Barclays


Following on from yesterday blog, Swansea Quakers


Silvanus Bevan
Swansea Burgess
This blog is about information about the grandson, of Silvanus Bevan, Swansea Burgess.


Location of Plough Court
Map Engraved for Thorton's New and Complete History and Survey of London and Westminster
Bevan’s son, also Silvanus, apothecary.  Silvanus established the pharmacy, Number Two, Plough Court, Lombard Street.  Silvanus employed his brother Timothy.

Timothy Bevan, married Elizabeth Barclay, daughter of David Barclay. They went of to have children including Silvanus and Joseph Gurney Bevan

Plough Court
1715
Silvanus Bevan was born at the Pharmacy, Number Two, Plough Court, 1743. 

Lombard Street had become the centre of banking in London. 1728, Quaker, John Freame and brother-in-law, Thomas Gould, started to trade during 1690 as goldsmith.  1728, they moved to larger premises, 54 Lombard Street.  At the time people could not read or write, and to establish their business they hang a sign, incorporating a black spread eagle (below).  It is this eagle that is still be used today. 

John’s son, Joseph, took a more active role in the bank.  John’s daughter, Sarah married James Barclay.  James became a partner within the business.  The two families were already well connected, and bank became known as Freame and Barclay. 

Joseph Freame died in 1766, it was his nephews, David, and John Barclay, who inherited the bank. They had disassociated themselves from their father’s linen business and were opposed to slavery.  The bank was renamed during 1776 as “Barclay, Bevan and Bening”. 

The Bevan in the name was referring to David’s nephew Silvanus Bevan.  Barclay, Bevan and Bening” was developed as the Lombard Street node of a network of Quakers country bankers, financing bridge and canals, including, Stockton and Darlington Railway.

The British economy at this time was thriving, due to stable financial institutions, but also to the lucrative slave trade.  Liverpool merchants, involved in the slave trade formed Heywood Banks, which used Barclay, Bevan and Bening as their London agents.  The bank became indirectly involved in financing the slave trade despite reservations of the Quaker’s parents involved in the slave trade. 

Silvanus became a sleeping partner with Barclay and Perkins brewery. 

1797, Barclay, Bevan and Benning became Barclay, Tritton and Bevan.

Silvanus first marriage, 1769, aged 16, to Isabella Wakefield. The marriage only lasted 7 months, when Isabella died of a fever.

Silvanus second Louisa Kendall.  Louisa was the daughter, Henry Kendall, a banker of Lincoln’s Inn Field.  She was not a Quaker.  Silvanus was expelled from Society of Friends. From the marriage there were seven children.

Son David Bevan was a partner with the bank.  However, Richard who also became a banker joined in 1805, Brighton Union Bank, by a deed of co-partnership between William Golding, James Browne, Nathaniel Hall, Richard Lashmar and Thomas West.  The bank became known as Hall, Bevan, West and Bevans.

Silvanus died 1830. 

1888, Barclay, Bevan, Tritton and Co¸ merged with Ransom, Bouverie and Co.  Hall, Bevan, West and Bevans was taken over by Barclay, Bevan, Tritton, Ransom, Bouverie and Co during 1894.  Following further amalgamations, during 1896, the bank changed its name to Barclays and Co.

Finally, 1917, Barclays and Co changed its name to Barclays Bank. 

Riddlesworth Hall, Norfolk
David Bevan, married Favall Bourke Lee.  After the marriage they honeymooned at his father’s house, Riddlesworth Hall, Norfolk.

The marriage produced seven children, including son, Robert Cooper Lee Bevan.

Robert founded Christ Church, Cockfoster.  David who died 1846 is buried here.
Christ Church, Cockfoster
 
David’s brother Richard made charitable contributions to the Widow’s Friend and Benevolent Society.  Richard died 1870 and is buried Brighton’s Extra Mural Cemetery.

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