V. Start Buys Control of Old Insurance Ca.
New York, Oct. 8, Mr. C. V, Start, of Shanghai, has bought control of' the United States Life Insurance Ca, an 8t-year-ole concern with assets of U.S. $6,176,989 more than U.S. $27,000,000 of' insur-lance in force, it was announced here to-day.
Mr. Start said that he intends to extend the operations of the United States Life abroad. The company already is writing business in Canada Tu order to speed up this expansion of operations, one of the company's actuaries, Mr. J. F. R. Loutit, is going to Shanghai in November to study ife Insurance conditions in the Far East from the headquarters there on the Asia Life Insurance Ca,, of which Mr, Start is a director "and was formerly president, Mr, Start said he feels that the present moment offers a splendid opportunity to an American firm the foreign field, most of the major American life ' companies having declined to write business abroad for personnel of the United States Lif result of the passage of contro! fo "the Shanghai insurance man, direction of the company being lett in the hands of the present manage-Mr, Start said,
Text read from the printed page and cleaned; old type leaves the occasional error.