Show Bank America Officials Arrested I PHILADELPHIA Juno 2S Magistrate Kochersbergcr this afternoon issued warrants war-rants of arrest for John J McFarland president of the defunct American Life Insurance company Louis E Pfoifer president of tho defunct Bank of America and Charles W Dungan cashier of the Bank of America charainp them with conspiracy con-spiracy in obtnininprSlriJjOlO of tho funds of the bank bv crediting a loan t Richard E Banks an employee of the bank This is the first stop taken by the depositors to begin criminal proceedings ugainst the officers offi-cers of tho Bank ot America and heir accomplices ac-complices > |