Full text of Mimeograph Letters and Statements of the Board : Statement for the Press Announcing Appointment of I. B. Newton as Class "C" Director, Federal Reserve Agent, and Chairman of the Board, Federal Reserve Bank of San Francisco, Number X-4499, Volume 24, Page 63

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FEDERAL

RESERVE

BOARD

STATEMENT FOR TEE PRESS
For Immediate Release.

X-4499
January 8, 1926..

Mr. John Perrin, who has served as Class "C" Director,
Federal Reserve Agent and Chairman of the Board of Directors
of the Federal Reserve Bank of San Francisco since the establishment of that institution, has tendered his resignation,
which has been accepted by the Federal Reserve Board effective
March 1, 1926.
The Board has appointed Mr. I. B. "Newton, of Los Angeles,
as Class "C" Director of the San Francisco Bank for the unexpired term of Mr. Perrin, which ends December 31, 1926, and
has designated him as Federal Reserve Agent and Chairman of
the Board of Directors of the Bank.