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subject ag'in. He, an' that secretary of his who looks like a coyote. I don't know how many he saw or jest what he said, but this is what he told Hen. After he'd got Hen to lead up to it, mind you. That Casey Town was boomin' big an' that his own holdin's was nettin' him a heap. That he liked Hen fine an' had picked him out as a representative citizen. With a lot mo' slush, the upshot of which was that he lets him have a hundred shares of the Molly Mine at par. Hen was to say nothin' about it because, says Keith, if it got out he was sellin' stock, it would send down the price of the shares an' hurt Casey Town in general, Hereford some, an' you-all at the Three Star in partickler. I reckon he was plausible enough. Hen was sure tickled. He w'udn't have said a word about it on'y Ed picks these shares up out of the bed of the crick an' give them to Hen afteh he'd been fixed up.

"Ed went nosin' around Hereford this mo'nin'. He got eight men—their names is inside the envelope—Creel one of 'em—to admit they'd bought some shares. Mighty glad they was to have 'em. Ed didn't tell 'em anything different, but he come scootin' home at noon an' I borrowed Hen's certificut, seein' he was asleep. An' here it is."

"Mirandy," said Sandy, "I'll let Mormon tell you what we all think of you. You've sure dealt me an ace. Mormon, help Sam ride herd on the secretary. I'll be callin' you in after a bit. You'll stay, Mirandy?"

"I'll go visit with Kate Nicholson. I'm beginnin' to like her real well. Molly away?"

Sandy left Mormon to tell her and returned to the office. Keith eyed the envelope.

"Blake coming?" he asked.

"Not yet. When do we get another dividend from the Molly, Keith?"

Keith laughed.

"You're as bad as all the others," he said. "Sell a man stock, give him a dividend and he's like a girl eating candy. You had one just fourteen weeks ago."

Sandy nodded.

"I was askin' you about the next," he said, his voice still drawling but with a finer edge to it.

"Needing some ready money?"

"How about the dividend?"

"Why, that depends upon the output." Keith's voice purred but his eyes had narrowed. He watched Sandy like a card player who begins to think his opponent superior to first impressions. "The output has been big. The Molly has been a bonanza, so far. I do not think it wise always to pay dividends according to the immediate production, however. It is better, as a rule, to average it, generally to develop the mine as a whole rather than work the first rich veins."

"That why you boarded up the stopes?"

Keith's face grew dark. The veins twitched at his temples.

"Look here, Bourke," he blustered. "You've been listening to some fool talk from that cub, Westlake. I know my business. You've got some stock in the mine, twenty-five per cent. I've put money and brains into it and I've got forty-nine per cent. Molly...."

"If you had fo'ty-nine per cent. I wouldn't be worryin' so much."

"What the devil do you mean?"

"I took you fo' a betteh gambler than to git mad," said Sandy. "I'll jest ask you a question on behalf of myse'f an' partners' twenty-five per cent., an' Molly's twenty-six, me bein' her guardian. Plump an' plain, is the Molly pinched out?"

Keith hesitated, struggled to control himself.

"Save me a trip over to Casey Town, mebbe," Sandy added.

"I got mad just now, Bourke, because of the interference of a man I fired for lack of common sense, experience and recognition of his superiors. Westlake is a hot-head and I suppose he has some idea of trying to get even with me by belittling me in your eyes and running down my management. I think I have shown my interests allied with yours. Mrs. Keith and I."

"She don't come into this. You didn't answer my question, Keith. How about it?"

"It's a damned falsehood."

"Then why are you sellin' your stock?"

The words came like bullets as Sandy whipped the certificate out of the envelope and slapped it smartly on the desk. Keith whitened, flushed again, recovered himself.

"If I was not friendly to you, Bourke, I should take that as a direct insult. I can understand that you believe in Westlake and take stock in what he told you. But he is a discharged employee. He has every reason...."

Sandy held up his hand.

"He's a friend of mine," he said. "Keith, I may not know the minin' game—as you play it. In some ways it's gamblin', like playin' poker. I've played that a heap. I can tell pritty well when a man's bluffin'. Mebbe you're losin' some of yore nerve lately. You show it in yore face. Yore eyes flickered when you said it was a 'damned falsehood.' I don't hanker to insult a man but—I don't believe you. An' here's this stock you sold. I've got the names of more you sold it to. Why?"

"A man in my position," said Keith slowly, "swings many big deals and sometimes he is pushed for ready money."

"I reckon that's the reason," said Sandy dryly. "Well, you've got to git it some other way. You've got to buy these stocks back, Keith. I control the big end of the stock in the Molly. If I have to go to the bother of gittin' an expert of my own, an' goin' to Casey Town to look back of those stopes, you're goin' to be sorry fo' it."

"I have a right to sell my stock."

