Florence W. Stephens ’17



+++++September 1886, in Brookings, South Dakota


+++++Wilton E. Whiting and Letta M. Davis Hilton Whiting Hawley


  • Tillman Thompson in December 1903; divorced by 1910
  • Guy C. Stephens on 14 October 1912; later divorced


+++++1 daughter, Inga Marie Stephens Pratt Clark, born 8 December 1905, see https://en.wikipedia.org/wiki/Inga_Stephens_Pratt_Clark

Legal Education:

+++++LL.B., Hamilton College of Law, Chicago, Il., 1916

Admitted to Practice:

+++++Illinois 1916
+++++Montana 1917


+++++After practicing law, Ms. Stephens founded her own investment firm, F. W. Stephens Co., in 1928, and Graphic Financial Charts Co., in 1945. The Graphic Financial Chart Company was “a bi-monthly publication devoted to listing, in chart form, the records of stocks on the New York and American Stock Exchanges.”

March 23, 1916 — Santa Ana Register — “Woman Lawyer Not Feminist, She Says”

+++++Chicago – Mrs. Florence W. Stephens, 29-year-old Chicago feminine lawyer, who drove to Chicago from Montana, 1300 miles, in her automobile, passed the Illinois state bar examination and now is ready for practice.
+++++Mrs. Stephens isn’t going into the profession because the other women members of her family have been lawyers, but because of the necessity of earning a living for herself and daughter Marie.
+++++‘The fact that other women members of my family have been lawyers hasn’t much to do with my entering the profession,’ Mrs. Stephens said today. ‘The law is no feminist fad with me. My daughter is eleven years old, healthy, rough on clothes and has a future to be looked after.’
+++++Mrs. Stephens even admits that the law is dry, but that can’t be a hindrance to a woman who has to work, she says. Mrs. Stephens is a native of Circle, Montana. She studied law in Montana until a year ago. She was graduated from the Hamilton College of Law with honors.
+++++Mrs. Stephens’ mother, the late Mrs. Letta M. Hawley of Brookings, Mont., practiced for many years there. Her mother’s mother also was an attorney.”
+++++[Brookings is in South Dakota, not Montana.]

5 May 1917 — Des Moines Register — “Incidental Matters”

+++++“Mrs. Florence Stephens, who is now practicing law in Chicago, but will soon return to build up a practice in her home town of Circle City, Mont., has a little daughter who, if her mother’s plans are carried out, will be the fourth woman in a direct line of lawyers. Mrs. Stephens’ mother was a member of the South Dakota bar, and her grandmother was a French lawyer. She herself is a member of the Chicago Woman’s Bar association which already has a membership of 742.”

15 October 1919 — Butte Miner — “Most Unique Story of Today”

+++++” . . . . The case is being prosecuted by County Attorney Oscar J. Thompson of McCone county, and his assistant, Mr. Hoover. The defendant is represented by Attorney Mrs. Florence W. Stephens and J. A. Slattery of Glendive, a former county attorney of Dawson county. Mrs. Stephens is one of the few woman lawyers of the state who has had considerable experience in criminal law. She formerly practiced in Chicago and a few years ago was president of the Women’s Bar association of Illinois. She comes from a family of female lawyers, her mother and grandmother both having practiced before her. . . .”

2 July 1920 — The Circle Banner

+++++“Candidates for the county offices are beginning to make themselves known and several petitions have been filed. Among the first was that of Florence W. Stephens, Circle’s lady attorney, who filed the 23rd of June for the office of County Attorney of McCone county. Her announcement will be seen in another part of this issue.
+++++Mrs. Stephens is one of the early settlers in this country having filed on a government homestead near Circle in 1910. After proving up on her homestead she completed her law education in Chicago and practiced there under the direction of the best lawyers in the city in order to get her experience before coming back to Circle to open her own office. She enjoys the distinction of being the only lady lawyer practicing in eastern Montana and, judging from her success while practicing here, would make a very capable county attorney if elected.”

