New Flyweight Champion -- Pascual Perez of Argentina has his hand raised in victory after winning the world flyweight championship in a unanimous decision over Japan's Yoshio Shirai (right) in a 15-round match at Tokyo (November 26th). Referee Jack Sullivan (left) holds up the winner's hand as Perez trainer Felipe Segura (background, center) and manager Lozaro Kooi (second from left) stand by. November 29, 1954. (Photo by United Press Photo).