So Ned and his mates made themselves as small as they could, crouching there in the gloom of the night. They could hear the splash of the waves beating against the other side of the old vessel, and these constant sounds served to hide all else in the way of noise. When the boat collided with the planking of the wreck, they only knew of its arrival through the slight quiver that was conveyed to their alert senses.

And now they saw one of the dark figures clambering hurriedly over the broken bulwarks. Strange to say, he did not seem to be at all particular as to what he was doing. There was no skulking movement, no crouching, and looking about, such as one would expect to observe under the circumstances. Ned noted this with surprise. He even began to entertain serious doubts concerning the absolute truth of the theory he had previously formed regarding the identity of the two men. Surely, if they belonged to the force that had once before been repulsed when trying to board the wreck, they would know of the presence of the scouts there, and do everything within their power not to let the defenders know of their secret coming.

"All right, Captain Bill!" they heard the man who had jumped aboard say; and that too was a strange thing; had they believed the wreck to be utterly abandoned, these mysterious parties could not have acted in a more singular manner.

Now the second man was climbing over, in which act he was assisted by the one who had come first, and who seemed to be a more agile chap.

At least the boat was secure, for Ned could see that the first visitor was engaged in fastening the painter to a cleat that chanced to be near by, and which he seemed to find in a remarkably able manner, as though he might be quite familiar from past associations with the lay of things aboard that hulk.

Ned had his little hand-electric torch ready, and when he believed that the proper instant had come for action, he suddenly pressed the button that caused a flash to dazzle the eyes of the men.

"Surrender! Don't try to make a single move, or you'll be shot down. We've got you covered by our guns, so throw up your hands, both of you!" was what he exclaimed, and at the same instant, the others stood up with leveled rifles.

It was evidently a complete surprise for the invading force. They elevated both hands as ordered, mechanically perhaps, for at the same time they were uttering exclamations of bewilderment and wonder.

"Make sure of the boat, Jimmy!" said Ned, with an eye to their great need; and only too gladly did the other scout jump forward to where the rope had been passed around that cleat under the rail.

"Who are you, anyway, and what d'ye mean by holding us up this way?" finally asked the older of the two prisoners; and now that he found time to look closer, Ned was himself amazed to discover that both of them had the appearance of seafaring men, in regards to garments and bronzed faces.