He was born in 1884 to Eliza Osgood Vanderbilt (1860–1936) of the Vanderbilt family and William Seward Webb in Burlington, Vermont.
The Wagner Palace Car Company was subsequently merged with the Pullman Company.
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William Seward Webb, M.D. (January 31, 1851 – October 29, 1926) was a businessman, and Inspector General of the Vermont militia with the rank of Colonel.
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The town is named after William Seward Webb, President of the Raquette Lake Transportation Company, the Fulton Chain Railway Company, Fulton Navigation Company, and the Mohawk and Malone Railway; his railroads were instrumental in opening the Adirondacks to the tourism rush of the mid- to late 19th century.
The term of duress was two years in Sing Sing, but Governor William H. Seward pardoned him before he went behind bars, in return for which Webb named one of his sons "William Seward Webb".