"Whoo-oo-pee!" yelled the horseman, his voice coming to them faintly.

"It is Tad!" howled Ned, then he too started off at a run.

"They are a lively crowd, sir," observed the guide, turning to the Professor.

"You will think so before you get through with this job," answered the Professor grimly. "I have had several seasons of it, and I'm thankful to be able to say that I am still able to be about, though I have been on the verge of nervous prostration more than once."

The horseman, Tad Butler in reality, was now rapidly bearing down on the camp. Walter was far ahead of the pursuing Ned, but Chunky made no attempt to run out to meet his companion. He was still standing with hands in trousers pockets solemnly regarding the scene.

Walter and Tad were nearing each other, when the former stumbled and fell.

Tad raised a hand and Walter, understanding, lifted one hand also, whereupon Tad charged him at a gallop. The horseman swerved at the second when it seemed as if he must run down the kneeling boy, then the palms of the two lads met with a smack, Tad having leaned from the saddle. To the amazement of Cal Vaughn, who was not much of a horseman, the slender form of Walter Perkins seemed to rise right up into the air without effort on his part.

Walt landed astride of the pony just behind the rider, and at touch of spur the little pony straightened out and reached for the camp at a full run, nearly bowling over Ned Rector, who barely got out of the way in time to save himself from being run down.

"Well, what do you think of that?" exclaimed the guide. "I never saw anything like that outside of a circus."

[CHAPTER III]