“In Merriwell’s room, at the hotel.”

“You—you—what did you do?”

“I made it a worthless piece of paper.”

“How?”

Hollingsworth now related the whole story briefly, explaining how he had obtained admission to Frank’s room, found the certificate, and eradicated the writing from it.

“Hand over the hundred dollars you promised,” he chuckled.

“You shall have it,” declared Huntley; “but I must be sure the work was well done. If Merriwell fails to produce his certificate——”

“I hope you don’t doubt my word, sir?”

“No, not at all; but I’m going to be sure. I’ll take no chances.”

This did not wholly please Hollingsworth.