New Zealand - Agriculture - Farmers stacking grain, awaiting sale and trucks, at Otamita Siding, Southland - Photo: Alexander Turnbull Library #604116 Image from the book 'A Century's Challenge' - Wright Stephenson & Co Limited renamed NMA Wright Stephenson Holdings Limited 1972 renamed Challenge Corporation Limited 1973 - Wright Stephenson was a stock and station agency founded in Dunedin, New Zealand, in 1861 that by 1972, just before merging with NMA, it had developed 27 stock and station branches throughout New Zealand with more than 100 further sub-branches and agencies to service farming areas throughout the country. As well, by the time of its centenary in 1961, the company had established managerial offices in Melbourne and London, 15 sub-branches in Australia, and 4 sub-branches in Britain. - After the merger with NMA the company was known from 23 March 1972 as NMA Wright Stephenson Holdings Limited until 31 October when the long-intended name was assumed, Challenge Corporation. - Following the January 1981 merger of Challenge with Fletcher Holdings and Tasman Pulp and Paper — which did not provide the desired financial stability — the Fletcher Challenge group was demerged in 2001. - The stock and station agency operations now form a core part of the business known as PGG Wrightson. - The business was begun in 1861 as 'Wright, Robertson, & Co.' by partners John T. Wright and Robert M. Robertson as a result of a population boom fueled by the Otago Gold Rush. Robertson left in 1868 and was replaced by auctioneer John Stephenson. Wright and Stephenson retired from the company in 1899. Due to significant growth in the volume of its business activities, ownership was switched to a public listed company in 1906. (https://en.wikipedia.org/wiki/Wright_Stephenson) A Century's Challenge - Hardcover with dust jacket - Published September 1961 - Wright Stephenson & Co. Limited - Condition: Fine Click the link provided at the top to purchase the book through the MAD on New Zealand Shop - Supporting New Zealand Authors and Artists