Matt was mad clear through. His eyes snapped vindictively as he watched the exultant ruffians.

"The recorder closes his office in Phœnix at six o'clock?" he asked.

"Yes."

"Then Jacks has played his trump card. The only way that location notice could be got to Phœnix in time to be recorded to-day was by sending Perry on the motor-cycle. When we left Delray, he said something about lending us a gun. I don't believe in guns, as a general thing, but if we had borrowed Delray's we could have met these scoundrels in their own way."

Matt's voice was low, but it throbbed with a fierce desire to do something—anything—which might still win the day for the McReadys.

"The biggest steal on record, that's what it is!" breathed Chub.

"You could prove it in any court in the country, Chub. With your father's testimony, and ours, you'll have a good case against Jacks and Hawley."

"It takes money for lawsuits," said Chub bitterly, "and the McReadys have been living from hand to mouth for more years than I care to think about. There's no use talking about a legal fight, Matt. Possession is nine points of the law, and the man who files his location notice first always holds the ground. We'll just sponge the 'Make or Break' off the McReady slate right now. For the rest of it, all I'm worrying about is dad."

"If you fellers hev got through with yer confab," shouted Jacks, "ye'll jest turn face-about an' jog fer that scooped-out place in the foot o' the hill, right behind ye."

Matt looked around. The spot mentioned by Jacks was a jagged notch among the rocks, twenty-five or thirty feet long by a dozen wide, and with precipitous walls on all sides, except, of course, at the opening in front.