20 August 1920 — Circle Banner

+++++“In the present primary campaign the Banner has taken but very little active part, but we wish at this time to say a few words in regards to the candidacy of Florence W. Stephens, who seeks the democratic nomination for the office of county attorney.
+++++Personally we have known Mrs. Stephens for more than seven years or ever since she hit the city of Circle. We have known her while homesteading and farming and later as a business woman and lawyer, at which profession one can truly say she has ‘made good.’ As an indication of her success as an attorney it might be well to mention that so far she has not lost ONE case in district court against the county attorney’s office and we call that a splendid showing besides having been very successful in many other cases.
+++++We feel from experience Mrs. Stephens has gained as a homesteader, business woman and lawyer that she is well qualified to administer the duties of the county attorney’s office in an efficient and satisfactory manner, and confident that she will conduct the affairs of the office fairly and impartially.
+++++Mrs. Stephens has the distinction of being the only lady attorney practicing in eastern Montana. Now then having the qualifications and experience, and a splendid record since practicing law here, why not give her the nomination and then elect her country attorney of McCone county. She came to this section of Montana over ten years ago and was among the pioneer homesteaders, and understands the needs and conditions of this county through actual experience.
+++++Remember her and give her a boost when you go to the polls next Tuesday.”

13 January 1923 — Helena Daily Independent — “Admits Her to Practice”

+++++“Attorney Florence W. Stephens of Circle, was admitted to practice in the United States district court in Montana, in proceedings before Judge W. H. Bourquin yesterday. Miss Stephens was introduced by W. H. Meigs, deputy U. S. district attorney.”

7 February 1923 — Helena Daily Independent

+++++“After listening for a long time to the voices of Secretary Cone and Reading Clerk George Lester, the senate was pleasantly surprised to hear a new voice intoning the dry provisions of measures which were under consideration on general file yesterday. When the house bills were reached, Mrs. Florence Stephens of McCone county, proof-reader for the senate, was asked by Secretary Cone to finish the job for the day. She didn’t hesitate but immediately stepped up and handled the business of the reading clerk in a fashion that indicated she had been a close observer of the work. A bit of inquiry developed the fact that Mrs. Stephens is a graduate of a law school and accordingly familiar with legal phraseology.”

28 March 1923 — Great Falls Tribune — “Woman Attorney Accepts New York Law Position

+++++“Mrs. Florence W. Stephens, well known woman lawyer of this place, left for Buffalo, New York, where she expects to enter the law office of a relative.
+++++Mrs. Stephens is considered an old-timer here. She came here in 1910 and took up a homestead about two miles north of the present site of Circle. After proving up on her claim she went to Chicago where she completed a law course. She then returned to the new town of Circle and built up a law practice.”

30 March 1923 — Circle Banner

+++++“Florence W. Stephens and daughter Marie left last Saturday for Buffalo, N.Y., where Mrs. Stephens has been offered a fine position to take charge of the legal department for a fire adjustment company. Mrs. Stephens has decided to quit her law practice here for a while at least and will locate somewhere in the east, very likely at Buffalo, in order that she may be able to put Marie through college. Mrs. Stephens and daughter Marie have a large circle of friends at Circle and throughout this section, who regret to see them leave, and hope to some day see them back in our midst.”

13 June 1924 — Circle Banner — “Mrs. Stephens Writes Interesting Letter About Trip to Washington”

+++++“Mrs. Rowland Taylor has just handed us the following letter which she has received from Florence W. Stephens, a former Circle attorney who practiced here for several years. As it contains first-hand information in regard to the Senate investigations that Senator B. K. Wheeler has been conducting, we knew it would be of interest to the Banner readers
+++++Buffalo, N.Y., June 2nd, 1924.
Dear Mrs. Taylor:
+++++I have just reached Buffalo after a week in Washington, D. C. where I appeared in the recent postal fraud hearing for some Buffalo clients. While there I made it a point to look up our now famous senator Burton K. Wheeler, and I thot [sic] you folks would be glad to get some first hand information as to what he is doing down there.
+++++Mr. Wheeler invited me in to sit at one of the Daugherty Investigating Committee sessions and I’ll admit I was surprised at some of the evidence given there. I had thot that the newspaper reports were probably exaggerated but sensational as those reports are they do not cover half of the evidence that is brought out at the hearings. I suppose they hardly dare. It involves some of the biggest men in the United States, both financial and political.
+++++I heard the notorious Gaston B. Means testify as to the method used by the Department of Justice in getting information on different public men so they could handle them. Mr. Means is conceded to be one of the most capable detectives in the country and he was ‘on the inside’ on all of the big stuff that was pulled. He told all of it including his part in the various shady transactions, with utter frankness. He has been indicted in New York for some of his work and as a result of his frankness in testifying before the Committee, pressure has been brought to bear, evidently, on the big New York lawyers who were to defend him. The day after he testified they wrote to him and withdrew from his case. It seems he had been warned that this would be the case if he told what he knew. He read the letter from the firm of lawyers at the hearing and remarked, with a smile, that they had not seen fit to return his retainer fee of $2,000, however.
+++++It looks to some of the public, especially those who are getting a little spattered with mud, that too much scandal is being brought to the public notice. However, if things had been cleaned up from time to time there couldn’t be such a mess to straighten up now and the only way to clean up now is to go to the bottom of everything and turn the light of publicity on it. After this mess our officials ought to be good for some time to come. Right now every official in the city of Washington sits up and takes notice when Burton K. Wheeler’s name is mentioned.
+++++That Senator Wheeler has gone ahead with this investigation in the face of all of the pressure that has been brought against him thru personal influence and unlimited resources shows that he is practically fearless and also that his past record must be remarkably clean for there is no question that no stone has been left unturned to ‘frame’ him. The only action that was even started, however, is that Montana indictment from which he has been entirely cleared.
+++++While in Washington I inquired generally as to his standing there and with very few exceptions people tell me that if Mr. Wheeler had been in the Senate one term longer he would have the best kind of a chance for the presidential nomination. There is even talk of it as it is.
+++++Mr. R. A. Haste of Billings is Senator Wheeler’s personal secretary and it is due to his loyalty and the intelligent handling of the details that Senator Wheeler has had the time and the energy to accomplish what he has. I had a nice little chat with Mr. Haste and he remembers the whole bunch out there and inquired after different ones whom he knew.
+++++Washington is a beautiful city. It was my first visit there and my only regret was that I could stay such a short time.
+++++Give my regards to all of my friends.
+++++Sincerely, Florence W. Stephens”

