“I am sorry,” the chemist mumbled, avoiding her eyes. “You’re more decent than I deserve.”

“As far as the canoe is concerned, the boys will be willing to drop the charge,” Jack added.

“And Aunt Madge just said she wouldn’t press the board and room bill,” Madge interposed. “You can pay it later.”

“You’re free to go,” Jack told him. “Clear out and be glad you got off so easily.”

After the chemist had left, the atmosphere became more friendly. Anne refused to talk business that night but the following day she conferred with Mr. Brownell and to the delight of her friends sold the formula for a sum which guaranteed her a modest income for life. Her first act was to pay off the mortgage on her house and island, and then, to Jake Curtis’ bitter anger, she refused to even discuss a sale with him. Mr. Brownell had taken a great liking to Loon Lake and upon learning that Anne intended to live with an aunt in the city, he offered her a price for her property which left her quite dazed. Madge urged her to sell, and after brief negotiations, she arranged all details of the transaction to her satisfaction.

With business matters cleared away, Anne spent a few weeks at the lodge before leaving for the east. The days were crammed with good times and it was difficult for the girls to say goodbye.

“I owe everything to you,” Anne said for perhaps the hundredth time, as they stood at the railway station awaiting the train. “I’ll never forget this summer and all you’ve done for me, Madge. I’ll come back and see you often too.”

The train that carried Anne to New York brought Madge a letter—an invitation to spend two weeks at Cheltham Bay, cruising aboard the luxurious Burnett yacht. As she dispatched an enthusiastic acceptance, she little dreamed of the exciting adventure that awaited her. The story of Madge’s queer reception at Cheltham Bay is recounted in the second volume of this series, entitled: “The Deserted Yacht.”

Jack French did not accept the news of Madge’s intended departure very cheerfully.

“Why, I’ve scarcely had a chance to see you this summer,” he protested as they walked alone one evening. “Here you’re leaving in a week and I’d made all sorts of plans.”