See also:CORNELIUS See also:VANDERBILT (1794–1877)
, See also:American capitalist, was See also:born near Stapleton, Staten See also:Island, New See also:York, on the 27th of May 1794
.
He was a descendant of See also:Jan Aersten See also:Van der Bilt, who emigrated from See also:- HOLLAND
- HOLLAND, CHARLES (1733–1769)
- HOLLAND, COUNTY AND PROVINCE OF
- HOLLAND, HENRY FOX, 1ST BARON (1705–1774)
- HOLLAND, HENRY RICH, 1ST EARL OF (1S9o-,649)
- HOLLAND, HENRY RICHARD VASSALL FOX, 3RD
- HOLLAND, JOSIAH GILBERT (1819-1881)
- HOLLAND, PHILEMON (1552-1637)
- HOLLAND, RICHARD, or RICHARD DE HOLANDE (fl. 1450)
- HOLLAND, SIR HENRY, BART
Holland about 165o and settled near See also:Brooklyn
.
The See also:family removed to Staten Island in 1715
.
At the See also:age of 16 he bought a sailboat, in which he carried See also:farm produce and passengers between Staten Island and New York
.
He was soon doing a profitable carrying business, and in 1813 carried supplies to fortifications in New York See also:Harbour and the adjacent See also:waters
.
Recognizing the superiority of See also:steam over sailing vessels, he sold his sloops and schooners, and in 1817–1829 was a See also:captain on a steam See also:ferry between New York and New See also:Brunswick
.
During the next twenty years he See also:developed an extensive carrying See also:trade along
the See also:coast in a See also:fleet which became so large as to win for him the popular designation of " See also:Commodore." In 1849 he got from the Nicaraguan See also:government a See also:charter for a route from See also:Greytown on the See also:Atlantic by the See also:San Juan See also:river and See also:Lake See also:Nicaragua to San Juan del Sur, on the Pacific; and in 1851–1853 by means of this route he conducted a semi-monthly steamship See also:line between New York and San Francisco
.
In 1855–1861 he operated a See also:freight and passenger line between New York and See also:Havre, and by carrying the See also:United States mails See also:free drove out of business his only See also:rival, the See also:Collins line—the See also:Cunard boats being at that See also:- TIME (0. Eng. Lima, cf. Icel. timi, Swed. timme, hour, Dan. time; from the root also seen in " tide," properly the time of between the flow and ebb of the sea, cf. O. Eng. getidan, to happen, " even-tide," &c.; it is not directly related to Lat. tempus)
- TIME, MEASUREMENT OF
- TIME, STANDARD
time in use for the See also:Crimean See also:War
.
In 1857–1862 he sold his steamships and turned his See also:attention more and more to the development of See also:railways
.
In 1857 he became a director, and in 1863 See also:president, of the New York & Harlem railway See also:company, operating a line between New York and See also:Chatham Four Corners, in See also:Columbia See also:county, and he greatly improved this service
.
He then acquired a controlling See also:interest in the See also:Hudson River railway, of which he became president in 1865; and after a See also:sharp struggle in 1868 he became president of the New York Central (between See also:Albany and See also:Buffalo), which in 1869 he combined with the Hudson River road, under the name of the New York Central & Hudson River railroad, of which he became president
.
His acquisition of the Lake See also:Shore & See also:Michigan See also:Southern railway in 1873 established a through line (controlled by him) between New York and See also:Chicago
.
At the time of his See also:death (in New York See also:City on the 4th of See also:January 1877) he owned a See also:majority interest in the New York Central & Hudson River, the Lake Shore & Michigan Southern, the Harlem, and the See also:Canada Southern railways, and had holdings in many others, and his See also:fortune was variously estimated at from $90,000,000 to $See also:Ioo,000,000, about $8o,000,000 of which he See also:left to his son, See also:- WILLIAM
- WILLIAM (1143-1214)
- WILLIAM (1227-1256)
- WILLIAM (1J33-1584)
- WILLIAM (A.S. Wilhelm, O. Norse Vilhidlmr; O. H. Ger. Willahelm, Willahalm, M. H. Ger. Willehelm, Willehalm, Mod.Ger. Wilhelm; Du. Willem; O. Fr. Villalme, Mod. Fr. Guillaume; from " will," Goth. vilja, and " helm," Goth. hilms, Old Norse hidlmr, meaning
- WILLIAM (c. 1130-C. 1190)
- WILLIAM, 13TH
William See also:- HENRY
- HENRY (1129-1195)
- HENRY (c. 1108-1139)
- HENRY (c. 1174–1216)
- HENRY (Fr. Henri; Span. Enrique; Ger. Heinrich; Mid. H. Ger. Heinrich and Heimrich; O.H.G. Haimi- or Heimirih, i.e. " prince, or chief of the house," from O.H.G. heim, the Eng. home, and rih, Goth. reiks; compare Lat. rex " king "—" rich," therefore " mig
- HENRY, EDWARD LAMSON (1841– )
- HENRY, JAMES (1798-1876)
- HENRY, JOSEPH (1797-1878)
- HENRY, MATTHEW (1662-1714)
- HENRY, PATRICK (1736–1799)
- HENRY, PRINCE OF BATTENBERG (1858-1896)
- HENRY, ROBERT (1718-1790)
- HENRY, VICTOR (1850– )
- HENRY, WILLIAM (1795-1836)
Henry
.
