The Red Oak Police Department reports the arrest of 63-year-old Sheryl Franzen of Red Oak in the 900 Block of North 4th Street in Red Oak Wednesday at 1:26pm. Franzen was charged with Theft 5th Degree after taking an item from the Red Oak Public Library on Tuesday at about 2:30pm. The item was valued at less than $200. Franzen was taken to the Montgomery County Jail and held on $300 cash bond.