A RESIDENCE OF JAMESSTUART CAIN, who
arrived in Bodie when he was 25, entered the
lumber business, and put barges on Mono Lake
to transport timber to the Bodie mines. He expanded
into wagon freighting and, with Thomas
Holt, leased the Bodie Railroad and Lumber
Company. He and JoeMaguire leased a block
of ground from the Standard Mine and Mill and
took out $90,000 in gold in 90 days Standard
would not renew the lease, but Cain eventually
acquired the company through court action and
became the town's principal
property owner.