Again Frank laughed, and it was far more expressive than words. That laugh distinctly said that the foreman of the Lone Star was making a fool of himself.

Bart Hodge was angry.

“I’ll bet Frank Merriwell can ride any broncho on this ranch!” he cried, addressing no one in particular.

That was exactly what Indian Charlie wanted.

“What will you bet, sir?” he instantly asked.

“A hundred dollars!” cried Hodge, recklessly.

“Done!” exclaimed Charlie. “Put up the money in Rodney’s hands. Here is my william.”

He produced a crisp new hundred-dollar bill and flourished it at Bart.

Hodge turned pale, for he suddenly realized that he did not have a hundred dollars to his name.

“I—I haven’t the money,” he stammered. “I spoke too quick. If I had it I would put it up.”