The USL originated from a company called McDowell and Company which was formed in India in 1826 by Angus McDowell. Angus McDowell initiated a warehouse near Madras .The company used liquor, tobacco products, and other consumer goods imported into India to serve people from the British Empire. McDowell & Company started its services in 1898, with an initial capital of mere US $13,000 as 4,000 preferred shares and 4,000 common shares of 100 (US$1.60) each. Shareholders of the company included A