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.
New Zealand Company ships
The "Glenbervie" was a 388-ton barque built at Glasgow in 1815 and owned by Russell and Co of Glasgow. She sailed for New Zealand in 1839 under Captain William Black. It was among a group of ships carrying settlers which were to rendezvous at Port Hardy on d'Urville Island on 10 January 1840. They were sent after the "Oriental". The others in the group were the "Adelaide", "Aurora", "Bengal Merchant" and "Duke of Roxburgh". The "Glenbervie" sailed from London on 2 October 1839 as a store ship. At the rendezvous they were be told of their final destination. She arrived at Port Nicholson on 7 March 1840 at about 4pm in the company of the "Tory" and "Adelaide". The "Glenbervie" was carrying the Manager, Clerks, and well-lined safe which was used to set up a branch of the Union Bank of Australia, New Zealand's first bank. In total she carried seven settlers.