"You ain't goin' to exercise that right, Keith. You may make a business sellin' chances to folks who like to buy 'em, but you can't sell Herefo'd folks paper when they think they're buyin' gold. I won't bunco my neighbors an' I ain't goin' to 'low you to do it with any proposition I'm interested in. You'll give me the money you got fo' the shares with a list of the men you sold 'em to an' I'll tell 'em the Molly is pinched out—as it is."

"You must be crazy, man! They wouldn't believe you. If you went round with a statement like that you'd lose every cent of your own and your ward's. You have no right...."

"Trouble is with you, you don't know the meanin' of that last word," said Sandy. "Right is jest what I aim to do. We'll put it up to Molly an' you'll see where she stands. We don't do business out west the way you do. We don't rob our friends or even try an' run a razoo on strangehs. I reckon the folks'll believe me. If they don't I'll give 'em stock of ours, share fo' share, to convince 'em until it's known the Molly has flivvered."

"You'll ruin the whole camp."

"Not to my mind. They'll git out what gold's left The Molly'll shut down. I'll git you to give me a statement 'long with the money an' the list fo' me to check up, sayin' you've jest had news the vein has petered out sudden—like it has. That's lettin' you down easy. They'll think you an honorable man 'stead of a bunco-steerer. I'm doin' this 'count of the fact you folks have looked out fo' Molly. An' I'm tellin' you, Keith, that, if Herefo'd folks knew you'd deliberately sold them rotten stock, you an' yore private car might suffer consid'rable damage befo' you got away. Out west folks still git riled over trick plays an' holdouts, hawss-stealin' an' otheh deals that ain't square. I'd sure advise you to come across."

Keith looked into the face of Sandy and, briefly, into his eyes, hard as steel. He made one more attempt.

"Let's talk common sense, Bourke. You're quixotic. The Molly is capitalized for a quarter of a million dollars. The stock can be sold at par if it's done quietly. I can dispose of it for you. There is no certainty that the mine will not produce richly when we strike through the second level of porphyry. There are plenty of people willing to buy shares on that chance after the showing already made. I tried to say just now that you have no right to throw away your ward's money, and you are a fool to throw away your own. People buy stock as a gamble."

"No sense in you talkin' any mo' that way, Keith. Mebbe you sell paper to folks who gamble on it, an' on what you tell 'em about the chances, makin' yore story gold-colored. Folks may like to git somethin' fo' nex' to nothin', but I won't sell 'em nothin' fo' somethin', neitheh will my partners, neitheh will Molly Casey. She's a western gel. Above all, I won't gold-brick my friends. I know the mine is petered out. You won't call my play about havin' an expert examine it, which same is no bluff. I believe in Westlake's report. We've had our share of the gold in it an', we won't sell the dirt. No mo' w'ud Pat Casey, lyin' out there by the spring, if he was alive."

"Suppose I refuse?" asked Keith, his square face obstinate. "I've done nothing outside the law."

"To hell with that kind of law! We make laws of our own out here once in a while. Justice is what we look fo', not law. We aim to trail straight. I reckon you'll come through. Fo' one thing I expect to have yore boy visit with us till you do."

The promoter's face twisted uglily and he lost control of himself.

"Kidnapping? A western method of justice. Not the first time you've been mixed up in it either, from what I hear. You don't dare...."

Keith stopped abruptly. Sandy had not moved, but his eyes, from resembling orbs of chilled steel, seemed suddenly to throw off the blaze and heat of the molten metal.

"Fo' a promoter yo're a mighty pore judge of men," he said. "I'm warnin' you not to ride any further along that trail. Yore son can stay here, or we can tell the Herefo'd folk what you've tried to hand to them. Yo're apt to look like a buzzard that's fallen into a tar barrel after they git through with you, Keith. Trouble with you is that you've been bullin' the market an' havin' it yore own way too long. Now you see a b'ar on the horizon, you don't like the view.

"When we bring up stock fo' shipment we sometimes have trouble with the longhorns. We've got a dehornin' machine fo' them. That's yore trubble, so fur as this locality is concerned. You need dehornin'. I can find out who you sold stock to easy enough, but I don't care to waste the time. An' if I do there'll be more publicity about it than you'd care fo'. Might even git back to New Yo'k. I'm givin' you the easy end of it, Keith, 'count of Molly. You an' me can ride into town in yore car an' clean this all up befo' the bank closes. We'll leave the money with Creel of the Herefo'd National. Then you can come back an' git yore boy."

"I don't remember the names. Blake took the record of them," said Keith sullenly.

"Then we'll have him in."

Sandy went to the door and hailed Sam and Mormon. They came to the office escorting Blake, whose fox-face moved from side to side with furtive eyes as if he smelled a trap.

"We want the list of the folks you unloaded Molly stock to," said Sandy.

Blake looked at his employer who sat glowering at his cigar end, licked his lips and said nothing.

"Speak up," said Sandy.

"There's a fine patch of prickly pear handy," suggested Sam. "Fine fo' restorin' the voice. Last time we chucked a tenderfoot in there they

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