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.
James Clark (businessman)
Together with John Logan Campbell, Gustav von der Heyde, John Shera and others, Clark set up the New Zealand Freight Company in 1872, which amalgamated with the New Zealand Shipping Company the following year. All the Auckland shipping owners combined into one company in 1881, the Northern Steam Ship Company, of which Clark was appointed one of the directors. The depression in the second half of the 1880s affected this company, but Clark managed to the secure the services of a new managing director in 1888 who could turn the situation around.