"Don't worry. The stuff is returned, and the matter is now closed. We can forget all about the Midnight Masquer. Now, there's another and more important thing that I want to speak with you about, a matter of business——"

"Hold on, cap'n!" interrupted Hammond, quietly, his eye on a spot behind Gramont. "One of your friends is headed over this way, and if I know anything about it, he's got blood in his eye."

Gramont turned, to see Bob Maillard approaching. The latter addressed him without any response to his greeting.

"Have you a moment to spare, Gramont?"

"All afternoon," answered Gramont, cheerfully. He affected not to observe Maillard's air of heavy business, nor the frowning suspicion that lurked half-veiled in the other's glowering features. "By the way, I've been looking up a New Orleans landmark without much success—the Ramos gin fizz establishment. It seems to be gone!"

"It is," returned Maillard, sourly. "Prohibition killed it, like it's killing everything. François moved into the place last September from Old 27, and it's become his restaurant now. But look here, Gramont!" The two were standing a bit apart, and Hammond was fussing with one of the headlights, but Gramont suspected that the chauffeur was listening avidly. "I've just come from a talk with dad. How did it happen that you sold him that stock of yours in the company?"

Gramont smiled a little. He was amused by the way Maillard was endeavouring to keep down an outburst of angry passion.

"I happened to need the money. Why?"

"But why the devil didn't you hang on to that stock? Or if you needed money, why didn't you come to me?" exploded the other, angrily.

"Heavens!" drawled Gramont, who was quite willing to exasperate young Maillard to the limit. "You seem frightfully concerned about it! What's the big idea, anyway? I don't recall that any of us went into an agreement not to sell if we wanted to. I offered the stock to your father at a discount. He realized that it was a good buy, and took it. What's wrong with that?"