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The
Payne - Whitney Family of Cleveland and New York
Page entitled : Harry Payne Whitney
Content of this page is about :
How Harry Payne Whitney reluctantly took over the family's business interest
and through shrewd administration greatly extended the fortune until his
death.
Extract :
…
Cornelius Vanderbilt
Whitney received $1’200’000 in cash plus one quarter of the residual estate
on his 35th birthday and a life interest in another quarter. Each of the
daughters, Flora Payne (Whitney) Tower Miller and Barbara (Whitney) Henry
Peck Headley, received $1’000’000 in cash, plus a life interest in a quarter
of the residual estate. The principal of the three quarters held in trust
were to be distributed to Harry Payne Whitney’s
...
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