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94 R-622 BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM STATEMENT FOR THE PRESS For immediate release March 8, 1940. The Board of Governors of the Federal Reserve System today announced the appointment of Mr. R. C. Rich, President, R. C. Rich Sheep Company, Burley, Idaho, as a director of the Salt Lake City Branch of the Federal Reserve Bank of San Francisco for the unexpired portion of the two-year term ending December 31, 1940.