The Bridgeport evening farmer., 1915-05-11
ssSzzAAk-fl ALTON. MAY BE TOO
 PROUD TO FIGHT'--WilsOn|
A. 6. VANDERBILT LEFT 3 SONS TO. INHERIT FORTUNE

| New York, May 1.-The ln- mediate relatives and representa- l received yesterday by cable no inklng
 of his fate except the press cable l quoting Thomas SideH of this city as t saying that he saw MT. Vanderbilt take off a life belt, place it around a, young woman and go in search of l another belt, a few seconds before | the Lusitania, sank
 Mrs Alfred G. Vanderbilt left the Hotel Vanderbilt, and went to the 1 home of her mother-in-Iaw, Mrs. | Cornelius Vanderbilt, No. l. West Eff Ity-seventh Street. She was informed of MT. shdel1s statement. A repre- lsentative of the family said she had not given up hope.
 Henry B. Anderson, counsel for MT. Vanderbilt, said that so far as he ] knew no extraordinary arrangements had been made frcm this side to search for the body. Charles E. i Crocker, MT. Vanderbilt's secretary, also knew nothing of the report that I the family had requested the a.uthorf- | ties at Washin gton to ask Ambassa- dor Page to charter a tug for that purpose. It was assumed that all l5such efforts would be made under the direction of Walter Webb-Ward, MT. I INanderbi1t's representative in London. MT. Anderson refused to discuss MT. I Vanderbilt's business affairs the dis ! position of his property in the event of his death or the amount of the | estate. Unless MT. Vanderbilt has de- l viated widely from the business poll cy of his ancestors, however, it may be taken for granted that he has
 made a will which gives one of the legatees the. largest part of the for ! tune.
 I His Fathers Will
 It was so with the will of Cornelius 1 Vanderbilt, his father. Alfred
 Gwynne, the second of the sons sur l viving at the date of the will, receiv-
 ed $56, 900, 900 of an estate worth $72,- 100000, according to the appraisal
 made in December, 1900, when it was distributed.
 The estate consisted of s52, ooo. .0oO
 in personal property and $2O, 1000, 900
 personal property were $10.000,0O0 in I New York Central bonds, 20,00O shares of New York Central stock I valued at S2.74o,0oO; 16,2 shares of
 Chicago and Northwestern preferred, I valued at $3,S15 .00O: 4o,6 ,64S shares of New York and Harlem stock; valued I at $8,O00, 900, and Union Trust Com ! pany stock valued at $1.920,0OO
 Though. Alfred G. Vanderbilt in
 herited large blocks of New York l brothers, Cornelius and Reginald, has
 taken any active part in the manage
 ment of the company, nor, for that
 matter, has one of them been a direc-
 tor of the company or any of it's
 principal allied and subsidiary lines.
 The. Vanderbilt family has been rep resented in the Central directorate in
 recent years by William K. Wander
 bilt, uncle of Alfred G., and his sons
 exclusively.
 More Interested in Realty
 Rather than to railroading Alfred IG. Vanderbilt turned his attention to 1 real estate, and it is believed that
 if an appraisal of the estate is neces-
 sary it will be found to consist more
 largely of real estate holdings than
 of railroad or other industrial securi- ties. As disclosed by the manuals his
 only railroad interests were in the l Fulton Chain Railway Company and the Racquette Lake Railway Com
 pany, small lines in the Adirondacks 5 where he had a. camp
 MT Vanderbilt was the sole owner : of the Vanderbilt Hotel, which was : completed three years ago at an esti- f mated cost of $4,0o0,00o, exclusive oi furnishings. He reserved the eigh- ! teenth floor for his own use and ! | made these apartments his New York : residence. He was also the owner o1 : the Vanderbilt Building, Nassau and 2 Beekman street, of Nos. 245-247 : : Front Street and of Nos I53-15E ' South street.
 His greatest real estate interest | however, was an investment estimated ' at $20,000, 900 in the New York Cen. U tral Realty and Terminal Com pany s which has built large and expensive 7. apartment houses in the blocks be r tween Forty-second and FDifftiet t streets and Lexington and Madison !, Avenues. Other companies in whieT e he acquired interest controlled t valuable properties along the Hud e son River and Riverside Drive from It One Hundred and Fourteenth Stree n to Spuyten Duyvt1 and the ShiI
 Canal
 The estate in it's entirety probably q has a value between STE, 100000 anc e $1O0,00o, 900, with the higher figure :. more likely on an appraisal of a nor z nal market for real estate and secur ' ities, and the lower figure probabI, z in the event of an appraisal on tn,
 day of which the Lusitania was de " stroyed. when the market was de
 pressed.
 Three Sons Born to Him le MT. Vanderbilt had three sons
 The eldest: William H., was born il $ 1910, and is now with his mother T Mrs. Ellen French Vanderbilt, il
 Newport, R. I. Since the marriage t.
 Mrs. Smith Rollins McKim there hay,
 been born Alfred Gwynne. Jr., Sept 5. 12, 1912, and George, Sept 24, 1914
 In the event that MT. Vanderbilt $! is lost and his body not recovered st no difficulty is anticipated in securini e probate of will or administration o " estate. There were several sinaiIa ,I cases, notably those of Henry E Ia Harris and Benjamin Guggenhein 1 after the Titanic disaster. In non IT of them were there difficulty in estab
 fishing proof of death
 Max Steuer, who was attorney fo the Harris estate, said last night tha u he presented to the court an affidavi le from a friend of MT. Harris who sa1
 him get in a Ifeboat, and other af
 fidavits showing that he had no
 reached the Carpathia. The Surro B. gate accepted these without question lp Somewhat similar testimony was ac 17 cepted for the probate of Benjani "a Guggenheims will.
 le