When the chapel exercises were over, Dr. Cole again arose.

“Hopkins, Slade and Baker will be excused from classes to-day,” the president announced, “and they will report at my office in half an hour.”

He gave the signal of dismissal.

“Say, you fellows sure have nerve all right!” exclaimed George Fitch, as a group of students gathered about Ned, Bob and Jerry when they came out of chapel.

“That’s what!” added Tom Bacon.

“But why you wanted to give yourselves away is more than I can figure out,” came from Harry French.

“Getting the picture was sure some nifty little stunt,” commented Chet Randell, “but sticking that card on was only inviting trouble. Did you think they wouldn’t believe it?”

“Say, when you fellows get through talking, I’ll have something to say!” Ned broke in, rather sarcastically. “We did get the picture, I may as well admit that, for I suppose we gave ourselves away in chapel when Proxy made the crack. But we weren’t foolish enough to go and advertise the fact. Some fellow squealed on us, just as some one did at the time of our feed. And when I find out who it was I’m going to make it so hot for him he’ll leave college.”

Frank Watson was passing at the time, but neither by look nor word did he show that he was concerned, though Ned had gazed in his direction, and had made his voice purposely loud.