"Hit!" yelled Bob. "There are the men, Mart!"

Indeed, the figures of the three seaman were visible, running down the sand, and Mart waved a hand at the yacht as he sat down, for he knew that Swanson and the captain would be watching. But the greatest thought in his mind was that black fin. The Pirate Shark was a reality! They had seen its "black flag" and he had sent a bullet through it!

None of the three spoke as they pulled the heavy boat in to the beach where the men waited. As they approached, the three seamen splashed out and piled aboard, Mart taking his place again in the stern. The first question, naturally, was for the cause of the firing.

"We saw the Pirate Shark," answered Dailey. "We put a bullet through its fin."

"Huh?" one incredulous cry broke from the other three. "Who fired it?"

"Mr. Judson done it."

Three pairs of eyes swept to Mart, who laughed at the amazement of the men. "Well, why not?" he wanted to know.

"Great Scott!" exclaimed Birch. "You fired on the Pirate Shark, lad? Then I'm main sorry for you, that I am!"

"Why so, Birch?" queried Bob, leaning forward and grinning.

"Because it's bad luck, young gem'man," replied Yorke soberly enough, for all his twisted mouth. "It's mortal bad luck! If you'd put a bullet in that there Pirate Shark, you'd 'a' broke old Jerry's heart, you would—"