“Look! Oh look!” cried Ned, pointing ahead and down below them.

There, in a sort of basin formed by high hills, lay a body of water, sparkling and beautiful in the moonlight, the shadows of tall black mountains reflected in its calm surface.

“It’s Lost Lake!” exclaimed Jerry, softly. “Boys! We have found Lost Lake! I am sure of it!”

For a few seconds no one spoke after that, for they were all lost in wonder at the beauty and strangeness of the sight. It was so quiet that it seemed almost as if it was but a picture painted by a master’s hand.

Suddenly Bob, who was staring intently at the upper end of the lake, grasped Ned by the arm.

“See,” he whispered. “What’s that? That thing in white?”


[CHAPTER XIX]
THE GHOST OF THE LAKE

They all looked to where Bob pointed. At first they could make out nothing, but Bob insisted that he had seen some tall, white object moving.