"Gracious, you're a regular Sherlock Holmes at the drop of the hat," laughed Billy. "What do you think, Jack?"
"I don't know. He's going toward the wharf and I don't see just what he could steal there."
"Look at him stop and glance all around him as if he was afraid of being followed," whispered Billy.
"That doesn't look like an honest man's action, certainly," agreed Jack. "Come on, boys; we'll see what's in the wind. Do you know, somehow I've got an idea that we've seen that fellow somewhere before."
"What gives you that impression?" asked Billy.
"I can't say – it's just a feeling I've got. An instinct I guess you might call it."
The three boys moved forward as stealthily as did the man whose actions had aroused their suspicions. Presently they saw him cut across a small patch of lawn and strike into a narrow path which led among some trees.
With every care to avoid making any noise, the three boys followed. The path led to the edge of a cliff, down the face of which a flight of stone steps ran down to the water's edge. The man descended these.
"What can he be? A smuggler," suggested Billy.
"I don't see any boat down there, if he is," rejoined Jack in low tones.
Suddenly a sharp, low exclamation came from Noddy, who had been looking out over the lake.
He caught Jack's arm and pointed.
"Look, boys, a yacht!" he breathed.
"Heading in this way, too," rejoined Jack. "It looks like – but no, it cannot be."
"Cannot be what?" asked Billy, caught by something in his companion's voice.
"Cannot be the Speedaway."
"Judson's craft, the one that ran us down? Nonsense, you've got Judson on the brain, Jack."
"Have I? Well, it's an odd coincidence, then, that the yacht yonder has a tear in her foresail exactly where our bowsprit tore the Speedaway's jib this afternoon."
"By hookey, you're right, Jack!" cried Noddy. "There may be more to this than we think."
Billy was peering from behind a bush over the edge of the cliff, which was not very high.
He could see below, the dark figure of a man making a black patch in the gloom upon the white beach. He was moving about and pacing nervously to and fro on the shingle as if awaiting something or somebody.
Suddenly he made a swift move.
"He's waving his handkerchief," whispered Billy to the others, as he saw the man make a signal with a square of white linen.
"To that yacht, I'll bet a cookie," exclaimed Noddy.
As if in answer to his words there suddenly showed, on the yacht, a red lantern, as if a scarlet eye had suddenly opened across the dark water.
CHAPTER VI.
IN THE DARK
"Something's in the wind sure enough," said Jack. "Hark, there's the plash of oars. They must be going to land here."
From below there came a man's voice.
"Right here, Judson; here's the landing place. Are you alone?"
"No, my son is with me," came the reply, "but for heaven's sake, man, not so loud."
"There's no one within half a mile of this place. I came down through the grounds and they were deserted."
"Humph, but still it's as well to be careful. One never knows what spies are about," came the reply.
The boys, nudging each other with excitement, heard the bow of the boat scrape on the shingly beach and then came the crunch of footsteps.
"They are coming up the steps," whispered Jack in low, excited tones.
"That's right, so they are," breathed Billy cautiously. "Let's get behind the trees and learn what is going on."
"It's something crooked, that's sure," whispered Noddy.
"I begin to think so myself," agreed Jack, "but that man's voice, as well as his figure, seemed familiar to me when he hailed Judson, but I can't, for the life of me, think where I heard his voice before."
The three lads lost no time in concealing themselves behind some ornamental bushes in the immediate vicinity. They were none too soon, for hardly had they done so when the figures of two men and a boy appeared at the top of the steps.
"Phew," panted Judson, "I'm not as young as I was. That climb has made me feel my age. Let's sit down here."
"Very well, that bench yonder will be just the place," agreed the man the boys had followed, and who had seemed so oddly familiar to Jack.
The seat they had selected could hardly have been a better one for the boys' purpose. It was placed right against the bush behind which they were hiding. The voices came to them clearly, although the speakers took pains to modify them.
"Well, I've been waiting for you," came in the voice of the man the boys had instinctively followed.
"We'd have got here sooner, but were delayed by an accident, or rather a sort of accident on purpose that occurred this afternoon. I was glad to see that you hadn't forgotten our night signal code," said Judson.
"What was the accident?" asked the man, who was a stranger to the boys, who were listening intently.
"Oh, just three brats who are summering here," scoffed Donald Judson. "They appeared to think they owned the bay, and I guess it was up to me to show them they didn't. I guess Jack Ready will be on the market for another boat before long and – "
"Hold on, hold on," exclaimed the strange man. "What was that name?"
"Ready, Jack Ready. He thinks he's a wizard at wireless. Why, do you know him, Jarrow?"
Jarrow, at the sound of the name there, brought into Jack's mind the recollections of the rascally partner of Terrill & Co., who had financed his uncle's treasure hunt and had then tried to steal the hoard from him. It was Jack who had overthrown the rascal's schemes and made him seek refuge in the west to escape prosecution. Yet he had apparently returned and in some way become associated with Judson. Noddy, too, as had Bill, had started at the name. Both nudged Jack, who returned the gesture to show that he had heard and understood.
"So Ready is here, eh?" growled Jarrow. "Confounded young milksop."