Frank, Randy and Jolly, on their way to see about their goods at the freight house, had scattered precipitately as a bounding figure turned a street corner and almost crashed into them.

“Glad I found you. Say, what did I tell you?” exclaimed the youthful sprinter. “You come with me and I’ll show you something that will open your eyes.”

“Later, Pep,” said Frank. “We are on our way to arrange for carting the traps from Fairlands up to the playhouse.”

“It won’t take a minute,” declared Pep. “It’s only a block or two away. Say, you’d better come. I’ll show you a sight that will set you thinking.”

“All right, we’ll give you five minutes, Pep,” said Frank indulgently.

“And don’t forget that I told you so!”

“Told us what?” interrogated Randy.

“You’ll find out in a minute.”

Pep piloted the group in his usual impetuous way. Quite a busy boardwalk diverged from the main boardwalk thoroughfare, and some minor stores and restaurants of the cheaper class occupied the first block.

About midway of the square was a vacant building, once a dime museum. Frank and his friends had noticed this in their search for a business location. It was off the main route of travel, however, and the building was old, ramshackly and set down from the street level, the lot lying in a depression in the ground so that one had to descend three steps to the entrance.