He was a member of the well-known
Stephen family, a son of
Septimus Alfred Stephen, MLC. He was educated at
All Saints' College, Bathurst and, after a course of private tuition in England, was admitted as a solicitor in 1896, and was accepted as a partner in the firm of
Stephen, Jaques and Stephen. He was elected a member of the AJC in 1892, and the committee in 1912, serving on the Sir Adrian Knox sub-committee which framed the rules of racing of that year. In 1933 he was tasked with formulating a set of revised rules of racing to be adopted throughout Australia. He was appointed chairman of the AJC on 24 October 1939, succeeding
Adrian Knox, who resigned following his appointment as
Chief Justice of the High Court of Australia, succeeding
Samuel Griffith. Stephen was a successful rider and owner; his racing colours were pale blue with a white cap. His horses included Fidelity, who won the
Ascot Vale Stakes in 1936, and Caesar, who took the 1937 race from Ajax. ==Recognition==