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READYMONEY, SIR COWASJI JEHANGIR (181...

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Originally appearing in Volume V22, Page 940 of the 1911 Encyclopedia Britannica.
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READYMONEY, See also:SIR COWASJI JEHANGIR (1812-1878) , " the See also:Peabody of Bombay." See also:Early in the 18th See also:century three Parsee See also:brothers moved from Nowsari, near See also:Surat, in See also:Gujarat, to Bombay, and became the pioneers of a lucrative See also:trade with See also:China. They gained the See also:sobriquet of " Readymoney," which they adopted as a surname. Only Hirji Jewanji Readymoney See also:left issue, two daughters, the See also:elder of whom married a Banaji, and the younger a Dady Sett. The son of the former, Jehangir Hirji, married Mirbae, the daughter of the latter, and was made the See also:heir not only of his grandfather, but of his two See also:grand-uncles. The younger of their two sons was Cowasji Jehangir. His only See also:English See also:education was at the then well-known school kept by See also:Serjeant Sykes in the Fort of Bombay. At the See also:age of 15 he entered the See also:firm of See also:Duncan, Gibb & Co. as " godown keeper," or warehouse clerk. In 1837 he was promoted to the responsible and lucrative See also:appointment of " See also:guarantee See also:broker " to two of the leading See also:European firms of Bombay. In 1846 he was able to begin trading on his own See also:account. He was made a J.P. for the See also:town and See also:island of Bombay, and a member of the See also:board of conservancy; and in 1866 was appointed a See also:commissioner of income tax, his tactful management being largely responsible for the fact that this tax, then new to Bombay and unpopular, was levied with unexpected See also:financial success. He was made C.S.I. in 1871; and in 1872 he was created a See also:Knight See also:Bachelor of the See also:United See also:Kingdom, and his statue, by T. See also:Woolner, R.

A., was erected in the town See also:

hall. His donations to the institutions of Bombay amounted to See also:close on £200,000. His See also:health See also:broke down in 1871, and he died in 1878, being succeeded by his son, Sir J. Cowasji Jehangir [Readymoney], who was created a Knight Bachelor in 1895, and a See also:Baronet in 1908. See J. Cowasji Jehangir, Sir Cowasji Jehangir Readymoney (189o). (M. M.

End of Article: READYMONEY, SIR COWASJI JEHANGIR (1812-1878)

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