William Hunt (businessman)
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Sir William Duffus Hunt (2 December 1867 – 18 September 1939) known before his knighthood as W D Hunt, was a leading New Zealand businessman of the first half of the 20th century. With his partner James Johnstone, he built one of Australasia's leading
stock and station agencies In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company ...
, Wright Stephenson & Co.


Early life and family

New Zealand-born of
Gloucestershire Gloucestershire ( abbreviated Glos) is a county in South West England. The county comprises part of the Cotswold Hills, part of the flat fertile valley of the River Severn and the entire Forest of Dean. The county town is the city of Gl ...
wool-growing stock Hunt was the only son and eldest child of John Hunt, a farmer and early settler at Oruru, Northland, and his wife Maria Frances,Maria Frances Duffus was a descendant of Josiah Paul Tippetts of
Tetbury Tetbury is a town and civil parish inside the Cotswold district in England. It lies on the site of an ancient hill fort, on which an Anglo-Saxon monastery was founded, probably by Ine of Wessex, in 681. The population of the parish was 5,250 in ...
Gloucestershire. Josiah Paul Tippetts changed his surname to Paul (his mother's maiden name) becoming Josiah Paul Paul after inheriting Highgrove from his Uncle John Paul. Maria Frances's line of descent was Josiah Paul Paul (Tippetts) - son Robert Clark Paul (Tippetts) - daughter Maria Harriet Paul married John Duffus from Jamaica on 26 April 1830 in Tetbury
daughter of
Jamaica Jamaica (; ) is an island country situated in the Caribbean Sea. Spanning in area, it is the third-largest island of the Greater Antilles and the Caribbean (after Cuba and Hispaniola). Jamaica lies about south of Cuba, and west of His ...
-born
Etonian Eton College () is a public school in Eton, Berkshire, England. It was founded in 1440 by Henry VI under the name ''Kynge's College of Our Ladye of Eton besyde Windesore'',Nevill, p. 3 ff. intended as a sister institution to King's College, ...
Rev John Duffus M A, vicar of St Andrew, Mangonui. He was born on 2 December 1867 in Oruru, Northland,
New Zealand New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
. Hunt married twice. At Gore on 20 December 1894 he married Ismene Helena Stanley. Ismene had a daughter and a son before she died in May 1900. Two years later, 15 May 1902, Hunt married Jessie Belstead Edwards in Adelaide, South Australia. There was just one child of the second marriage, a second son.


Career


Recruit

William Hunt joined stock and station agency
Wright Stephenson Wright Stephenson was a stock and station agency founded in Dunedin, New Zealand, in 1861. Foundation and development The business was begun in 1861 as Wright, Robertson, & Co. by partners John T. Wright and Robert M. Robertson as a result of ...
proper in 1891. His ability was recognised by Johnstone much earlier when he was employed by them for just two months at shearing time on Wright Stephenson-managed Blackstone Hill station in the Maniatoto. Though only 17 he was kept on at the station as a permanent shepherd and soon took over the bookkeeping of the station and then its management. When Blackstone Hill station was subdivided in 1891 23 year old Hunt organised the muster and auction of the tens of thousands of sheep on the property. He was also required to act as auctioneer in the absence of George Stephenson of Wright Stephenson. J A Johnstone who had personally clerked the sale was so impressed he offered Hunt a position on the staff of Wright Stephenson & Co.''A Century's Challenge'', J C Irving and L A T Bell, Hutcheson Bowman, Wellington, 1961


Gore

The same year the partners in Wright Stephenson decided it was time to open their first branch. They chose
Gore Gore may refer to: Places Australia * Gore, Queensland * Gore Creek (New South Wales) * Gore Island (Queensland) Canada * Gore, Nova Scotia, a rural community * Gore, Quebec, a township municipality * Gore Bay, Ontario, a township on Manitouli ...
on the banks of the
Mataura Mataura is a town in the Southland region of the South Island of New Zealand. Mataura has a meat processing plant, and until 2000 it was the site of a large pulp and paper mill. Geography Mataura is situated on and the Main South Line railwa ...
river and sent William Hunt to organise it though within three years times had become so hard it was deemed prudent to close Gore and confine operations to
Otago Otago (, ; mi, Ōtākou ) is a region of New Zealand located in the southern half of the South Island administered by the Otago Regional Council. It has an area of approximately , making it the country's second largest local government reg ...
. In spite of their difficulties Hunt's well chosen Gore customers all settled their accounts in full. In 1896 the government resumed borrowing overseas making advances to settlers on freeholds and long term leaseholds at moderate interest rates and the farming outlook improved. Gore was re-opened and another branch opened at Invercargill, Hunt being made responsible for all
Southland province The Southland Province was a province of New Zealand from March 1861, when it split from Otago Province, until 1870, when it rejoined Otago. History Following the passage of the New Zealand Constitution Act 1852 by the British Parliament, New ...
. Johnstone remained in Otago.


Control of Wright Stephenson

When the founding partners withdrew from the firm with the turn of the century Johnstone and Hunt acquired the major holdings of the shares in the firm. As the rabbit pest was brought under control their customers began to prosper once more and Wright Stephenson was incorporated as a public company in 1906. The initial directors were J A Johnstone (chairman) Hunt and P L Wright, Johnstone and Hunt were joint managing directors. In early 1907 Johnstone's health failed and he took 12 months leave to recuperate. Over that time W D Hunt acted as Chairman as well as sole managing director and when Johnstone returned to work he resumed the joint managing directorship but he acknowledged William Hunt's achievements and Hunt stayed Chairman of Directors. Hunt managed to visit every one of his firm's branches each year.


