CAPTAIN FEARLESS was short lived magazine, but soon Miss Victory was a regular feature in the sister title CAPTAIN AERO COMICS. Many of her early adventures were drawn by Charles Quinlan including this one.
When Quinlan started focusing on his Catman strip, Miss Victory was passed onto a group of lesser known talents. Eventually though the art was being done by Nina Albright, thus allowing a female superhero character to be guided by a feminine hand. Here is an example by Albright. In that this material was published during World War 2, I beg your forgiveness about the racist and stereotypical presentation of the Japanese characters.