The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-10-27
RESENTMENT OF ELDER WANDER
BILT AGAINST EsPOUsAL OF
MISS WILSON BY HIS son
RIGHTFUL HEIR is DISINHERITED
CUT OFF WITH A PITTANCE IN
COMPARISON WITH BROIA@aRs
AND SISTERS .---.'
HIS BIRTHRIGHT IS LOST

Because Young Cornelius Vanderbilt
welded the Woman He Loved a
Younger Brother Becomes the
Head of tie Famous House of
Vanderbilt, Receiving S6O,OOO,-
600 of the Fathers wealth.
NEW YORK, Oct 26.-The provisions of
the will of the late Cornelius Vanderbilt
were made public tonight in a statement
by Chauncey NJ. Depew.
Alfred Gwynne Vanderbilt inherits the
larger portion of his fathers fortune, and
becomes practically the head of the Van
derbiIt family The will makes no men
ton of the marriage of Cornelius Wander
bilt Jr., and Miss Wilson, nor to any
quarrel between father and son because
of the union, but apparently the fathers 8
displeasure was visited upon the eldest
son, he receiving all told, under the terms
of the will. but 1900 coo, and $1,000000 of
this is held in trust by the executors.
Alfred Gwynne Vanderbilt is of course,
the residuary legatee and will possess a
fortune of $4,000, ,OCO to O,OOO,OOO Gladys
Reginald and Gertrude CMrs. Harry
d
600 each. But Mr.. Depew states that AL
fred will give from his share enough to
Cornelius to make the latter as rich as
his brother and sisters. Alfred will,
therefore, turn over to Cornelius about
$6O00.OO0 The statement reads:
PROVISION FOR WIDOW.
''The will Of Cornelius Vanderbilt Is
dated June IS, 1896, and the two codicils
thereto are dated respectively April "a,
1897 and April 4, 1899. His property IS
9 disposed of under these instruments as
follows:
"First-A bequest to Mrs Vanderbilt
his widow, for her life, of the dwelling
house and premises on Fifth avenue, be-
tween Fifty-sixth and Fifty-seyenth
streets. Also the stable in East Thirty
sixth street, also all the household furni-
ture, pictures, silver, musical instru-
ments, works of art and all other prop
erty in his residence in New York, with
the power to her to dispose Of or change
them during her life The pictures, busts
pieces of jewelry are distributed among
his children, Alfred Gwynne, Reginald c.,
Gertrude and Gladys.
bilt, the property devised to her for life
is given either to Alfred G., or Reginald
in case of death Of such appointee it goes
to the eldest of his children then living,
If neither of them or their children are
living, then to Gertrude or her children,
If not living then to Gladys.
''Third-A beqUest to Mrs. Vanderbilt
of his pew in Trinity church, Newport, r.
l., and also all his horses, vehicles, har-
ness, equipments and stable, furniture in
his stables at the time of his death. eX-
cepting such as have been given during
his lifetime to his children also his box
at the Metropolitan opera house is given
to the widow.
''Fourth-The residences, land, property,
furniture, contents Of houses, and stables
at Newport are given to Mrs Vanderbilt
for her natural life, and upon her death
to such one Of their children, Alfred,
Reginald, Gertrude and Gladys as she
may designate by her will, and in default
Of such designation the same becomes
part of the reslduary estate.
"Fifth--The Oakland farm. in South
Portsmouth, R. l., with all buildings, fur
piture, equipment and livestock Upon it
is given to Alfred G., absolutely.
- SsTthMA 81 fd6 o6A bequest b to Mrs Vanderbilt
"seventh-A bequest to Mrs. Wander
hiIt Of the annual income or sum of $780,
for that purpose by his executors
Efghth-At the death of Mrs Wander
bit, the PRINCIPAL set apart to create the
Alfred G.. Reginald G.. and Gladys, or if
any of them be dead, to their issue in
such prroportions as Mrs Vanderbilt my
direct in her will. and in default Of any
such apportiOnment the same to be d.
vided equally.
REBUKE FOR CORNELIUS.
'NinthaUnder h - a power of appointment
as as to 100000 held in trust under his
thereof be paid to his son Cornelius, and
the balance thereof be equally divided
among his Other children.
Tenth-One mill on dollars Is given to
ms executors in trust to the use of his
son Cornelius, who is to receive the net
income during his life, and upon his
death income 4 a,
upon MS death the principal is to be di-
V1ded into as many shares as he leaves
children, and held in trust for them dur
ing the life OF the Youngest child living
at the time of the death of the testator
the income meanwhile to be applied to
their maintenance and support, and upon
the death of such child the principal to
be paid over to the respective benefi-
Charles. But. in case Cornelius should
leave no children surviving him, or II
any child surviving him should die be-
fore receiving his share. then the princ'-
pal or any unpaid portion thereof is to
become part of the residuary estate No
payment of such funds is to be made in
anticipation Of income, or alienated dur
ing the lifetime of the person entitled to
'Eleyenth-Twenty million dollars in
securities is to be set apart by his exec
utors to be divided by them into four
each for the use Of his children Ter
trude, Alfred, Reginald and Gladys, the
iIe income d thereof erect to to be paid to each for
fciary the principal of his or her share
to be paid to the Issue of such bene-
fci9rieS In such proportions as NAV ba
appointed by the will, and In default of
such issue Of ether to be divided among
the persons named above or their is.
sue
''TwelftFAThe trustees of the several
trust funds. are authorized in their dis
erection to sell or hold the securities be-
longing to the testator at the time of his
death. and to change investments. and
are directed to invest trust funds arising
therefrom in certain specified securit e5
and classes of investment, with addt-
tional authority to invest in the mort
gage bonds of any railroad approved for
that purpose by all of the executors who
may qualify. They are further direct d
to hold securities in which trust funds
may be invested in their names as trus-
tees for the parties respectively for
whose benefit the trust is created keep
ing each trust separate and distinct.
SPECIFIC REQUESTS
"Thirteenth-Specffc bequests are made
as follows: w K. Vanderbilt, $1C0 000;
Chauncey NJ. Depaw, $500, ,000 Edward V,
w 'ossiter, $4,000; John Hone $50 001:
Rev. David H. Geeer. SO, 900: Charles c..
Clarke $25,0C0; Franklin Allen. S25. cor:
Maud Gwynne Shepherd, $25 900; John
Rutgers Leroy. $20010 Charles F. Cox.
$4,000; Edgar T. Chapman, son of Rev.
E. r. Chapman, Watervlet, N Y, SlO,-
600; George B. Fearing, So 900; Rev. DR..
William S. Langford, $1,000; George A.
Warburton. $4,000; Robert r. McBurney
(dead), $4,000; ]. r. Hattmaker $1,000