William Devaynes
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William Devaynes (12 October 1730 – 29 November 1809) was an Africa trader, London banker, Government contractor, director of the
East India Company The East India Company (EIC) was an English, and later British, joint-stock company founded in 1600 and dissolved in 1874. It was formed to trade in the Indian Ocean region, initially with the East Indies (the Indian subcontinent and Southea ...
, the Africa Company, the Globe Insurance Company, and the French Hospital and also five times Chairman of the East India Company. He was also for more than 26 years an undistinguished
Member of Parliament A member of parliament (MP) is the representative in parliament of the people who live in their electoral district. In many countries with bicameral parliaments, this term refers only to members of the lower house since upper house members of ...
in turn for
Barnstaple Barnstaple ( or ) is a river-port town in North Devon, England, at the River Taw's lowest crossing point before the Bristol Channel. From the 14th century, it was licensed to export wool and won great wealth. Later it imported Irish wool, bu ...
and
Winchelsea Winchelsea () is a small town in the non-metropolitan county of East Sussex, within the historic county of Sussex, England, located between the High Weald and the Romney Marsh, approximately south west of Rye and north east of Hastings. Th ...
.


Huguenot origins

Devaynes was baptised at
St Martin-in-the-Fields St Martin-in-the-Fields is a Church of England parish church at the north-east corner of Trafalgar Square in the City of Westminster, London. It is dedicated to Saint Martin of Tours. There has been a church on the site since at least the mediev ...
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25 October 1730. He was the fifth of six children baptised there for
Huguenot The Huguenots ( , also , ) were a religious group of French Protestants who held to the Reformed, or Calvinist, tradition of Protestantism. The term, which may be derived from the name of a Swiss political leader, the Genevan burgomaster Be ...
peruke A wig is a head or hair accessory made from human hair, animal hair, or synthetic fiber. The word wig is short for periwig, which makes its earliest known appearance in the English language in William Shakespeare's ''The Two Gentlemen of Verona ...
maker John Devaynes and his wife Mary, only surviving child of London's
City Remembrancer The Remembrancer is one of the City of London Corporation’s Chief Officers; the role dates back to 1571. His traditional role is as the channel of communications between the Lord Mayor of the City of London, Lord Mayor and the City of London on ...
, William Barker. An elder brother, John Devaynes (1726-1801), was apothecary to King George III and Queen Charlotte from 1761 to 1795. He appears in Boswell's Life of Johnson as "that ever-cheerful companion Mr Devaynes, apothecary to his Majesty" and was the Devaynes of Messrs Devaynes & Hingeston, court apothecaries, married to Juliana sister of Chambre Hallowes, son-in-law of
Edward Lovett Pearce Sir Edward Lovett Pearce (1699 – 7 December 1733) was an Irish architect, and the chief exponent of Palladianism in Ireland. He is thought to have initially studied as an architect under his father's first cousin, Sir John Vanbrugh. He is be ...
. Devaynes and his first wife, Jane Wintle, had a daughter (Harriott Augusta born 1773 who married Thomas Monsell). They also had a son William Devaynes, born September 1783, who had children but died just 12 months after his father, 8 December 1810, aged 27. William and Jane married on 15 January 1782. Mary Wileman, his second wife whom he married 3 February 1806, was said to be 60 years younger than he was. He is reported to have made a settlement on her by which it was in her interest to keep him alive as long as she could and that proved to be almost four years. He died 29 November 1809 aged 79.
Years later on 13 April 1813 at Marylebone Mary married Serjeant Thomas Wilde who late in life was made
Lord Chancellor The lord chancellor, formally the lord high chancellor of Great Britain, is the highest-ranking traditional minister among the Great Officers of State in Scotland and England in the United Kingdom, nominally outranking the prime minister. The ...
and 1st Lord Truro. She bore Wilde a daughter and two sons. Devaynes was also survived by an illegitimate daughter and grandson, William Devaynes of Liverpool.


