The silver state. [volume] (Winnemucca, Nev.) 1909-1925, 1922-12-02
JIM GOOD|N Or
.L0vEL0CK DEAD
Was Prominent Banker Of Pershing
County, Well Known and Loved
By Host of Friends in All
Parts of This State


that James Goodin, cashier of the
First National Bank of Lovelock,
died last night at a hospital in
Reno. For several months past he
is known to have been suffering
from a heart ailment and it is pre-
sumed that this was the cause of
his untimely passing.
"Jim," as Mr.. Goodin was more
affectionately known, is believed to
have been in his fifties, and is sur
vived by a number of relatives,
among whom is a brother, William
H. Goodin, president of the Over
land Trail Club, organized to for
ward construction of the Victory
highway, and who also is one of the
proprietors of the Pershing hotel at
Lovelock.
Jim Goodin was recognized in a
statewide sense as a capable man,
both as relating to his banking and
business activities as well as many
other functions he performed, and
in his death Pershing county has
sustained the loss Of staunch
worker for progress. He was a
member Of the board Of county
commissioners of Pershing county,
a factor in Democratic politics in
Nevada, and his civic interest was
intense to the degree of making
him a leader Of men in his home
city.
Of one million dollars. These cor
porations would accept for redis-
count all livestock paper offered by
local loan associations, as well as
agricultural paper.
Maturity dates for all such loans
would be extended by the act not
to exceed a period Of three years.
The act also discloses that the
only interest Of the government in
such loan associations will be to su-
pervise activities and prevent fraud,
thus making the handling of loans
under its terms safe for banking or
other institutions. The cost of gov
,rnment supervision is to be as
,essed against the various loaning
corporations. The apparent effort
If the proposed law is to prescribe
penalties for frauds that might be
,erpetrated, making the loaning
.gency safe and secure in its activi-
les, and thus stabilizing and max
ng sound the bankable paper put
forth by livestock owners and agri-
:ulturists requiring loans on live
itock and agricultural commodities
If unperishable nature.
Senator Sheehan also announces
hat the Federal Farm Land Loan
bank is ready to do business in Ne
ada, making loans on farm land.
All of this business is transacted by
he Farm Land Loan bank itself,
,ut necessary blanks may BE Sc
:ured from Senator Sheehan or
,ther bankers.
These two provisions for positive
stability Of livestock and ranching
inancing, it can be readily seen,
will be potent factors in the up
building of those industries, pro-
,ibiting AS they will panic in such
iecurities and assuring that such
oans will not be Unexpectedly
allied in, necessitating sacrifice of
holdings. They will also assure a
permanent source Of funds neces-
ary to conducting such business,
lot subject to the fluctuations of
ordinary banking.
The rural credits act may not
become law exactly as it is now
written, and a possibility-remote
however-is that it may never be-
come law; but affected men in this
section of the country may well say
to Senator Sheehan: "Well done,
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