"Don't begin that old song!" said the big fellow. "There's not enough laziness in this world. Everybody howls about strenuousness and hustle, and people wear themselves out and die before they should. I'm setting a good example, and I'll continue to set."

"Or sit," nodded Merry. "All right, Lazybones, stay here by your lonesome and content yourself thinking what a fine time we're having."

"Thanks," grunted Bruce.


CHAPTER IV.

TWO GHOSTS.

The colony on the south shore of Lake Placid was about to break up. Cold weather was setting in. Already many of those who had spent much of the summer there were gone. Others were going. Soon that region would be left entirely to the hunters and the fishermen.

Before returning to the city the cottagers had planned a last grand time in the form of a masquerade dance. They did not call it a "ball." There was to be nothing formal about it.

Thus it happened that the party at Warren Hatch's cottage received an invitation.

Mrs. Medford was tired; she would not attend the dance; but she offered to assist the girls in getting up their costumes.