The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-03-13
COrnelia. 12 Years Old, to Have
Biltmore, S5.OOO,OOO and
the Residue.
pJSGAH FOREST TO WIFE
She Also Receives Houses in
Bar Harbor and Washing
ton and Cash.


vh,ch was filed for probate yesterday
srernoon. leaves the bulk Of his estate.
including Biltmore, the country place at
Asheville N. C. to his twelve-year-o'o
daughter, Corneila Stuyvesant vanderbilt
She also gets the principal OF a trust
fund OF IS, o0o, 900 left to him under the
will OF his father and over which ne
had the power OF appointment.
The will makes no public requests
and only one legatee Is named VINO Is not
In some way related to the tcstator. The
value Of the estate Ii not mentioned. but
II has been estimated at more than $780,
ooo. 900.
Tho widow, Mrs. Edith stuyvesant Van
derbilt, gets all the rea, estate at Bar
Harbor. Me, consisting OF about thirty
acres Of land. and all buildings and per-
sonai property on the land. She also
gets the new residence at 1912 X street,
~ w, Washington. u. C.. with furniture
and other contents OF the house and
garage. all the automobiles. horses. car
riages. clothing. jewelry and other per-
sonal effects and M vanderbilts por-
trait by whistler
wife Gets Pis1ah Forest.
Mrs. Vanderbilt also receives &25o,ooo
| in cash, n life interest in a trust fund
Of 81, ooo, 900. over which she has power
! OF appointment and that part OF the
| teststors real estate In North Carolina
known as Pisgah Forest. consisting OF
| about 10000 acres, together with exist
ing contracts for the sale OF lumber. which
are estimated to produce about $4,000
year
! Mr.. Vanderbilt also left TO his dauGh-
ter, Cornelia, the portrait Of her mother
| by Whistler The directions concerning
| his residuary estate. which is left TO his
daughter. are to the effect that the entire
| residue, including Bitmore, Is to he held
in trust for the daughter until she IL %
years old. when she Is to have the prop.
erty absolutely.
The will provides that during her
minority as much of the income as the
executors deem proper shall be paid foi
her maintenance and education and the
accumulated income paid over to her wher
she reaches the age Of 81 Thereafter she
is to have all the income until she il %
when she gets the principal 1f she diet
before reaching the age OF 20 the estate
goes TO such persons as she names in mel
will Surrogate Fowler yesterday appointed
Eger,on Winthrop. Jr.. guardian 10 receive
citations on the probate OF the viii u
behalf OF the daughter.
II was said yesterday that Mr.. Van
derblts most valuable paintings ant
books are at the Biitmore. and thus be
come the property OF his daughter. Tit
will. which was drawn December Is las
In New York city. describes Mr.. Wander
blt as a residept OF New York city. ant
| makes his wife and his brother. W.
Vanderbilt. executors and trustees will
power to sell any part OF the real estate
Under this clause the executors will have
! 49, art NJ In
more estate in spite OF the fact that 1t II
left in trust TO the daughter until she Il
% when she gets II outright
some Minor B~auests.
Mr.. Vanderbilt lief, to his niece, Marit
Louisa Schieffein. wife OF William Ia,
Schienelin. a portrait Of his sister. Mrs
Elliott r.. Shepard, by Sargent. and eav'
to his niece. Freder icka Pulitzer. daughte
!, OF Dr. Seward Webb and wife of Ralpl
Pulitzer. her portrait by Porter, both o
which are at Biltmore.
, The will leaves $4,000 a year TO Charlie
MoNsmee and the same amount to hi
, wife. Julia Lord McNamee. Talbot Roo;
who had charge of Mr.. Vanderhilts rea
estate on Staten Island, gets $1,000
: year. and a similar bequest goes to Geors
= v. Caesar. Bernard V. Eckhout get
$1,000 a year during his minority, whicl
\ sum is to be paid over to his mother II
I Is said TO be the only legatee not relste
+, to Mr. Vanderbilt.
. After making the IS. 900 00O trust he
I quest to his daughter. Mr.. Vanderbilt pro
= vided that II he left son or sons sur
= viving him each was to receive 81, 900, 90
Y Of the principal. except the oldest sor
q who was 20 get the balance. He the
r said that II he left two or more daugh
, ters surviving him but no sons eac
n was to get $1,000 900 OF the fund excep
/. the oldest, VINO was TO receive the bal
ance.
:. The Blltmore estate consists OF abo,
. 5000 acres. OF which IL. 900 acres ma
. be considered as part Of the chatea
:, proper. willed to his daughter. OF tn
remaining 1850 acres so, 900 acres cor
: st!tute Pisgah Forest. bequeathed to II
u widow. Estimates Of the value OF tn
" property vary. but the timber OF Pisga
Forest has n commercial value OF Sl2t
e an acre, based on contracts let to tw
X lumber companies about two years ag
This income will be paid In twenty eau,
. payments, leaving the land to the estat
d Bltmore House Is generally valued
: five millions. and the land surroundir
l. ranges in value from $3.50 an acre
$500 an acre for the land near Ashevill
j. Bltmore village, with its hundred co
e tages, Ii worth about three-quRrters
d y million.