"We won't take it for ourselves only," Dick smiled. "We'll keep the club membership open to any set of six fellows who will own and run a war canoe. We'll keep the membership as open as possible to the high school fellows."

"Humph! And then Fred Ripley, Bert Dodge and a few others with plenty of cash would get a canoe and insist on coming in and spoiling the club."

"They might," Dick assented, "but I don't believe they would.
Fred Ripley, Bert Dodge and a few others of their kind in the
Gridley High School wouldn't spend five cents to join anything
we're in."

Toot! toot! sounded a whistle shrilly behind them.

Dick turned carefully to glance at the bend above them.

"Steam launch, with an excursion party," he informed the others. "I think I see Laura Bentley and Belle Meade in the bow waving handkerchiefs at us."

Dan Dalzell turned abruptly around. Harry Hazelton did the same.

"Look out!" cried Greg, as he shifted swiftly to steady the craft.

Just then Tom Reade turned, too. His added weight sent the canoe careening. There was a quick scramble to right the craft.

Flop! The canoe's port rail was under water. She filled and sank, carrying a lot of excited high school boys down at the same time.