestle aud Foreign Missionary society
OF tho Protestant Epircopnl church.
$4,000; trustees OF the Vanderbilt unl-
vOralty Nashville, TENN 10000. the
Redwood library az Newport. 10000.
the Newport. r. L., hospital. $4,000.
the Christian Home FOR Incorporate
Men OF New York $4,000. the Man
haitian Working Girls society uf the
city OF New York. $4,000. the New
York Bible aud Common Prnyur-Book
society, $4,000
Also the executors are directed 20
my "a Tho Aoelpty Of ga Holm an