Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1899-10-27
THE VANDERBILT WILL
Terms Of The Document al
Last Made Public,
MISREPRESENTATION
OF This Amount Alfred GYynue Gets
$50, 100000.
CORNELIUS PRACTICALLY CUT OFF
His share is osIy si,5oo,ooo But
Alfred Makes This s7,ooo,ooo, the
Amount Left to Each of tho oshss-
Children.
PRACTICALLY CUT OFF
Child ren.

! NEW YORK. October Ex-senator De-
pew tonight gave out a statement Of the
terms of the viii OF the hate Cornelius
| Vanderbilt. IL shows that the fortune
is estimated at S7O.0eO,oce. Alfred 0wypns
| Vanderbilt will get about sJDoo0oc0 He
| thus becomes the head Of the family. The
will gives Cornelius Vanderbilt about ST.
10000. II gives 10 each Of his resnah,ing
brothers and sisters about 100000. Al
fred. of course, not included.
out Of the spirit Of Affection. and for
| the purpose OF satisfying all of tho mecs-
bers OF the family, Alfred 0wynne VAN
derbilt gives his brother Cornelius enough
| Of his inheritance TO make his fortune
equal to that OF the other members.
namely, s7.5cOooo
Senator Depew says that Cornelius Van
! derbilt has accepted this arrangement
| in the spirit In which 1t was offered.
The will makes no mention OF the mar
riage of Cornelius Vanderbilt, Jr.. 10 Miss
Wilson, or to any quarrel between father
| and son because of the union. but appR-
rently the fathers displea sure was visit
| ed upon the eldest son. he receiving. all
| told under the terms Of the VIII. but
S,500OoO, and 81, 0@oo0 OF this ~ held In
| trust by the executors.
THE WIDOWS SHARE.
Mrs. Vanderbilt, his widow, is given the
| dwelling house and premises on Firth
avenue, with their contents; also, the
| house and stables at Newport, X. l. she
| Is also given 5000 900 in securities, or, IL
she so elects, S2Ooo00o in money, also,
| the annual income or sum OF S2soc0
arising from securities 20 be set apart
| for that purpose by his executors.
At the death Of Mrs. Vanderbilt tho
principal set apart TO create the income
of S25O.OV0 is given To Gertrude, Alfreo
G.. Reginald c., and Gladys. or, II any
of them be dead. TO their issue In such
proportion as Mrs. Vanderbilt may d.
rect i'm her will. and i'm default of such
opportionment the same 20 be divided
equally. Al the death of MIS-. Vanderbilt
the property devised TO her for life Is
given TO either AIRED @. or Reginald {,
as she may appoint by her will. and In
default OF such appointment it goes to
the eldest OF his sons then living Alfred
or Reginald. and II neither OF them be
living at the time OF her death, then 20
Gertrude, If living, and II not, then 20
Gladys
Ia case neither OF said sons or daugh-
ters shall survive his widow, then this
property is to be divided among the then
living children OF such SONS and daugh-
ters. and If there be no such grandchil-
dren, then It becomes part OF the resi-
duary estate.
REQUEST TO DEPEW.
Senator Depew receives j29O,oOo and n
number Of bequests are made TO religious
and other institutions. The family SER
wants are also remembered.
On the contingency that both Alfred
and Reginald die without issue before
being put into possession OF said estate,
then the testatcrs daughters-Gertrude
and Gladys-are made residuary legatees
in equal shares, their children taking the
parents share i'm case either dies before
thas time.
The executes are directed to pay out
Of the estate all Inheritance, legacy and
transfer taxes chargabe on account OF
any gifts, deyises. or requests under the
law Of the State OF New York. or
OF the United States or any state there
I'm. Alice G. Vanderbilt, the widow. Is
appointed executrix. and the testator's
son. Alfred G. Vanderbilt, William X.
Vanderbilt. Chauncey NJ. Depew. and
Edward W R0sslter are appointed exc
cutors, together with Reginald. who may
qualify as soon as he becomes OF age;
and II - provided that no commission or
compensation shall De paid to any execu-
tor or trustee FOR his services.