But when they came to the window through which Frances had seen the dangling ladder it was gone. The old ranchman shot a ray of his electric torch through the opening; but the light revealed nothing.

“Gone!” he announced, briefly.

“Do–do you think so, Dad?”

“Sure. Been scared off.”

“But what could he possibly want–climbing up over our roof, and all that?”

Captain Rugley stood still and stroked his chin reflectively. “I reckon I know what they’re after—

“They? But, Daddy, there was only one man.”

“One that was coming over the roof,” said her father. “But he had pals–sure he did! If one of them wasn’t in the house—”

“Why, Dad!” exclaimed Frances, in wonder.

“You can’t always tell,” said the old ranchman, slowly. “There’s a heap of valuables in that chest. Of course, they don’t all belong to me,” he added, hastily. “My partner, Lon, has equal rights in ’em–don’t ever forget that, Frances, if something should happen to me.”