A Perryton woman has been arrested after a hit and run involving a child on a bicycle in Perryton Saturday afternoon.  The Perryton Police Department reports that a 10 year old child was riding a bicycle in the area of Northwest First Avenue and Fordham Saturday at 5:31 p.m. and was struck by a vehicle.  The vehicle fled the scene.  The child first was taken to Ochiltree General Hospital, then flown to Lubbock with serious life threatening injuries.   The Perryton police later found a suspect and the vehicle.  The 42 year old female suspect was arrested and charged with felony leaving the scene of an accident with serious bodily injury.