25 January 1925 — Buffalo Courier — “Gifted Portia From Wild West Yearns for Great Open Spaces Where Women Wear Trousers, by Fletcher Pratt”

+++++‘I always wish I could be out in a free country where I can wear trousers,’ says Mrs. Florence Stephens of No. 103 Anderson place, speaking of Buffalo, ‘but I’ve stayed here longer than I have stayed anywhere else in the last fifteen years, so I guess I must rather like the place.’
+++++Well, she has a right to wear trousers if anybody has. She is a practicing lawyer, a member of the bar in three states, and of the federal bar. She was for some time in charge of recording all the bills that passed the Montana state senate, and was the first woman to read the bills in that state. She is the owner of a 320-acre farm in Montana, which she took as a homesteader, building her own house on it, and doing her own farm work while she was studying law for her bar examination.
+++++‘Oh, homesteading,’ she ways, nonchalantly, ‘that was fun. There was nothing to it.’
Month’s Journey on Horseback
+++++She left her law studies in Chicago and her five-year-old daughter there, who was studying to be a trained nurse, and set out on horseback for Montana and the government homestead lands. All their possessions and all their equipment for the homesteading venture was carried on pack horses. The journey took a month and often they were miles from the nearest town, not seeing anything more civilized than a stray house for days. At night they pitched their tent under the stars. In the morning were off again.
+++++At the end of a month of horseback riding they reached the claim sites at Circle, Montana, a town that then consisted on only one house and a store, which was also the post office. The house had been the ranchhouse of an old ranch, the Circle-Bar, from which the town took its name.
+++++‘We pitched our tent,’ says Mrs. Stephens, ‘and slept on the ground until we got our house built. It was sixty miles to the nearest railroad, and there was only one carpenter in the vicinity, so building the habitable house required by the government regulation was a matter of some difficulty, as the whole country is a flat, treeless plain, and all the wood had to be hauled from the railroad.
Built Her Own House
+++++‘I got the carpenter to help me for one day and finished the house myself. It was all built of six-inch flooring stock, the only kind obtainable, and roofed with a car roof. At night in the winter you could look up and see every nailhead in that roof covered with frost.
+++++‘The first year I raised potatoes. The government regulations on homesteading require that forty acres of the 320 must be placed under cultivation and a habitable house built on the land. I arrived there in September and began work on the land in the spring, and the first year didn’t raise anything much but potatoes — about as big as a dinner plate and nearly as thick.
+++++‘The soil there is wonderful. You can raise anything on it, but it was all new land, and that first year I couldn’t do anything more than plow it up and plant the potatoes under the furrows. They flattened right out and grew to prodigious size, but only about an inch thick.
+++++“Of course, cultivating the land out there meant building a fence, too. It is still the wild west there, with cowpunchers and range cattle, just as they have them in the movies, only the cowpuncher doesn’t dress that way at all. The only part of his uniform that is real are the high-heeled shoes. For the rest he usually wears the oldest and dirtiest overalls he can find anywhere.
+++++‘A fence with three barbed wires in it is a “legal fence” and if the cattle break through it you can sue the owner for damages. But a fence of some kind is a positive necessity, for the cattle tramp down and eat everything that isn’t fenced in.
Serenaded by Cows at Dawn
+++++‘There used to be a place right in the lee of my house where the cattle that were roaming around town all the time would collect just before dawn. I think I must have taken a dozen cowbells off cattle there, and the owners would come around innocently the next day and kick about their cows’ lost bells. They would keep you awake all night if you didn’t take them off. when I left there I had a big donation party and gave all their bells back to them, and you should have seen them when I did.
+++++‘Of course things gradually got more comfortable there. I kept getting more stock. I didn’t have anything but some horses when I first went out, and by and by I got a portable pool table and a piano. You can’t imagine what that meant. That piano and the pool table were the first ones in that part of the country, and I can tell you I was the center of attraction there for a long while.
+++++‘It’s still very much the wild west, you see. When they have a dance everyone goes at dusk, and it doesn’t break up till morning. No use of breaking up before, because the roads are a minus quality and, as it’s all open prairie, you couldn’t find your way home before daylight.
Defended Cattle Thieves
+++++‘In 1916 I went back to Chicago and passed my bar examination there. That was where I had started from and where I began my law studies. Then I went back to Montana and was admitted to the bar there and spent most of my time defending horse thieves and cattle thieves. Most of those old-timers would slap a brand on anything that didn’t have one, and steal anything they could get away with.
+++++‘I guess I came naturally by being a lawyer. My mother was a lawyer before me, and I believe she was the first woman lawyer in the state of South Dakota, where we lived at that time. It’s easier being a lawyer in the west, anyway. They don’t have so many darn fool laws, nor so much trouble enforcing those they do have.
+++++‘In 1922 I thought I would come to Buffalo and see what the east looked like, and I have been here ever since. But I’d like to get out once in a while where I could wear trousers and ride a horse again.’”

