Show LIT tiTTLE LI VAND R ll T Will COME co ONTO INTO S MIGHTY fORTUN SOON NEW YORK July 6 It G.-It It h has been made known that the extensive festivities festivities festivities ties now being arranged at the Breakers Breakers Break Break- ers the Newport home of Mrs Alice G. G Vanderbilt next month will be in celebration celebration cele cele- bration of the distribution of one of Americas America's greatest fortunes On the day of the fete Miss Gladys Moore Vanderbilt attains her legal age ago and then the strange romance of the millions mil nil lions left by the late Cornelius Vanderbilt Vanderbilt Vander Vander- bilt bUt with which have been mingled all the elements of love revenge revenge- and generosity generosity gener goner will have ended Miss Vanderbilt is the youngest oi of the five ve direct heirs to the vast fortune fortune for for- tune ac accumulated by her father the third head of the house of Vanderbilt The Newport festivities will be the signal for the semi semi final final distribution of this great unit of wealth More Than Vanderbilt fortune was estimated in value seven years ago wh when n the will was filed variously at to Experts who have havo kept track of the of the fluctuations in insecurities insecurities insecurities securities such as mako make up t the e bulk of the wealth say that aside from the thereal thereal thereal real estate state holdings holdings holdings- the the te estate is worth kt at t least 10 per cent more than it represented represented represented rep rep- resented at the time of Mr Vanderbilt's Vanderbilt's Vander Vander- bilts bilt's death Incidentally Miss Gl Gladys dys Vanderbilt probably will be in her own right the richest eligible be young woman in Amer Amer- ica lea The direct inheritance of received under the will with accrued accrued- income has been so BO skillfully manipulated manipulated by the executors that it is said to represent now approximately 10 Added to this is a one fourth interest in the estate of f provided provid d for her mother Mrs Alice G. G Vanderbilt during during- her her ier natural nat natural ural life This conservatively will bring the fortune of Miss Vanderbilt to Off Offended His Hig Father Cornelius Vanderbilt Jr the eldest of the five heirs whose inheritance of under the will was considered considered consid consid- ered a t p- p mere pittance compared with the fortunes received by the other children chil dren drea will not benefit by bythe the settlement He offended hi his father by marrying Miss Grace Wilson The given ven to him shortly after the death of the senior Vanderbilt by his brother Alfred Gwynne who got the lions lion's share was was understood at that time to beaU beall beall be- be all aU that he was to expect These Already Have Theirs Theirs- Mrs Mis s Harry Payne PaYl Whitney who was was' Gertrude Vanderbilt and Re Reginald Renald G C Vanderbilt like Cornelius Jr have little lit littie it tle tie coming corning to them at this time timeS save surplus accumulations from legacies e to beneficiaries which were never paid b bythe by the executors on account of the death deat of the legatees or for other causes Reginald will get it is unofficially said approximately his lis sister Mrs Whitney will receive much less than Under the will the inheritance in o of these two children which amo amounted t to the same as that now to be received by Gladys was paid when they became of legal egal age Alfred G. G Vanderbilt the present recognized recognized recognized rec rec- head of the family who as the favored son has already received far more of the fortune left by his father than the other children will at lit the forthcoming distribution get et even more than his sis sister er Gladys In October the young heir and head of ot the family will have nave reached 30 years rears |