“Geewhillikins!” breathed Ned, in awe, as he drew the folded contents into the light. “Old Coventry’s, do you mean?”

“Of course! Whose else? And there are three more lots. We haven’t figured them up yet, but there must be fifty thousand dollars’ worth!”

“Maybe they’re no good,” offered George.

“How do you mean, no good?” asked Ned indignantly. “United States bonds are always good!”

“Well, the others—”

“They’re railroad bonds, all of them, three different lots,” said Bob. “I guess they’re all right, too, don’t you, Ned?”

“Right as rain! Why, the old codger—What’s that?” he asked suddenly, looking ceiling-ward. Laurie laughed.

“That’s what we wondered,” he answered. “We jumped when we heard it first. Don’t you know where you are?”

Ned looked around him and shook his head.

“Under the Widow Deane’s house!”