Difference between revisions of "W. R. Witt Stephens"
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| − | '''W.R. Witt Stephens''' was the founder of [[Stephens Inc.]] in Little Rock, Arkansas. The company was founded as a bond trading business in 1933. Stephens borrowed $15,000 that Depression year and began buying up municipal, school, and levee bonds at bargain prices. When bond prices rebounded he purchased interest in thirty-seven Arkansas banks. In 1946 his brother Jack Stephens became a partner in the | + | '''W.R. Witt Stephens''' was the founder of [[Stephens Inc.]] in Little Rock, Arkansas. The company was founded as a bond trading business in 1933. Stephens borrowed $15,000 that Depression year and began buying up municipal, school, and levee bonds at bargain prices. When bond prices rebounded he purchased interest in thirty-seven Arkansas banks. In 1946 his brother [[Jack Stephens]] became a partner in the company. |
Stephens purchased the Arkansas and Louisiana Gas Company (Arkla) in 1954. | Stephens purchased the Arkansas and Louisiana Gas Company (Arkla) in 1954. | ||
Revision as of 00:00, 21 April 2008
W.R. Witt Stephens was the founder of Stephens Inc. in Little Rock, Arkansas. The company was founded as a bond trading business in 1933. Stephens borrowed $15,000 that Depression year and began buying up municipal, school, and levee bonds at bargain prices. When bond prices rebounded he purchased interest in thirty-seven Arkansas banks. In 1946 his brother Jack Stephens became a partner in the company.
Stephens purchased the Arkansas and Louisiana Gas Company (Arkla) in 1954.
