The Vermont watchman. [volume] (Montpelier, Vt.) 1883-1911, 1899-11-01
Yanderbiit's Will.

NEW YORK, Oct. 26.-Chauncey NJ.
Depew announced tonight the provi-
sions OF the will OF Cornelius Wander
bilt. His statement shows that Alfred
Gwynne Vanderbilt inherits the bulk
of his fathers fortune and becomes
practically the head of the Vanderbilt
family. The will makes no mention of
the marriage of Cornelius Vanderbilt,
IT,, to Miss Wilson, nor to any quarrel
between father and son because of the
union but apparently the fathers dis
pleasure was visited upon the eldest
son, he receiviny, all told, under the
terms of the will but 81 100000, and
81 900 900 of this held in trust by the
executors.
Alfred Gwynne Vanderbilt is the
residuary legatee and will possess
fortune of probably S40,0O0,0O0 to $780,
100000. Gladys, Reginald and Ger
trude (Mrs. Harry Payne Whitney,,
will receive about 81 900 each.
Most remarkable of all, however, is the
statement that Alfred 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 S6,000,0 600.
Specific bequests are made as follows:
civilian Vanderbilt, 500 600; Chaun-
cey NJ. Depew, 100000; Edward V.
W. Rossiter, $50, 900; John Hone,
$4,000; Rev, DR., David H. Greer,
$4,000; Charles c. Clarke, $4,000;
Franklin Allen, S25 900; Maud Gwynne
Shepard, $25 900; John Rutgers Leroy,
$4,000; Charles F. Cox, $40, 900; Ed
gar 7. Chapman, son of Rev. Z I.
Chapman, of Watervliet, N. Y, $4,000;
George r Fearing $40, 900; Rev. DR.. w,
S. Langford, $40 900; George A. War
burton, $40 900; j. r Hatmaker, $1O,-
900; Yale University, 100000; S..
Luke's hospital in New York city,
$50 900; the Domestic and Foreign
Missionary Society of the Protestant
Episcopal church, $50, 900: trustees of
Tenn, $50, 900; the Redwood library
at Newport hospital, $4,000; the
Christian Home for Incorporate Men
in New York, $4,000; the Manhattan
Working Girls' society of the city of
New York, $4,000; the New York
Bible and Common Prayer Book So
ciety, $4,000
A legacy of 100000 is given to the
Young Mems Christian Association of
New YoB, and bequest Of S200,0O0
Is given to The rector, church wardens
and YES rymen of ST. Barlhol Jmew's
church TO be kept invested by them
and the annual income applied to the
missionary work OF the parish. There
is a further bequest of 100000 for the
erection Of building to be used for
church purposes in said parish, con-
tingent upon its not having been erect
ed prior to the testator's death, the sur
plus, if any to be added to the bequest
last above named.
Senator Depew also gave out the fol-
lowing statement regarding the action
of Mr.. Vanderbilt: "When Alfred Van
derbilt returned he decided, from
broth sIly aft ction and for family har-
mony, to take out OF his own inheri-
lance and give to his brother Cornelius,
a sum sufficient TO make the fortune OF
Cornelius the same as that Of his
brothers and sisters. This has been
accepted by Cornelius in the same
spirit. "Ths action was altogether
voluntary" said Senator Depew, "no
threats having been made. OF course
there mi yht have been q contest under
The terms OF the will but there never
WAS a suggestion of one. The whole
thing was done in most beautiful,
brotherly way"
The entire fortune is estimated to be
about S70,000,C00 When some sur
prise was expressed at the smallness of
the amount, Senator Depew said it was
not strange when il is remembered that
Mr.. Vanderbilt had been giving away
perhaps half of his income for the last
twenty-five years.