William Colville was a merchant in Calcutta, with the firm Colville, Gilmore and Co. (based at 4, Fairlie Place, Calcutta), in partnership with Allan Gilmore, William Fairlie Gilmore, James Pelham M'Kiligin and Graham More Robertson. [Ref: The Bengal and Agra Annual Guide and Gazetteer http://tinyurl.com/qzdqwvn]. It was one of the many business houses based in Calcutta that failed in the commercial crisis of 1847-48 [Ref: David Morier Evans, The Commercial Crisis, 1847-48, Appendix, Letts, Son and Steer, 1849]
Forfarshire Illustrated mentions that Laws was the seat of William Colville, "a splendid mansion, in the style of the age of Elizabeth". Laws once belonged to the 6th Earl of Angus and consequently several other illustrious houses of Scotland. It was eventually sold to Thomas Colville in 1837, who built the mansion William Colville resided in. This mansion was demolished in the 1960s. [Ref: Forfarshire Illustrated, 1843 http://tinyurl.com/qxfdkzd]
The Dundee Advertiser 24th November, 1862 states that Colville went bankrupt in Calcutta and his firm was closed down.
For his family mansion see Forfarshire Illustrated, 1843 http://tinyurl.com/qxfdkzd, and for more information on the clan/family Colville, see http://www.scotweb.co.uk/info/colville.
For some members of the company, see The Bengal and Agra Annual Guide and Gazetteer http://tinyurl.com/qzdqwvn.
For news of his death, see Angus council, http://tinyurl.com/n9w7hb6.
Purba Hossain