"What's the matter, Percy, has your wrist watch stopped?" asked Roy Anderson, with a chuckle, for the "johnny" was anxiously holding the timepiece to his ear.

"I—I believe I quite forgot to wind it," was the answer.

"Serious calamity!" murmured Allen, not taking much pains to keep his voice from Percy. That was one thing about the well-dressed youth; he never knew when fun was being poked at him.

"No, it's going all right," Percy spoke, after a silent pause. "It's just five," he added, with a meaning look at Betty.

She choose to ignore it, however, and at a nod from Mollie at once plunged into the matter she and her chums had been discussing when the boys interrupted them.

"We have taken a fine cottage at the shore—Ocean View," said Betty, "and we girls are going to spend the summer there. Don't you boys wish you were us?"

For a moment the young men looked at one another. Then smiles broke over their faces, which were beginning to take on the tan that would be deepened as the summer days approached.

"That sort of takes the edge off our news," spoke Allen. "But we'll tell you, just the same. One of my clients," he began, "has——"

"Hark to him, would you!" broke in Will. "As if he had more than one client."

"Oh, Will, can't you be quiet!" rebuked his sister. "Let Allen tell it."