"This definitely clears up the case," he declared. "And I think it calls for a big celebration."
The victory event took the form of a gala dinner at Belton City's leading hotel. Penny invited Susan and many of her high school friends. In addition, policemen, detectives and all persons who had aided in the capture of the thieves, were present.
"We will have no speeches," Mr. Nichols had promised. "Only good food and plenty of fun."
Penny therefore was surprised when her father, who occupied the chair at the head of the table, arose and faced the expectant group.
"I don't mean to break my promise about speech making," he smiled. "For that reason, without any formality, I shall present to my daughter, Penny, this token of merit from the officials of the Reliance Insurance Company for her splendid work in connection with the Molberg case."
Penny gasped as her father held up a tiny bejeweled wrist watch and placed it in her hand. It was the daintiest and most exquisite timepiece she had ever seen.
"Oh, isn't it wonderful," chorused a bevy of friends as they gathered about.
"It's the nicest thing that ever happened to me," Penny declared. "I can't begin to say how grateful I am."
"Aren't you going to look at the inscription?" her father inquired, his eyes twinkling.
In surprise she glanced down at the case. Her face flushed.