Wellington

Wright Stephenson's activities spread across New Zealand and into all farming areas. Rapidly becoming a major national business they merged with Wellington's W & G Turnbull and Co and W Gunson and Co in Auckland. It became clear a central location was necessary and in 1917 the Head office left Dunedin for Wellington. In 1920 the Abraham and Williams business covering Manawatu- Rangitikei and adjacent districts came under their expanding umbrella. The sale of new motor vehicles and their servicing was added as were the provision of all farm requirements including bulk groceries and home appliances. It seemed that everything might be supplied until staunch lifetime
prohibitionist Prohibitionism is a legal philosophy and political theory often used in lobbying which holds that citizens will abstain from actions if the actions are typed as unlawful (i.e. prohibited) and the prohibitions are enforced by law enforcement.C Canty ...
Hunt felt obliged to draw the line at the last commodity they might sell. Wright Stephenson stocked no alcohol of any kind. After the end of World War I a new
stud Stud may refer to the following terms: Animals * Stud (animal), an animal retained for breeding ** Stud farm, a property where livestock are bred Arts and entertainment * Stud (band), a British progressive rock group * The Stud (bar), a gay bar ...
department for all pedigree livestock soon extended to importing and exporting. An annual sale of
thoroughbred The Thoroughbred is a horse breed best known for its use in horse racing. Although the word ''thoroughbred'' is sometimes used to refer to any breed of purebred horse, it technically refers only to the Thoroughbred breed. Thoroughbreds are c ...
yearlings was established in 1927 which brought buyers from all over the world.


Activities away from Wright Stephenson


Meat Board (1922) and Dairy Board (1923)

Hunt was the Stock and Station Agency industry representative on both the
New Zealand Meat Producers Board The New Zealand Meat Board is a statutory body which provides quota management on behalf of the Crown for meat exports to the United States, European Union and United Kingdom. To protect their own livestock industry these countries give limited ac ...
and the
New Zealand Wool Board The New Zealand Wool Board was established in 1944 under the Wool Industry Act.Julian Roche, p180, ''The International Wool Trade'', Woodhead Publishing, Cambridge, England, 1995 McKinsey & Company published a report in 2000 that sparked two ye ...
. The business of each board was central to his core business marketing farm produce.


Directorships

Directorships held by Hunt included: *
AMP Society AMP is a financial services company in Australia and New Zealand providing superannuation and investment products, financial advice, and banking products (through AMP Banking) including home loans and savings accounts. Its headquarters is in ...
New Zealand branch, there was always a close association between the firms *
New Zealand Insurance NZI or New Zealand Insurance is a major insurance company in New Zealand. NZI was formed in Auckland by 1859 as the New Zealand Insurance Company and is one of New Zealand's largest and longest-serving fire and general insurance brands. In a ...
;Commissions and other boards * 1912 Public Service Commission * 1917 National Efficiency Board * 1924 Royal Commission on taxation * 1930 chairman Committee on Unemployment


Honours and awards

In the 1932 King's Birthday Honours, Hunt was appointed a
Knight Bachelor The title of Knight Bachelor is the basic rank granted to a man who has been knighted by the monarch but not inducted as a member of one of the organised orders of chivalry; it is a part of the British honours system. Knights Bachelor are the ...
, for public services. In 1935, he was awarded the
King George V Silver Jubilee Medal The King George V Silver Jubilee Medal is a commemorative medal, instituted to celebrate the 25th anniversary of the accession of King George V. Issue This medal was awarded as a personal souvenir by King George V to commemorate his Silver J ...
.


Private life

Until he moved his family to
Wellington Wellington ( mi, Te Whanganui-a-Tara or ) is the capital city of New Zealand. It is located at the south-western tip of the North Island, between Cook Strait and the Remutaka Range. Wellington is the second-largest city in New Zealand by me ...
in 1917 he lived in
Invercargill Invercargill ( , mi, Waihōpai is the southernmost and westernmost city in New Zealand, and one of the southernmost cities in the world. It is the commercial centre of the Southland region. The city lies in the heart of the wide expanse of t ...
where he ran stud Friesians and stud Romneys. On making the move he gave their Invercargill home to the
Plunket Society The Royal New Zealand Plunket Trust provides a range of free services aimed at improving the development, health and wellbeing of children under the age of five within New Zealand, where it is commonly known simply as Plunket. Its mission is "t ...
, he was chairman of Plunket's specialist manufacturing operation. He was a keen deer stalker and fly fisherman.


Death

Before the outbreak of war in 1939 he travelled from London to Wellington by air and contracted
meningitis Meningitis is acute or chronic inflammation of the protective membranes covering the brain and spinal cord, collectively called the meninges. The most common symptoms are fever, headache, and neck stiffness. Other symptoms include confusion or ...
during the flight. A few months later, 18 September 1939, he died in Wellington aged 71. Hunt was survived by his second wife and a son from each marriage. His obituary in Wellington's Evening Post described him as devoid of ostentation and readily approachable.Obituary. ''Evening Post'', Volume CXXVIII, Issue 68, 18 September 1939, Page 9


Note


References

{{DEFAULTSORT:Hunt, William 1867 births 1939 deaths New Zealand stock and station agents New Zealand businesspeople New Zealand farmers People from the Northland Region New Zealand Knights Bachelor Businesspeople awarded knighthoods