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San Gabriel Valley Digest

San Marino : City Treasurer Named

November 12, 1987

Gordon Binder, a San Marino resident who is controller for a scientific firm in Thousand Oaks, has been named city treasurer.

He succeeds Ray Wood, who was fired in October after losing $2 million in city reserve funds after allegedly making investments that violated city policies.

Mayor Rosemary Simmons said Binder was chosen for the part-time position on the recommendation of several San Marino civic leaders.

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