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Newspaper
Yerington Times
Location
Yerington, Nevada, United States of America
Date
Dec 21, 1907
Page
8
T L Walden superintendent of the Yerington Ironsides visits from camp and forecasts big ore output. He claims Yerington will outperform Ely with more mines and higher profitability, noting local farms along Mason Valley and Walker River stay productive and a well funded bank.
William Rigby Jr of Alameda California sues J G Kaufman and Co and J G Kaufman and company with stockholders Ida L Kaufman and S O Stollard. He asks the court to restrain disposition of property in Yerington Nevada and to appoint a receiver for the business, citing judgments and accounts against the two corporations and their members.
D. W. Lawson of this city returned from a visit to the Iron Chancellor and Bald Mountain area. He reports active prospecting with many property owners doing annual assessment work. The Iron Chancellor shows strong surface features and a large gold-bearing ledge three miles north of the Wheeler mine, signaling rapid district development next year.
The Lyon County bank remains open while others close as the panic spreads. Its depositors’ confidence underpins a policy of conservatism and prudent management by a board famed for integrity and right handling of affairs.
The Lyon County bank has not only weathered the slump but now has deposits higher than before. It credits sound banking for local prosperity and credit abroad, supporting miners and mechanics without harming debtors or securities. The bank moves to new quarters with modern equipment and will serve distant customers by mail as promptly as in person.
Naomi Chapter of a Masonic group announces stated meetings on the second and fourth Mondays each month at the Masonic hall. Visiting members will receive a cordial welcome. Jostin L. Davidson is Worthy Matron with T L Horst as Secretary.
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