The Bridgeport times and evening farmer., 1922-11-09

senator and Speaker of; the House of Representatives.
 Born In Connecticut
 It was in 1846 that Eliphalet A. Bulkeley became prominently identi- fled with insurance by becoming first president of the Connecticut Mutual Life Insurance company. In 1850 he resigned that position to become associated with the Aetna Insurance company, and three years later, on the incorporation of the Aetna Life Insurance company as a separate and distinct corporation he became it's first president and served the com pany in that capacity until his death in 1872 The steady, substantial growth Of the Aetna Life during the significant early stages of it's existence testify to the sagacity, tire1ess devotion and ad- ministrative ability of it's first chief executive.
 Morgan G. Bulke1ey was born in East Haddam, Conn.,, December 26, 1887. In 1851 he located in Brooklyn, N. Y, and began his business career in mercan ntile house, rising in seven years from the grade of errand boy to partner. At the outbreak of the Civil War he enlisted in the 30th New York Regiment and served with nota- ble ability. After his fathers death Morgan G. BuIkeley located in Hart ford and inm ediately took up many of the business interests that had en- gagged the attention of his father
 Under President Morgan G. Bu1ke- Iey's administration the insurance ac- tivities of the Aetna Life Insurance company were extended, by the creat- ing of two affiliated Aetna companies, to include practically every form of insurance and surety coverage. This expansion, which has kept pace with the increasingly complex needs of the insuring public, reflects the organiz- ing and administrative genius of Ex- Governor Bu1ke1ey. When Ex-Gover- nor Bul1eley became president of the Aetna Life Insurance company, its assets were S25, 900, ,00O. At the time Life and it's affiliated companies had increased to about $220, ,o00,000-
 Elected In 1888
 The Republican State Convention of 1888 nominated him for governor by exclamation, and he was elected in spite of the fact that Democratic Presidential electors were chosen. This office he held for two terms, during which time he brought to the adTni1sRs tration of state affairs that hxity e6 purpose, keenness of insight, vigorous initiative and other qualities that al- ways made him a successful leader of men.
 In 1891, during Governor BuIke1ey's administration, due to the introduc- ton of a new ballot system, there was a prolonged discussion in the General Assembly as to the result of the cleo tions. So much time was consumed that the session closed without the appropriation bills for the ensuing two years having been passed. This left the state in the embarrassing predica- ment of being without funds to meet it's current obligations. With his char acteristic resourcefulness, Governor Bulkeley promptly met the unusual situation by arranging to finance the state with money advanced by the Aetna Life Insurance company. It is interesting to note that when the Re- publican state administration was suc- ceeded by a Democratic, the bills which had been presented by Governor Bulkeley were audited and paid with out a change or correction. It has often been remarked that Governor Bull1eley gave the state a business ad- minfstration, conducting it's affairs as though it were a corporation of which he was the head.
 In 1905 MT. BuIkeley was chosen