The person who handled the reins was a youthful chap, and, as he came nearer, Frank gasped with surprise.

"Cholly Grayson De Smythe, the dude! Is it possible?"

In his arms, held upon the horse, was a bundle, like a human form, wrapped in a blanket.

The outlaws looked for a posse of armed men to follow the boyish horseman, but he was not followed, and he did not hesitate or turn back when he saw the party awaiting him.

Straight down upon them he rode, and Frank drew aside, shielding himself behind one of the men.

"It can't be possible!" muttered Frank. "It's ridiculous!"

Straight down upon the desperadoes rode the dude, seeming utterly fearless.

"Halt, thar!" cried one of the men, leveling a rifle at the young horseman. "Hold up, ur chaw lead!"

The youth gave a surge that flung the horse upon its haunches.

"Steady Bolivar!" his voice rang out. "Would you shoot me?"