Mr. Nichols was entirely correct in his opinion. Under police grilling, Hoges and Cron confessed to the crimes for which they were charged. Max Lynch refused to plead guilty but in the end a long legal battle availed him nothing. With his three companions he was sentenced to the state penitentiary.

Hanley Cron in his confession admitted that he had accepted a fee as a bribe for awarding the Huddleson prize to "Winged Night," a statue of inferior merit. The entire contest therefore was declared void. Months later a new competition was held, and to the delight of everyone Amy Coulter's Black Imp won the cherished prize.

Penny and her father were not to learn of these important developments for some time. But they were both elated at the outcome of the case.

"Well, you seem to have relieved your old Dad of a job," the detective smiled. "Now that Mrs. Dillon's necklace has been recovered, my work for the Insurance Company is over."

"I hope you haven't been cheated out of any fat fees on my account."

"The company will be pleased because its financial responsibility to Mrs. Dillon is over," the detective answered. "I may charge a double fee on the strength of your work!"

"And do I get half of it?" Penny countered.

Her father smiled broadly. "Perhaps, if you promise to lock it up in your bank account." He added with a chuckle: "I believe I could increase my profits by taking you into the firm. 'Nichols and Nichols.' How does that strike you?"

"I think it would look grand in print," Penny laughed. "Let's paint it on the door right now!"

THE END