Encyclopedia > East India Stock Dividend Redemption Act
After the Sepoy Mutiny of 1857, things went downhill for the British East India Company. An engraving titled Sepoy Indian troops dividing the spoils after their mutiny against British rule gives a contemporary view of events from the British perspective. ... The British East India Company, sometimes referred to as John Company, was a joint-stock company of investors, which was granted a Royal Charter by Elizabeth I on December 31, 1600, with the intent to favour trade privileges in India. ...
In 1858, by the Act for the Better Government of India, the Crown assumed all governmental responsibilities held by the company, and its 24,000-man military force was incorporated into the British army. The company was dissolved on January 1, 1874, when the East India Stock Dividend Redemption Act came into effect.
Benjamin Disraeli was the Prime Minister of England at the time and Queen Victoria was the ruling monarch. Queen Victoria was the first monarch to use the title Empress of India from 1 January 1877 Benjamin Disraeli, 1st Earl of Beaconsfield (December 21, 1804 - April 24, British Conservative Prime Minister of the United Kingdom and author. ... Victoria Queen of the United Kingdom of Great Britain and Ireland, Empress of India Victoria (Alexandrina Victoria) (24 May 1819–22 January 1901) was a Queen of the United Kingdom, reigning from 20 June 1837 until her death. ... Signature of King Edward VIII The R and I after his name indicate king and emperor in Latin (Rex and Imperator, respectively). ...
The British EastIndia Company, sometimes referred to as "John Company", was a joint-stock company of investors, which was granted a Royal Charter by Elizabeth I on December 31, 1600, with the intent to favour trade privileges in India.
After the Act of Union in 1800, that joined Ireland into the United Kingdom, the canton of the EastIndia Company's flag was altered accordingly to include the new Union Flag; with the additional St Patrick's cross.
This Act enacted the demand of Lord Cornwallis, that the powers of the Governor-General be enlarged to empowered him, in special cases to override the majority of his Council and act on his own special responsibility.
EastIndia Company, any of a number of commercial enterprises formed in western Europe during the 17th and 18th centuries to further trade with the East Indies.
The EastIndia Company, however, bought control of this new company, and in 1702 an act of Parliament amalgamated the two as “The United Company of Merchants of England Trading to the East Indies.” The charter was renewed several times in the 18th century, each time with financial concessions to the Crown.
In 1784 the IndiaAct created a department of the British government to exercise political, military, and financial control over the Indian affairs of the company, and during the next half century British control was extended over most of the subcontinent.
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