In the late 186Os Long Point underwent a legal change with far-reaching consequences. Until then most of it was open crown land; now the larger part became the private property of a group of sportsmen-businessmen, who chartered the Long Point Company.

Although at various times since its formation the Company has been accused, perhaps with some truth, of being a monopoly by which rich men have deprived others of access to the bounty of nature, it has also saved that bounty.