A key was being fitted into the padlock of the Waring boathouse. The planking creaked as the strangers tip-toed inside. There appeared to be several of them. A sloshing of water as they boarded the big launch, then the first fitful rustlings of the engine as it was turned over. Soon its loud staccatto rose above the wail of the foghorn.

Had the house been robbed? Phil dismissed this idea at once. No valuables likely to invite burglary were kept at the Island residence, even had Stinson's long and faithful service not placed him beyond suspicion. Probably the valet had slipped away on a little holiday and had been entertaining a few of his friends. With paddle shoved into the mud to hold the canoe steady against the embankment so that it would not capsize in the wash of the launch, Kendrick decided to sit still and await developments.

The launch passed presently, so close to them that he held his breath. One of the occupants was talking in low tones. Somebody laughed and said: "That's a good one, Nickleby." A third voice spoke in gruff admonition: "Shut up, you fellows! No names, please." After that—silence, except for the slow chug of the engine and the purl of water, diminishing. They were gone.

A breath of evident relief came from the unknown passenger in the canoe.

"Pretty close, that," she whispered. "I guess we can go now, but it would be better not to talk till we get out on the bay."

Without a word Kendrick shoved off with his paddle and turned the nose of the canoe for the Yacht Club channel. The launch had gone straight down the main canal to the ferry pier before heading out into the bay and all sound of it presently was lost. He strained his eyes to catch a glimpse of his mysterious companion, forgetting for the moment that even had it been broad daylight the fog would have concealed her.

He tried to decide what was the best thing to do. What sort of a game was this that he had stumbled upon? What was this woman doing over at the Island at 2.30 a.m. in weather like this? Who was she? Why was she spying upon Stinson's little party, if that was what she had been up to? It was a situation with which any young man of zest and imagination might find interest in dallying. How should he begin?

"Pass me a paddle, Joe. It's all right to talk now." She gave a little laugh of satisfaction and he noted that her voice was contralto and well modulated. "This has been the best night's work yet. Did you think I was never coming?"

Kendrick cleared his throat.

"Excuse me, madam, but there appears to be some mistake." He could hear her startled gasp. "It is evident that you have got into the wrong canoe in the dark. I am neither Joseph nor any of his brethren; so he must be waiting for you still. Do you want me to turn back?"