The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1899-10-28
COSTLY LITIGATION AVOIDED
q. Vanderbilt, JR. WOULD HAVE
CONTESTED VIII.
Settlement With His Brother Only
Effected After a Long Discussion He
Is Greatly VIII Prob
ably Withdraw from Amy Partioipa-
tiom in Affairs of Vanderbilt Proper
ties.
ties.

Ties.
| New York, Oct, 27.-The provisions of
the will of Cornelius Vanderbilt, which
were made public yesterday excited in
tense interest For certain remarks it
appears that this settlement alone, eff
fected after long discussion, prevented
a contest that might have resulted in
one of the greatest and costliest will lit
igations known. Cornelius Vanderbilt,
ir, when he learned the provisions of
his. fathers will, placed his interests
in the hands of Garter & Ledyard.
They conducted negotiations with Hen
ry B. Anderson, the attorney of Alfred
Gwynne Vanderbilt. While none of
those interested will say just what
was done, enough has been admitted to
indicate that had Alfred not made the
concessions mentioned litigation would
have followed. Cornelius Vanderbilt
was at the Grand Central station yes
terday. Alfred was at Newport. When
Cornelius was seen he dismissed the
subject briefly by saying: Whatever
arrangement may have been made was
effected through my attorneys, Carter
& Ledyard. l have no comment to
make upon the settlement. 1t was
family arrangement and not a gift"
1t was learned from a trustworthy
source yesterday that Cornelius Van
derbilt is much disappointed by his IA
thers will and the attitude in which
he has been placed by his brothers
handsome concession and that he will
withdraw from any further participa-
ton in the affairs of the Vanderbilt
Nan6prhi1t
scribed by those who knew him most
intimately as a reticent young man. He
took his disagreement with his father
much to heart, and after his marriage
tried in every way to overcome the diff
ficulty. He entered the office of the su-
perintendent of motive power of the
New York Central and went to work
to prove his merit. He toiled early and
late. He never asked more than any
other employe He invented a locome-
tive which was successful. He did ev
erything he could to prove to his father
his serious intentions. He never COM
planned and never allowed an oppor-
tunity to pass without trying to secure
re-estabishment of the former cor
dial relations between himself and his
father.
1t is said further he hoped and be-
lieved he had succeeded in gaining his
fathers favor. The two men did not
discuss the subject, but for hours father
and son talked cordially at the Break
ers in Newport, and also in this city.
The young son of Cornelius, jr., was Of
ten taken to the Breakers, and Mr. |
Vanderbilt manifested a keen enjoy
ment in seeing his grandson. 1t is said
that in the light of these talks and
the fondness displayed by his father
for the baby, Cornelius Vanderbilt, jr.. |
believed he had regained his fathers |
favor and would share at least equally
with Alfred Gwynne, shrould he not |
be the chief heir. When he learned the
provisions of the will he was much dis
and troubled. 1t was eaid |
that he would soon retire |
from the place in the New York Central |
office and that he would never attempt |
to have a voice either in the family |
or in the management of the |
enormous Vanderbilt properties.
His plan, 1t was added, was to go into
the banking business as a partner of
his father-in-law, r. T. Wilson. Neith-
ar Cornelius Vanderbilt jr., nor Mr..
Wilson would discuss this statement,
but such action upon the part of Cor
nelius Vanderbilt, ir., is expected by
his relatives and the intimate friends
If the family.