"Being business, there are some points I don't understand myself. But I know enough to give you a general idea.
"When your father started his automobile supply business, he was obliged to borrow some money for which he gave notes.
"People all said your father would not succeed. But when he did, several of them grew jealous, and strove to make trouble for him by buying up his notes.
"Mr. Montgomery heard about it, and, coming to your father, offered him enough funds to pay off the notes, agreeing to accept interest and let your father pay off the principle as he could.
"Believing the offer made in good faith, your father gratefully accepted it. But it was not long before he discovered he was mistaken.
"Mrs. Montgomery has a sister who married Charles Gibbs. Being eager to have her sister with her in Baxter, she asked her husband to start Mr. Gibbs in business.
"Seeing your father's success, Mr. Montgomery decided to ruin your father and set up his brother-in-law in the automobile supply business.
"Accordingly, he came to your father and told him he was sorry but he must have his money. Your father protested, but Mr. Montgomery was firm.
"In despair your father tried to obtain money from the banks in nearby towns, but, when inquiry was made, Mr. Montgomery said your father had obtained the loan from him by misrepresentation and the banks refused to lend."
"The sneak!" flashed Fred, his hands clenching as he thought of such treachery to his father.