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PUFAHL TRANSFERRED Bank Receiver Here to Take Charge of Arkansas Institution receiver for the HuNational and City National banks, Hugo, the First National bank of Boswell, and McCurtain county banks at Idabel, Broken Bow and Haworth, has been notified by the comptroller of the currency to take charge of the affairs of the First National bank of Clarksville, Arkansas, 60 miles east of Fort Smith The transfer will become effective November 30. He will be relieved his duties here and in McCurtain county by Jeff D. Hooker. Mr Pufahl came here from Julesburg, Colorado, on March 1928. succeeding Roy Cooper, deceased. receiver for the two Hugo banks and the Boswell bank. He was subsequently placed in charge of the three McCurtain county banks. Affairs of the Hugo National and City National banks are now in process of final liquidation and anticipated that the remaining assets will be sold at public auction at early date. estimated that final dividends in the aggregate sum of will be paid by the Hugo and Boswell banks before the ceiverships are closed. Remaining assets of the Boswell banks were sold at public auction November 23.
