Full text of Mimeograph Letters and Statements of the Board : Statement for the Press re Change in Directors of New Orleans Branch of the Federal Reserve Bank of Atlanta, Number X-1603, Volume 11, Page 481

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X-1603

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FEDERAL

RESERVE

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~OARD
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S'I'A..mmENT FOR THE PRESS ..

For immediate
July 2, 1919.

rel~se,

The Federal Reserve Board announces that, owing to

the pressure of personal business, Mr. James E. Zunts

l~s

found it necessary to resign a.s Chairman and Member of the
Board of Directors of the New Orleans Branch of the FeO.erc;-,1
Reserve Bank of Atlanta...

Mr. p. H. Saunders, President of

the Commercial Trust Savings Bank, New Orleans, who is a.t
present a. Director of the New Orleans Branch, bas been a.ppointed Chairman of the Board, and Mr. L .. M# Pool, President
of' the lll.larine Bank and Trust Company-, bas been appointed a
director to fill the vacancy in the board caused by the
resignation of Mr. Zunts.

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