Article Text
ARREST A BANK HEAD Victor E. Creighton of Arkansas City Charged With Statement. Victor E. Creighton, president of the Traders State bank of Arkansas City, which was closed nearly two weeks ago, has been arrested. Creighton is charged with making a false statement in a report to the banking department regarding condition of the bank. He has furnished bond for $7,500. Creighton is the first person arrested in connection with failure of the Arkansas City bank which recently closed its doors with $200,000 worth of bad paper, according to estimates by the state banking department. B. V. Curry, bank examiner, has been appointed receiver for the Peoples State bank at Geuda Springs and the Traders State at Arkansas City. He expects to complete checking of accounts April 1.