Foundation
The formation of the company followed considerable lobbying by the South Australian Association, a group consisting of philanthropists, radical thinkers, dissenters and merchants. After a years of negotiation, false starts, changes and amendments to suggested charters, the British Parliament finally gave approval and passed the South Australian (Foundation) Act on 15 August 1834.
The founding Board of directors were George Fife Angas (Chairman); Raikes Currie; Charles Hindley M.P.; James Hyde; Henry Kingscote; John Pirie, Alderman; Christopher Rawson; John Rundle M.P.; Thomas Smith; James Ruddell Todd; and Henry Waymouth; with Edmund John Wheeler, Manager; Samuel Stephens, Colonial Manager; and Edward Hill, Secretary pro tem,
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