William Elphinstone (13 September 1740-3 May 1834)
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He became a sailor at the age of fifteen, and in 1757 entered the service of the East India Company. In 1785 he obtained the command of a ship, and got £2000 from his granduncle the Earl Marischal to help him in trade. This he made the foundation of a handsome fortune. By his rare ability and energy he rapidly rose in the service, and about 1786 was elected a director of the company. On three separate occasions, 1804, 1806, and 1814, he occupied the position of chairman. He resigned his directorship in 1826 when he was eighty-five.13
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