Then they heard a faint, far-away wail, like that of a banshee.

Carl threw his arms around Bud in an agony of fear.

"Dere it iss. Ve are gone. All iss lost."

Again the gruesome wail came to them, this time louder and clearer, and in a moment or two a hand was at the door. The latch clicked softly, and the door swung slowly open.


CHAPTER IV.

THE BIG COON TREE.

"Hello, what's the matter with you fellows? Are you going to have a waltz, or is it going to be a two-step, or a catch-as-catch-can wrestling match? Perhaps you've suddenly grown very fond of one another."

It was Ted who spoke, standing in the doorway, laughing as if he would burst his buttons off, at the strange tableau in the middle of the floor, Carl clinging to Bud, who was trying to shake him off.

"Let loose o' me," shouted Bud. "Why, ther feller's plumb daffy on ghosts. He says as how this shack is haunted, an' he's plumb loco."