Africa

He was a director of The
African Company of Merchants The African Company of Merchants or Company of Merchants Trading to Africa was a British chartered company operating from 1752 to 1821 in the Gold Coast area of modern Ghana, engaged in the Atlantic slave trade. Background The company was establ ...
. During Parliament's discussion of the slave trade Devaynes made various statements about West Africa: :that there "
sugar Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double ...
grew almost spontaneously"; :that he had lately returned from the
Gold Coast Gold Coast may refer to: Places Africa * Gold Coast (region), in West Africa, which was made up of the following colonies, before being established as the independent nation of Ghana: ** Portuguese Gold Coast (Portuguese, 1482–1642) ** Dutch G ...
; :that he had long experience as an agent in
Dahomey The Kingdom of Dahomey () was a West African kingdom located within present-day Benin that existed from approximately 1600 until 1904. Dahomey developed on the Abomey Plateau amongst the Fon people in the early 17th century and became a region ...
and the Kingdom of Dahomey he described as the most oppressive tyranny on earth. It seems he spent his early years in
Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierra ...
; in his will he made provision for a mulatto daughter.


Banker

Banking was his core occupation. After he had risen to senior partner his firm, which operated from 39
Pall Mall, London Pall Mall is a street in the St James's area of the City of Westminster, Central London. It connects St James's Street to Trafalgar Square and is a section of the regional A4 road. The street's name is derived from pall-mall, a ...
, was known as Devaynes, Dawes and Noble. Devaynes died a rich man. However his estate remained a partner in the bank and a year after his death his banking house was bankrupt. Consequential litigation involving his heirs was to persist for 30 years after his death.


Clayton's case

Part of the litigation gave rise to ''the rule in Clayton's case'' still commonly applied in the 21st century arising from the judgment by Sir William Grant in
Devaynes v Noble ''Devaynes v Noble'' (1816) 35 ER 781, best known for the claim contained in ''Clayton's case'', created a rule, or more precisely common law presumption, in relation to the distribution of money from a bank account. The rule is based upon the d ...
. Devaynes in this case was the son 1783-1810 and Noble was his father's former partner in the bank. Clayton was a depositor of the failed bank who hoped for funds from the deceased partner's estate.A G Salmon, ''The History of Wilde Sapte'', Redwood Burn, Trowbridge, 1985


India

Devaynes was active in the East India Company being chosen by his fellow members of the court of directors to be chairman five separate years. He was a friend of
Warren Hastings Warren Hastings (6 December 1732 – 22 August 1818) was a British colonial administrator, who served as the first Governor of the Presidency of Fort William (Bengal), the head of the Supreme Council of Bengal, and so the first Governor-Genera ...
.


American wars

Between 1776 and 1782 Devaynes and MPs John Henniker (1724-1803) and
George Wombwell George Wombwell, (24 December 1777 at Dudnorend, near Saffron Walden – 16 November 1850 at Northallerton), was a famous menagerie exhibitor in Regency and early Victorian Britain. He founded Wombwell's Travelling Menagerie. Life and wor ...
(1734-1780) together with
Edward Wheler Edward is an English given name. It is derived from the Anglo-Saxon name ''Ēadweard'', composed of the elements '' ēad'' "wealth, fortune; prosperous" and '' weard'' "guardian, protector”. History The name Edward was very popular in Anglo-Sa ...
(1732-1784) of Wheler Higginson & Co held army victualling contracts for 12,000, sometimes 14,000 men. Like Devaynes, Wombwell and Wheler were directors of the East India Company.


Parliament

In the House he invariably voted with the Government. He spoke very rarely.


References

{{DEFAULTSORT:Devaynes, William 1730 births 1809 deaths 18th-century British people 19th-century British people British bankers Directors of the British East India Company Members of the Parliament of Great Britain for Barnstaple British MPs 1768–1774 British MPs 1774–1780 British MPs 1780–1784 Members of the Parliament of the United Kingdom for Barnstaple UK MPs 1801–1802 UK MPs 1802–1806