Page:The Cyclopedia of India (Specimen Issue).pdf/141

 and was a member at the Ser- ts' lies within thirteen months the date at enlistment. Hr. lung’s mili career continued till I 7. when left the Army with the rank of Stall Quarter- ﬁnals-Sergeant. hath been on the Suﬁ ot the Bombay Army tor nearly four years under their Ex- Cellch Lord Hardinge and the Duke of Connaught. in june 1887 Ir. Hurray returned to Civil lite, mug the South British Insurance zany at Baubay. and assuming the rimming at that Company's Dahlia ' nc in July :888. Int thewastranslerred to the of the Eastern Branch at the Contpany at Calcutta, controlling twenty Agencies, cxtendin to Vladivostoclt. China. Japan. ‘- i ines. CochinChina. ava.Stratts. glen. Burmah. Iadras and the Bengal side oi India. When Mr. H y assumed charge in Calcutta. the ar Eastern hisiness was ot a mall nature and his entire stall

consisted of one

not and six Natives. business has ly developed throughout the ar East. ow' to strict attention to businessa the and liberal manner in which ny adjust and settle all t anployment is [ound seven European Assistants and our 60 Eurasian and Native

3

Company‘s business has been Mendy translated to their new and splendid building in Clive Street. «acted at a coat oi over six lacs ol ro ees. being the ﬁnest edi in that

i if

lodge Grand lodged [length the tamer was constituted in AD.

THE CYCLOPEDIA OF INDIA.

t772andisthe thinlaldestinori ‘n

of preccdence. Hr. Murray is a

a member of the Royal Arch. Mark

and RoscCroixdegreesas well use

lxinalight Templar and a Knight of tn.

The STAKDARD LIFE ASSUR- ANCE COMPAKY is by far the oldest established institution of its kindin lndiaand the East.me it commencedo tions so tar back as r846. Commanding as it does the veneration due to age it must nevertheless on no account he inta- giued tint this long-established concern shows any signs at tailing oft in its Kristine vigour. The pub. lished eports continue to lestily year by war to results such as are achieved by few other Companies, and the unbroken success which has characterised the development ol the Standard's business here and elsewhere must be a source nl great satislaction to all whose interests are bound up with that Companv.

Life Assurance may be regarded as one at Scotland's national ' dustries. and the Standard occu- pies a place in the very lorelront ol the many successlul insurance Institutions ol  It was established in Edinburgh in the year 1825. its original more being " The Lite Insurance Com- pany ol Scotland." and. alter an existence of seven years under this title. in 1832 the present name ol "The Standard’ was adopted—a special Act ol Parlia. ment being passed in that year for conﬁrming the Rulesand Re - lations ol the Company. In t is Act the objects and business of the Companynredeﬁnedtobe“toeﬂect or make Insurances on Lives and Survivorships. to make or elleet all such other Insurances connected with life. to grannpm‘chase. and sell Annuities tor Lives or otherwise. to grant Endowments for children or other persons. and to and sell reversionary Rights and to re- ceive Investments of Honey for Accumnlation.’ lt willthusbeseen that the Standards business is conﬁned to Life Assurance in its various pluses; it does not under- take ﬁre or Marine Insurance. and the whole 0! its Accumulated

Funds, am at the present tune to nearlynzven and a half

anions sterling,fmvaila' ble for of contracts at LiWssurance.

In 1846 the Directors of the Standard. being int with the conviction that Li e Assm'anoe in India and the Colonies might be safely undertaken at rates common. surnte with the risk. turned their attention to the extension of their business to these quarters. and. alter long and rarelul inquiry. resolved to establish a new Com y. havin [or its particular object Colonia and Foreiabusincss.

The " louinl Lite Assurance Company " was then established. and tar twenty years maintained a large business in india and the Colonies. conferring important benefits on many persons whosc families would have been left in povert and dis. tress had they not had t e advan- tage of Lilo Assurance brought borne to them. its progress was most satisfactory in every respect. it realised large Jxoﬁts. in which the olicy- 0| era tmrtictpated. and t secured a large and intlu- ential connection.

In 1865 the Directors 0! the Stand- ard and the Directors of the Colo. nialCompany considered it would be (or the interest ol all connected with these Com anion, seeing that the Direction an Hanageruent were composed very nearly 0! the same muons. to term an amalgamation

tween them. and the junction was completed on 19th March 1866.

The Colonial Company had intro- duced new and important leatures into Lilo Assurance ractice by publishing rates on ulated (or total a residence. and by establish- i encies abroad. thus aﬂording increased (Militia to persons whose views or occu tions mi ht lead them to trnve or reside In other countries. Bv its means also the beneﬁts 0! Llle Assurance were extended to India on such beneﬁcial terms, and under liberal condi- tions as improved knowledge and the circumstances of the times authorised and required. Since the junction ol the two ollices under the name of the Standard. the Indian and Colonial businss has been carried on and extended simultaneously with the Compandy‘s Home business, increasing stea ily and continuously down to the present day.