The gentlemen with the tall hats bit their lips and showed signs of poorly suppressed agitation.

"But is your client an ex-convict, Mr. Tutt?" repeated the judge quietly.

"Yes, Your Honor, he is."

"When and how did he become possessed of his stock?"

Mr. Tutt turned to Doc with an air of ineffectually striving to master his righteous indignation.

"Tell the court, Mr. Barrows," he cried, "in your own words."

Doc Barrows wonderingly rose.

"If you please, sir," he began, "it's quite a long story. You see, I was the owner of all the stock of The Chicago Water Front and Terminal Company—there was a flaw in the title deed which I can explain to you privately if you wish—and when I was—er—visiting—up on the Hudson—I met a man there who was the owner of a hundred thousand shares of Horse's Neck, and we agreed to exchange."

The judge tried to hide a slight smile.

"I see," he replied pleasantly. "And what was the man's name?"