Astor Library him as president. After two years, in 1891, Thomas M. Markoe was chosen to the office, which he held until the 1895 consolidation. John Jacob Astor III, son of William B. and grandson of John Jacob Astor, died in 1890, having served as trustee since 1858 and as treasurer since 1868. By his will, $400,000 was left to the library. As William Waldorf Astor declined to fill the vacancy, the board ceased to have an Astor on it. At the time of consolidation the trustees, in order of seniority, were Markoe, Henry Drisler, John Lambert Cadwalader, Henry C. Potter, Stephen
John Jacob Astor IV patented several inventions, including a bicycle brake in 1898, a "vibratory disintegrator" used to produce gas from peat moss, and a pneumatic road-improver, and he helped develop a turbine engine. Like generations of Astors before him, he also made millions in real estate. In 1897, Astor built the Astoria Hotel, "the world's most luxurious hotel", in New York City, adjoining the Waldorf Hotel owned by Astor's cousin and rival, William. The complex became known as the Waldorf-Astoria Hotel. The Waldorf-Astoria would later be the host location to the U.S. inquiries into the sinking of the RMS "Titanic", on which Astor