Gainesville daily sun. (Gainesville, Fla.) 190?-1938, 1907-07-06
MANY MILLIONS ARE
TO Be Distributed
Division of Vanderbilt Fortune
at Family Fsts.
HUGE sum ron Az VANDERBILT

HUGE sum ron Az vANDgRsiLT
He 10 70 Receive haK ~ the 1seal
Gstats-Miss oIsdys. the vss~osse
Daughter. win oDe prsWesay oun
q 81. 500 900.
New York. July SIT haS beoo
made known that the extensive to-
uvtties now being arranssA ct TAo
Breakers. the Newport homo Of Ars.
Alice @. Vanderbilt. next meath. vtll
be In conjunction With ~ dists1bs.
ton Ut one Of America greatest ~.
tunes.
On the date Of the Este At1o
Gladys Moore Vanderbilt attaias ~
legal age. and under her fatAset
will comes into absolute possessloo
Of the millions left In trust to- ~.
Miss Vanderbilt 10 The youngest
OF the Ave direct aears 70 The vo0l
fortune accumulated BY the third 49,
OF the house Of Vanderbilt.
The Cornelius VaoAsrbalt 1estaDo
vas estimated In value ssvea yoaso
ago. when the will was Alsd. van.
ously at from $50. go go to @l1o.
O0O. 900. Experts vAo have ke0e
track OF the fluctuations u soeaeee1oos
such a. make up the bulk a ~
wealth. say that aside froo IT, Tool
estate holdings the estate b worth 6
least ten per cent more than q -.
resented at the time ol NJ. vaA6eR.
bits death. *.
Incidentally. Mis- 0!aAys vas6ss.
bilt will probably b h her ova sieAe
the richest Eligible yoaas vo0oa =
America. The direct inAss1taAeo 6
81. 500 900 received nader ~ YIN.
with accrued Income. hss boo0 60
skilfu!ly manipulated BY the sDesa.
tors that It j. said to rsprsssoe 80
approximately so. 900 900. A46oo
to this 10 Q oae.foarth intsgo0e -
toe estate OF SO. 900. 900 psovsSs1 ~
her mother. Mrs. Alice q: vaa1ee.
bilt. during her natural nfs. Ta1s
will conservatively bring ths 1ostnao
of Miss Vanderbilt to Sl3. 80 -. 81
A large force OF clerks a. ~
countants hsvs been busy Tor nAay
weeks At the odlces Of the voaoss61k
estate making preparations eos ~
distribution Of the stupsa6oos ~.
tune. Mr.. y. v. w. Rossitee. ~
executor, under vaose direetSSa ~
work 10 being dose. admitted Ut
the task vas not nearly cooptsee1.
Cornelius Vanderbilt. IT,. IL ~
est OF the I'VE heirs. whose lahoso.
lance Of 81 800 600 un0oe Tho ~
was considered . nero Dittasce 80"
pared With the furtunoe roo0ov09 ~
the otner children. will not bess4 u
this settlement. The @o.ooo. -
given to him SHORTLY aftss H. 6seeo
of the senior Vanderbilt By bic beceAr
er. Alfred Gwynne. Who got IL ueaD
share. vas understood q that tiDe =
be all that he vas to expect. 2
Mrs. Henry Payne whitney. ~
was Gertrude Vanderbilt. and Regis
aid C. Vanderbilt. like Cosseans. I
Jr. have but little coming % tAeo
At this time save surplus sccaDol4.
lions from legacies to beooocsosSee
which were never paid BY tas s1ses.
tors on account Of the death II -
legAtees or for other cause.
Reginald will get. II II unuoocaaS-
~ stated. approximately $1.tSe.se.
His sister, Nrs. Whitney. will ~
ceiye much less than . milltoa. U"
dor NE will the inheritance Of tAoos
two children. wA'ch amounted To -
same As that now To De received oy
Gladys. was paid waen they became
y: legal age.
Alfred G. Vanderbilt. ths present
recosnized mead OF the family. Who -
the favored son has already receives
far more Of the fortune len By ~
father than the other children. VIII.
II the forthcoming distribution. ~
,ven more than his sister Gladys.