Article Text
The Federal Reserve Bank of San Francisco has transferred Mr. J. B. Watts from Payette to Jerome and Wendell where he will look after the interests of the Salt Lake branch in the First National Bank of Wendell, and the City National Bank of Jerome, which banks suspended business some time ago. He is succeeded by Mr. H. W. Champneys, who is also looking after the interests of the Federal Reserve Bank in the First National Bank and United States National Bank of Vale, which banks suspended operations some time ago. Mr. Champney's headquarters will of necessity be at Vale, but he expects to spend the first week of each month at Payette for the purpose of transacting business. His office while In Payette will be in the Payette National Bank.