A company is formed in Britain for carrying on colonial settler's pursuits

Australian Agricultural Company (AACo). A company is formed in Britain for carrying on colonial settler's pursuits on a gigantic scale. Agriculture and stock breeding are the chief objects, although mining for coals is added. The capital of the association is raised in shares. As private parties obtain their grants of land, so this public company applies for a grant, and has several grants given to it to the extent of a million and a half acres. The first grant, containing 1 million acres, was chosen by Mr Dawson, the original agent, in the neighbourhood of Port Stephens. (Braim, 1846: 62). The land originally provided for the Worimi and Gringai, and the lifestyle that evolved through tens of thousands of years, was swept away through the issue of a new land title.