“They must be heading for the old mill,” Valerie cried to Gale as they followed their friends’ trail of dust.

Ricky reined in her horse. “Girls, I, was there yesterday,” she said excitedly. “There is a big oak tree down across the road. If they don’t see it and jump——”

“Come on.” Gale spurred her horse on anew.

She and the others could picture what might happen. Janet and Carol coming around the bend suddenly, totally unprepared for the tree across the road, might have a bad fall. If their horses did not make the jump there would most certainly be an accident. Even if their horses did clear the tree that did not say the girls would. They needed plenty of time to prepare for a jump and time to think of what to do. Horsemanship was not as instinctive with them yet as with Ricky. She could have cleared the jump without hesitating, but not so the other two Freshmen.

Carol, her head down, whispering encouragingly to her horse, felt that she was having the most marvelous time of her college term. She had always loved thoroughbred horses. Inch by inch her mount pulled ahead of Janet. Gleefully she observed that at this rate she would win the race. They were rounding the bend of the road. Not much farther to go! Carol glanced over her shoulder at Janet. Her friend was gesticulating wildly and endeavoring to rein in her horse. Carol mistook her friend’s gestures for enthusiasm and waved in return.

“Look out, Carol!” Janet shouted. “The tree! Jump!”

Janet saw her friend turn. Carol’s horse was almost upon the huge trunk of an oak tree lying directly across the road. Carol stiffened, then bent forward on her horse’s neck. Together, in marvelously graceful form, Carol’s mount carried both himself and his rider over the fallen tree successfully.

However, Janet, surprised at the appearance of the tree and in her effort to warn Carol, had neglected to check her own mount. He raced ahead. Now it was too late to stop him.

The pursuing girls rounded the bend. Their horses raised a cloud of dust as they were brought to an abrupt halt by their riders.

“Janet!” Madge screamed.