Nugget dashed by Clay without stopping, and crossed the stream, close to the lower end of the pool, in two or three frantic leaps.

Clay was frightened himself, but observing that the rustling noise in the thicket had ceased, he boldly stood his ground, taking the precaution, however, to exchange his fishing rod for the gun.

"What's wrong?" he demanded, turning warily toward Nugget, who was on the opposite side of the stream with one hand clasping the low boughs of 3 pine tree.

"There's some wild animal in there," cried Nugget hoarsely. "It looked at me with its shining eyes, and then growled. Shoot it quick, before it comes out."

Just then the rustling in the thicket recommenced, and with wonderful celerity Nugget disappeared into the heart of the tree.

But the creature, whatever it might be, was going in the opposite direction from the pool. This emboldened Clay, and without hesitation he started in pursuit, paying no attention to Nugget's appealing cries. Guided by the threshing of bushes he pushed on for ten or twenty yards.

Then it suddenly occurred to him that the animal might be a wildcat or even a bear, that had strayed down from the mountains. A close encounter of this nature was by no means to Clay's liking. He stopped, and was just about turning back, when he saw a dark object passing through a break in the thicket about thirty feet away.

The shadows were too deep to afford a good glimpse of the animal, but Clay did not hesitate. Drawing the gun to his shoulder he took quick aim and fired.

When the smoke cleared the creature had vanished, but from a distance came a queer grunting noise mingled with the hasty crashing of the bushes.

"I believe that was a bear," muttered Clay, "and unless I'm greatly mistaken I put a few shot into his hind quarters."