The Canterbury Association was formed in 1848 in England by members of parliament, peers, and Anglican church leaders, to establish a colony in New Zealand. The settlement was to be called Canterbury, with its capital to be known as Christchurch. Organised emigration started in 1850 and the colony was established in the South Island, with the First Four Ships bringing out settlers steeped in the region's history. The Association was not a financial success for the founding members and the organisation was wound up in 1855.