State of New York signed by Frederick W. Vanderbilt - 1920's-1930's dated Various Denominations Bond

$1,000, 5,000, 10,000 or 50,000 Bond signed on unattached transfer sheet by Frederick W. Vanderbilt. Different offices of the State of New York. Available in Olive, Green or Brown. Please specify color.

Frederick W. Vanderbilt (1856-1938) was the seventh of eight children born to William Henry Vanderbilt and the grandson of Cornelius Vanderbilt, the founder of the New York Central Railroad. At the age of 22, he was appointed to the board of directors of the New York Central Railroad, one of several positions he would hold throughout his life.

Frederick attended Sheffield Scientific School at Yale University, graduating in 1878. The same year, he married Louise Anthony Torrance, an act that caused consternation within his family and society as a whole, as Louise was 12 years older and recently divorced from Frederick’s first cousin.

Against his father’s wishes, the couple eloped. By all accounts, they had a happy and successful marriage. Louise eventually won the favor of the family. The couple had no children.

Little is known of their personal life, as they were extremely private members of a very public family. Frederick was the only one of his siblings to increase his inherited fortune. Eventually, he participated in the operation of dozens of railroads and was heavily invested in Western Union.

The couple maintained numerous residences, traveling between New York City townhouses and country estates they either owned or rented. At times, they resided in Paris, Bar Harbor, Maine, the Adirondacks, Newport, Rhode Island, and Hyde Park. Only their home on the Hudson seemed to have any hold on them. They continued to make improvements and increase their time at the estate each year.

Louise Vanderbilt passed away in Paris in 1926. Frederick resided in Hyde Park until his death in 1938. His fortune of nearly $80 million was dispersed to pay estate taxes, fund charities, commemorate a cherished niece, and leave a portion of the money to the employees of the Hyde Park estate.

Read More

Read Less