NEWARK, N.J., Sept. 11. -- The steam yacht Cherokee ... has been sold by the trustees of the Clark estate to Cornelius Vanderbilt of New York City. The price paid is not stated, but it is said ...

Known as Cornelius Vanderbilt (May 27, 1794 – January 4, 1877), he was an American business magnate who built his fortune by building railroads and shipping companies. Vanderbilt’s early career was ...