He made considerable benefactions to See also:Vanderbilt University, and gave $50,000 during his See also:life to the See also:- CHURCH
- CHURCH (according to most authorities derived from the Gr. Kvpcaxov [&wµa], " the Lord's [house]," and common to many Teutonic, Slavonic and other languages under various forms—Scottish kirk, Ger. Kirche, Swed. kirka, Dan. kirke, Russ. tserkov, Buig. cerk
- CHURCH, FREDERICK EDWIN (1826-1900)
- CHURCH, GEORGE EARL (1835–1910)
- CHURCH, RICHARD WILLIAM (1815–189o)
- CHURCH, SIR RICHARD (1784–1873)
Church of the Strangers in New York
.
His eldest son, WILLIAM HENRY VANDERBILT (1821–1885), was born in New Brunswick, New See also:Jersey, on the 8th of May 1821
.
He was a clerk in a New York banking See also:house from 1839 to 1842, when his See also:father bought him a farm of 75 acres near New Dorp, Staten Island, New York
.
In 186o he was appointed See also:receiver of the Staten Island railway, of which he was elected president in 1862, and which he brought into connexion with New York by means of a line of ferry-boats
.
He became See also:vice-president of the Hudson River railway in 1865, vice-president of the New York Central & Hudson River railway in 186g, and president in See also:June 1877, succeeding his father as president of the Lake Shore & Michigan Southern, the Canada Southern, and the Michigan Central railways
.
He died in New York on the 8th of See also:December 1885
.
His fortune at the time of his death was estimated at $200,000,000
.
In 188o he paid all the expenses ($1oo,000) incident to the removal of the See also:obelisk (" See also:Cleopatra's See also:Needle ") from See also:Egypt to Central See also:Park, New York; in the same See also:year he gave $100,000 to found the Theo-logical School of Vanderbilt University, which his father had endowed
.
In 1884 he gave $500,000 to found a school of See also:medicine in connexion with the See also:College of Physicians and Surgeons in New York
.
By his will he left $200,000 to Vanderbilt University, $100,000 to the Domestic and See also:Foreign Missionary Society of the See also:Protestant Episcopal Church, $1oo,000 to St See also:Luke's See also:Hospital in New York, $Ioo,000 to the See also:Young Men's See also:Christian Association of New York, $1oo,000 to the See also:Metropolitan Museum of See also:Art in New York, $5e,000 to the American Museum of Natural See also:History, $1oo,000 to the Protestant Episcopal See also:Mission Society of New York, and $250,000 in all to various other religious and charitable organizations and institutions
.
William Henry's eldest son, See also:CORNELIUS (1843-1899), became assistant treasurer of the Harlem railway in 1865, and treasurer in 1867; in 1877, after the death of his grandfather, was elected first vice-president of the New York Central, and in 1878 be-came treasurer of the Michigan Central and vice-president and treasurer of the Canada Southern
.
In 1883, under a reorganization of the New York Central and Michigan Central railways, he became chairman of the boards of See also:directors of those two systemsand their responsible See also:head
.
His benefactions included $250,000 (1897) for an addition to St See also:Bartholomew's Hospital in New York; to Yale, $1,500,000, See also:part of which was used in See also:building Vanderbilt See also:- HALL
- HALL (generally known as SCHWABISCH-HALL, tc distinguish it from the small town of Hall in Tirol and Bad-Hall, a health resort in Upper Austria)
- HALL (O.E. heall, a common Teutonic word, cf. Ger. Halle)
- HALL, BASIL (1788-1844)
- HALL, CARL CHRISTIAN (1812–1888)
- HALL, CHARLES FRANCIS (1821-1871)
- HALL, CHRISTOPHER NEWMAN (1816—19oz)
- HALL, EDWARD (c. 1498-1547)
- HALL, FITZEDWARD (1825-1901)
- HALL, ISAAC HOLLISTER (1837-1896)
- HALL, JAMES (1793–1868)
- HALL, JAMES (1811–1898)
- HALL, JOSEPH (1574-1656)
- HALL, MARSHALL (1790-1857)
- HALL, ROBERT (1764-1831)
- HALL, SAMUEL CARTER (5800-5889)
- HALL, SIR JAMES (1761-1832)
- HALL, WILLIAM EDWARD (1835-1894)
Hall (a; See also:dormitory); and $100,000 to the fund for the building of the Episcopal See also:Cathedral of St See also:John the Divine in New York
.
To the Metropolitan Museum of Art in NeW York he presented See also:Rosa See also:Bonheur's " See also:Horse See also:Fair."
See W
.
A
.
Croffut, The Vanderbilts and the See also:Story of their Fortune (Chicago, See also:Ill., 1886); D.W
.
See also:Cross, " The Railroad Men of See also:America," in See also:Magazine of Western History, vol. viii: (See also:Cleveland, See also:Ohio, 1888) ; and See also:Burton J
.
Hendrick, " The Vanderbilt Fortune," in McClure's Magazine, vol. xxxii
.
(New York, 1908-1909)
.
End of Article: