Vanderbilt (II)
CORNELIUS, an American capitalist; born in New Dorp, Staten Island, N. Y., Nov. 27, 1843; a son of William Henry; was assistant treasurer of the Harlem railroad in 1865- 1867; treasurer in 1867-1877; first vicepresident of the New York Central railroad in 1877-1885; and chief director of the Vanderbilt system of railroads in 1885-1895, when he retired from business because of failing health. He united with his brothers in a gift of $250,000 for the erection of the Vanderbilt Clinic of the College of Physicians and Surgeons in 1896; presented an addition costing $250,000 to St. Bartholomew's Home in New York City; gave Rosa Bonheur's painting, "The Horse Fair," to the Metropolitan Museum of Art; and was the donor of $100,000 to the fund of the Protestant Episcopal Cathedral of St. John the Divine. "Vanderbilt Hall" to Yale University, and large sums of money to various charitable, religious, and public institutions. He died in New York City, Sept. 12, 1899.
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Vanderbilt (III)
CORNELIUS, III, an American soldier and capitalist; the son of Cornelius Vanderbilt. He graduated from Yale in 1895, and at once became a director in many important financial institutions. He was actively associated in the work of the National Guard in New York City, and at the entrance of the United States in the war with Germany he was appointed colonel of the 102d United States Engineers. In 1918, he was appointed brigadier-general in the National Army. He saw service in France, and at the conclusion of the war was appointed brigadiergeneral of the Officers' Reserve Corps.
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Vanderbilt University
an American educational institution in Nashville, Tenn., originally founded under the name of Central University in 1873. It was the outgrowth of a movement in the Methodist Episcopal Church, South, for higher education. When the first endeavor to secure the means for its establishment was unsuccessful, and the movement seemed to fail entirely, Cornelius Vanderbilt, of New York City, donated $500,000, in consideration of which the institution was named Vanderbilt University. Later Mr. Vanderbilt increased his gift to $1,- 000,000, and his son, William H. Vanderbilt, gave sums amounting in all to $450,000. The university has seven distinct departments, including the academic, medical, theological pharmaceutical, law, dental, and engineering. Reports at the close of 1919 showed: Professors and instructors, 145; students, 785; funds, $1,300,000; president, J. H. Kirkland, LL. D., Ph. D.
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Vanderbilt, Cornelius
Cornelius (1794-1877), the founder of an American family of millionaires. He was born in New York City and died there. When a mere lad he began life by carrying passengers and garden truck between New York and Staten Island . Later he became a steamboat captain and finally the manager and owner of numerous steamship lines between New York and Albany. He also established a line plying to Havre, France. During the gold excitement of California he is said to have made $10,000,000 carrying passengers to the new Eldorado by way of the Isthmus of Nicaragua. Having laid the foundation of his fortune as a steamship owner, "Commodore" Vanderbilt became interested in railroads. He was a heavy stockholder in the New York Central. Under his management the system extended its control as far westward as Chicago, absorbing the Lake Shore and Michigan Central railroads. He is thought to have built up a fortune of not less than $100,000,000. He gave $1,000,000 to Vanderbilt University, a Methodist college situated at Nashville, Tennessee. His oldest son, William Henry, inherited the management of the family property. He extended the Vanderbilt system of railroads, endowed the College of Physicians and Surgeons in New York City, and died in 1885, it was said the richest man in the world. Cornelius Vanderbilt was married twice. The family roll call of the dead and the living January 1, 1906, included twelve children, twenty-nine grandchildren, thirty-four great-grandchildren, and twenty-two great-great-grand-children.
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Vandergrift
a borough of Pennsylvania, in Westmoreland co., about 40 miles east of Pittsburgh , on the Pennsylvania railroad. One of the largest sheet steel plants in the world is located here. Pop. (1910) 3,878 ; (1920) 9,531.
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Vanderlip
FRANK ARTHUR, an New American banker and financier, born in Aurora, Ill., on November 17, 1864. He was reared on a farm and attended a country school only until fifteen, though later he studied at the University of Chicago. As a lad he worked in a machine shop, then became a newspaper reporter and, in 1890, financial editor of the Chicago "Tribune." In 1894, he became associate editor of the Chicago "Economist." Three years later Lyman Gage, then Secretary of the United States Treasury, made him his private secretary; but so conspicuous was his ability that President McKinley appointed him Assistant Treasurer of the United States. From this position he resigned in 1901 to become vice-president of the National City Bank of New York, of which institution he was president 1909-1919 . He was a director in many corporation and a trustee of the Carnegie Foundation, New York University, Massachusetts Institute of Technology, etc. During the participation of the United States in in the World War he was chairman of the War Savings' Commission and personally conducted the sale of the War Savings' Certificates . He traveled extensively in Europe and the Far East since the war and was considered one of the greatest experts on world finance. He was the author of "The American Commercial Invasion of Europe" (1907); "Business and Education" (1907); and "Business and Politics" (1915); "Political Problems of Europe" pe" (1920), besides many articles in financial and economic publications.
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Vandervelde
WILLEM, called THE ELDER a Dutch painter; born in Leyden, in 1610; excelled in marine subects. In the great naval fight between the Duke of York and the Dutch admiral Opdam, Vandervelde sailed between the hostile fleets in a light skiff to mark their positions and observe their operations; and in this manner he is said to have also been a spectator of the memorable three days' engagement between Monk and De Ruyter. He died in 1693. His son, WILLIAM VANDERVELDE, called THE YOUNGER, born in 1633, was himself an admirable marine painter. He died in London, in 1707. an
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