Pornell Academy was a rival institution of learning, located several miles from Putnam Hall. It was presided over by Doctor Pornell, who had not fancied Captain Putnam’s coming to that locality. The students of Pornell were for the most part sons of wealthy parents, and a large number of them thought themselves superior to the Putnam Hall cadets.

On one occasion the lads of the two institutions had had quite a lively row, but this had been patched up, and several contests on the lake and on the athletic field had come off. Sometimes the Putnam Hall cadets were defeated, but more times they were victorious, which pleased them not a little.

Fred Century had come to Pornell Academy several months before this story opens. He was from Portland, Maine, and belonged to a boat club that usually sailed its craft on Casco Bay. Immediately on his arrival at Cayuga Lake he took up boating and then had his father purchase for him the Ajax, certainly a craft of which any young man might well be proud. Then he heard that Jack had a new boat, the Alice, and he watched for his opportunity to race. That opportunity had now presented itself; and the race was on.

It was a beautiful day, with the sun shining brightly and the breeze strong enough to make the sails of the sloops fill well. The Putnam Hall cadets had left the school with no idea of a contest of any sort, but now that the race was in progress they were keenly interested.

“I’ve heard about this Fred Century,” remarked Dale, as the Alice sped on her course. “They tell me his father is next door to being a millionaire.”

“One thing is certain—he has a good opinion of his boat,” added Pepper.

“Well, I’ve got a good opinion of my boat, too,” answered the young major. “I want her to win.”

“Oh, she must win!” cried Stuffer. “Why, don’t you know that those Pornell fellows are just aching for a chance to crow over us?”

The race had now been noted by a number of people out in pleasure boats. Many knew that the two sloops were new boats and they were curious to learn which might prove to be the better. Some waved their hands and handkerchiefs, and others shouted words of encouragement to one group of lads or the other.

“It looks to me as if the Pornell boat was going to win,” said one gentleman, who was out in his pleasure yacht.