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dividends, and has done so for several years."

"That is excellent. It is a better rate than I get for most of my city investments."

"I also have city investments—bank stocks, and horse-railroad stocks, but, as you say, my mill stock pays me better than the majority of these."

"You are a large owner of the mill stock; are you not, Colonel Preston?"

"Yes, sir; the largest, I believe."

"So I am informed. Would you be willing to part with any of it?"

"I have never thought of doing so. I am afraid I could not replace it with any other that would be satisfactory."

"I don't blame you, of course, but it occurred to me that, having a considerable amount, you might be willing to sell."

"I generally hold on to good stock when I get possession of it. Indeed, I would buy more, if there were any in the market."

"He must have surplus funds," thought the adventurer. "I must see if I can't manage to get some into my possession."

Here the landlord appeared, and announced that dinner was ready.

"You dine here, then?" said Fairfax.

"Yes; it will take me two hours to reach home, so I am obliged to dine here."

"We shall dine together, it seems. I am glad of it, as at present I happen to be the only permanent guest at the hotel. May I ask where you live?"

"In Crampton."

"I have heard favorably of it, and have been intending to come over and see the place, but the fact is, I am used only to the city, and your country roads are so blind, that I have been afraid of losing my way."

"Won't you ride over with me this afternoon, Mr. Fairfax? I can't bring you back, but you are quite welcome to a seat in my chaise one way."

The eyes of the adventurer sparkled at the invitation. Colonel Preston had fallen into the trap he had laid for him, but he thought it best not to accept too eagerly.

"You are certainly very kind, Colonel Preston," he answered, with affected hesitation, "but I am afraid I shall be troubling you too much."

"No trouble whatever," said Colonel Preston, heartily. "It is a lonely ride, and I shall be glad of a companion."

"A lonely ride, is it?" thought Fairfax. "All the better for my purpose. It shall not be my fault if I do not come back with my pockets well lined. The dividends you have just collected will be better in my pockets than in yours."

This was what he thought, but he said:

"Then I will accept with pleasure. I suppose I can easily engage someone to bring me back to Melville?"

"Oh, yes; we have a livery stable, where you can easily obtain a horse and driver."

The dinner proceeded, and Fairfax made himself unusually social and agreeable, so that Colonel Preston congratulated himself on the prospect of beguiling the loneliness of the way in such pleasant company. Fairfax spoke of stocks with such apparent knowledge that the colonel imagined him to be a gentleman of large property. It is not surprising that he was deceived, for the adventurer really understood the subject of which he spoke, having been for several years a clerk in a broker's counting-room in Wall Street. The loss of his situation was occasioned by his abstraction of some securities, part of which he had disposed of before he was detected. He was, in consequence, tried and sentenced to three years' imprisonment. At the end of this period he was released, with no further taste for an honest life, and had since allied himself to the class who thrive by preying upon the community.

This was the man whom Colonel Preston proposed to take as his companion on his otherwise lonely ride home.







CHAPTER XVIII — RIDING WITH A HIGHWAYMAN

"Get into the chaise, Mr. Fairfax," said Colonel Preston.

"Thank you," said the adventurer, and accepted the invitation.

"Now we are off," said the colonel, as he took the reins, and touched the horse lightly with the whip.

"Is the road a pleasant one?" inquired Fairfax.

"The latter part is rather lonely. For a mile it runs through the woods—still, on a summer day, that is rather pleasant than otherwise. In the evening, it is not so agreeable."

"No, I suppose not," said Fairfax, rather absently.

Colonel Preston would have been startled could he have read the thoughts that were passing through the mind of his companion. Could he have known his sinister designs, he would scarcely have sat at his side, chatting so easily and indifferently.

"I will postpone my plan till we get to that part of the road he speaks of," thought Fairfax. "It would not do for me to be interrupted."

"I suppose it is quite safe traveling anywhere on the road," remarked the adventurer.

"Oh, yes," said Colonel Preston, with a laugh. "Thieves and highway robbers do not pay us the compliment of visiting our neighborhood. They keep in the large cities, or in places that will better reward their efforts."

"Precisely," said Fairfax; "I am glad to hear it, for I carry a considerable amount of money about me."

"So do I, to-day. This is the day for payment of mill dividends, and as I have occasion to use the money, I did not deposit it."

"Good," said Fairfax, to himself. "That is what I wanted to find out."

Aloud he said:

"Oh, well, there are two of us, so it would be a bold highwayman that would venture to attack us. Do you carry a pistol?"

"Not I," said Colonel Preston. "I don't like the idea of carrying firearms about with me. They might go off by mistake. I was reading in a daily paper, recently, of a case where a man accidentally shot his son with the pistol he was in the habit of carrying about with him."

"There is that disadvantage, to be sure," said Fairfax. "So, he has no pistol. He is quite in my power," he said to himself. "It's a good thing to know."

"By the way," he asked, merely to keep up the conversation, "are you a family man, Colonel Preston?"

"Yes, sir; I have a wife, and a son of fifteen."

"You have the advantage of me in that respect. I have always been devoted

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