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Bank fugitive under arrest in Pennsylvanias North Penn case
Aug. 23 Philadelphia reports sensational developments in the North Penn bank closure of July 18. Elwood B. Strang, 35 a week telev person, detained in New York awaiting action by Philadelphia authorities. Daniel B. Lafean, Brumbaugh banking commissioner, arrested in York, Pa., held in $500 bail. North Penn president Louis H. Michel and director William Gabell held on $10,000 bail each. Evan L. Ambler, assistant cashier, jailed on $5,000 bail. District Attorney Rotan says more arrests pending and Lafean may face further charges.
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North Penn
I Elwood B. Strang
New York
Philadelphia
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Iwy
Daniel B Lafean
Brumbaugh
York
Apa
North Penn i
Anandal Rocks
Louis H. Michel
Willam Gabell