New Zealand Company
The New Zealand Company, chartered in the United Kingdom, was a company that existed in the first half of the 1800s on a business model focused on the systematic colonisation of New Zealand. The company was formed to carry out the principles devised by Edward Gibbon Wakefield, who envisaged the creation of a new-model English society in the southern hemisphere. Under Wakefield’s model, the colony would attract capitalists who would then have a ready supply of labour—migrant labourers who could not initially afford to be property owners, but who would have the expectation of one day buying land with their savings.
Auckland Gas Company
The Auckland Gas Company was formed in 1862 as the first joint stock company in New Zealand. It was also the first private services provider in Auckland. In the 1870s, the company bought and developed a large site in Freemans Bay to build a gasworks (roughly on and east of the site of the current New World supermarket), with further buildings (mainly workshops) and offices on Beaumont Street.