19 May 1926 — Billings Gazette — “Former Circle Woman Wins Success in N.Y.”

+++++“Mrs. Florence Stephens, former Circle attorney, now of New York City, carried enough breeze with her from the windy little eastern Montana town to make herself heard, seen, and felt in the town made famous by O. Henry and others. A feature article in the New York Telegram tells of her exploits at Albany where she recently spent four months as a lobbyist for the Women’s City club of New York. Mrs. Stephens left Circle in 1925 for Buffalo, N.Y. About a year ago she moved to New York City. She had some legislative experience in Montana as a drafting clerk in the state senate in the 1923 session of the legislature.”

11 January 1931 — Independent Record — “Montana Girl Once on Homestead Makes Good in New York”

+++++“Florence Stephens has been selected as a representative of Montana on a national honor roll of girls who have gone to New York and made good. Miss Stephens’ story, written by Mary Field Parton in the February issue of McCalls magazine, Miss Stephens once was a homesteader near Circle and helped elect Jeannette Rankin to congress and that fall was a bill clerk in the Montana legislature.
+++++Here is what McCalls says in part about the former bill clerk of the senate.
+++++‘Two young girls fresh from college rode horse back into the open ranges of Montana not long ago in search of careers. One had studied law; both were schooled in arts and sciences. Neither knew anything about cattle. But near the tiny town of Circle they staked out a cattle ranch, stocked it and settled down.
+++++‘Florence Stephens the lawyer hung out her shingle and among her first clients was the little country bank. Here she learned her first lesson in finance. She went in for politics helped, elected Jeannette Rankin to congress, and herself went to the state legislature as bill clerk in the senate.
+++++‘Seven years ago with self-earned capital she rode into Wall street New York City, this time unaccompanied and staked her claim. It was hard getting started. Finally she wedged in, was engaged to draw some contracts for a building and loan association. Then she became a free-lance saleswoman on the street.
+++++‘A girl who has fenced her own acres, raised her own cattle, conducted her own practice doesn’t work for others long. Florence Stephens dared to open her own brokerage offices. Today she directs a force of seven saleswomen. She is the only woman in New York who has her own investment security business.
+++++‘F W Stephens Co. say the gold letters on her office door. F W Stephens a small, brown-eyed woman, is adviser to hundreds. She specializes in non-speculative stocks and bonds. And even when Wall street was mad with panic, the girl from the cattle ranges kept cool.'”

