Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1907-12-14
GOLDtlELO CRISIS PRESENTS FEW NEW DEVELOPMENTS
INSTITUTION THAT HAS
DISPLAYED ITS
STRENGTH

~. 1t is with feeling of pride that we
again call attention to the splendid con-
dition of the Lyon County bank whose
doors have remained open during the
time when other banks throughout the
land found it necessary to shut up shop.
During the panic which has resulted
in great losses to corporations and indi-
yiluals, with their attendant nerve
racking strains and suicides, Lyon county
points with pride to its only banking in
stitution as one built upon the solid rock
of conservatism.
That such a condition of affairs should
prevail is due to the confidence of the
depositors of the institution. How
fully they realized the strength of the
bank and its capability to meet all de-
demands made upon it, is attested by
the fact that never once was there the
cry of wolf.
In times of peace prepare for war, {"
is just as applicable to the affairs of a
banking institution as it is to the affairs
OF nation. The policy THAT has ever
been pursued by the directors of the
Lyon County bank is one that cannot
fail to spell success. Its governing board
is composed of men who have keen
sense of right and wrong and who have
always been found on the side of right.
How profitable it is to adhere to such
position is brought out forcibly by the
fact that new business is coming to the
bank from remote distances.
Above all, it speaks volumes for YER
ington. 1t is prima facie evidence of the
stability of this section. Banks are bar
ometers of country's prosperity.
When times are good failures are un-
common, but let panic hit the country
and then how different. 1t is a worthy
ship that can stand the storm at sea, it
is a strong bank that can weather finan-
cial crisis. The Lyon County bank has
not only made port, but its deposits are
greater today than they were before the
slump How's that for Yeriugton?
Possibly many people do not fully real
ize to what extent the unusually prosper
Gus condition of business in Yerington
and vicinity is due to its banking facil-
tiles. Good, sound banking methods
enable the people to maintain their
credit at home and abroad. and no pro-
ject begun in Yerington before the de-
preston has been obliged to curtail in
any part by reason of lack of capital
By careful and judicious use of its cash
OIL hand the Lyon County bank has en-
abled its clients to perform thousands of
+ dollars worth of work which has been
distributed to the miners and mechanics
III this vicinity. This has been done
without crowding any debtors or sacri-
fcing dollar of its securities. While
the bank feels proud to have accom-
plished this without inconvenience dur
ing these stringent times, its officers
clientage is a mountain of strength III
times of trouble, and that the sensible
and consilerate action of its depositors
has enabled the institution to stand on
cash basis when many similar institu-
tons have been obliged to suspend pay
ment.
The bank will soon be housed i'll its
new quarters with full up-to-date equip
ment, prepared to give its clients all the
advantages afforded by any banking in
stitution no matter where situated. Gus
Ttomers at distance doing business by
mail will receive just as prompt and
effective attention as though personally
present.