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.
Russell Ellice
In a number of the schemes which Russell Ellice had an interest in, Edward Ellice's name featured also. Russell Ellice was a Director of the first New Zealand Company and also the second New Zealand Company. In the latter company Edward Ellice is also a Director, as is Edward Gibbon Wakefield.