18 September 1947 — The Daily Register (New Jersey) –“Highlands Show Place Changed Hands Last Week”

+++++“One of the old landmarks on the banks of the Shrewsbury river at Highlands changed hands recently when Mrs. Maude A. Thompson of Morristown, widow of the late William H. Thompson, former sheriff and surrogate of Morris county, sold her summer residence located at 110 Portland road, to Mrs. Florence W. Stephens of New York city.
+++++Mrs. Stephens, who is a stock market counselor, broker and distributor of ‘Graphic Stock,’ with offices at 15 William street, New York city, is also an attorney authorized to practice in Wyoming, Illinois and New York. She is the owner of a large cattle ranch in Wyoming, and is president of Zonta club, an international organization of women executives.
+++++When alterations are complete Mrs. Stephens will make this her year-round residence. . . .”

February 27, 1955 — Lubbock Morning Avalanche

+++++“Financial Wizard Gave Up Law Career for Wall Street
+++++Head of Investment House Overcomes Prejudice Against Women As Brokers

+++++Mrs. Florence W. Stephens is a small woman entirely surrounded by tall buildings and financial giants — the only woman to run her own investment house in Wall Street.
+++++She’s as familiar with the stock market as another woman might be with a supermarket. Her days are spent advising investors on how to handle their stocks, whether to buy, sell or wait, and acting on their behalf.
+++++Mrs. Stephens has had clients coming to her door since she started the F.W. Stephens Co. in 1928. But in the beginning she found the wizards of Wall Street didn’t want to do business with a woman — not even a woman with clients. She recalled:
+++++‘When I began the business one house didn’t want to put my order through — but it was a struggle between avarice and prejudice, and avarice won. On the other hand, a lot of the houses have been very helpful. I don’t have any trouble anymore.’
+++++‘A great many women — and men, too — feel that a woman at the head of a business will be more sympathetic to their problems.’
+++++One example of how people instinctively trust this grey-haired widow occurred recently when a man whom she knew only by sight accosted her in the corridor.
+++++‘They’re going to sell me out,’ he said.
+++++‘How much do you owe?’ Mrs. Stephens asked the stranger.
+++++‘I don’t know,’ he said, looking at her appealingly. ‘I’m afraid to ask.’
+++++Mrs. Stephens went over the man’s business affairs and straightened the whole matter out with a few well placed phone calls and the sale of 10 shares of U.S. Steel.
+++++Mrs. Stephens never planned for a future in finance. Her mother practiced law and Mrs. Stephens, who was born in Demits, N.D., intended to follow in her footsteps. She graduated from Chicago’s Hamilton College of Law with an LL.B.
+++++She married twice and had one child, Inga, who today is married to Fletcher Pratt, author and historian.
+++++After practicing law briefly in Chicago Mrs. Stephens visited Montana. At least she meant to visit — during her stay she became involved in a somewhat spectacular legal case defending a man who had knocked down a woman.
+++++‘That’s almost as bad as murder out there — they don’t hit their women,’ she explained. Her client was acquitted.
+++++Mrs. Stephens continued practicing law in Montana and while there picked up some financial experience as a bank attorney.
+++++She came to New York because her daughter wanted to study art. At first she worked for a New York brokerage house, but ‘I didn’t care for the type of securities they were handling, so I decided to open my own office,’ she said.
+++++The feminine financial expert is still a lady lawyer, as she has been admitted to the New York bar.
+++++‘Lawyers fight all the time,’ she confided, ‘and I got tired of fighting. I’m not sorry to be doing something more constructive.’
+++++In 1945 Mrs. Stephens founded the Graphic Financial Charts Co., a bi-monthly publication devoted to listing in chart form the records of stocks on the New York and American Stock Exchanges. Today it’s an international seller with subscribers in Europe, Hong Kong and South Africa.
+++++There are still traces of prejudice trailing Mrs. Stephens, however. She is not a member of the New York Stock Exchange. Mrs. Stephens explained why:
+++++‘I think they’d drop dead if a woman applied.’
+++++Out-of-town clients are often shocked to find a woman has been handling their investments and end up by smiling and saying brightly:
+++++‘Isn’t it wonderful — a woman being at the head of a business.’
+++++Her invariable answer is a sharp ‘why?’ No client has yet had the courage to tell her he thought women belonged in the home.
+++++Mrs. Stephens doesn’t have time for hobbies during her working periods but when things get dull she vacations and then her main objective is a place where she can swim to her heart’s content.
+++++‘I’m not a grandmother,’ Mrs. Stephens said with a chuckle, ‘since the only off-spring my daughter and son-in-law have is a small collections of monkeys. I refuse to be grandmother to 10 Marmoset monkeys.”

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