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il enjoyed the joke immensely, but Jim was limp with the excitement of it and remained so for several courses of that interesting little dinner, although, towards the finish of it, he made ample amends with his dry humour and his brilliant sallies. He took possession of Margery finally, and Margery seemed greatly to enjoy being possessed, for to her Jim Langford was a type distinctly new, absolutely original and delightfully amusing. Jim arranged a motor trip for the ladies for the next morning, and was reluctant indeed to wish them "Good night," in order to take part in the long business talk which Phil and Mr. Ralston, Senior, had arranged. Right on until the early morning the three men sat in the smoking room of the Station Hotel discussing the country, the conditions and future possibilities. Phil and Jim furnished the local information, until father Ralston became almost as well posted as they were themselves. He was a keen business man, one who knew good opportunities when they were presented and who was never afraid to grasp them. Next morning early, as soon as he got up, Phil telephoned Eileen the wonderful news, but that alert little lady already knew, for the news had travelled quickly over the little town. Soon thereafter, two cars--one containing the two ladies and Jim, and the other Phil and his father--ran up to Royce Pederstone's. Eileen and her father came out, were introduced, and the cheerful little party set out for a tour of inspection over the neighbourhood. Every ranch of importance was visited, particular attention being given to the many possessed by Royce Pederstone, who, although greatly improved in health, was still far from well; and the visit to the beautiful places he possessed in name only, the great areas of wonderful property that would have to pass out of his keeping to satisfy his bank creditors, seemed to cast fresh gloom over the old man. They lunched in the open, and they visited the lakes. While the elderly folks sat and talked together, Phil wandered off with Eileen down among the trees by the lake side. There in the shade, sitting on a grassy knoll, he told her of the plans his father and Jim and he were formulating. He cajoled her, he coaxed her, then he bullied her; but it was only when he proved to her that everything was purely in the nature of an investment, that there was no question of bolstering a tottering edifice, that it was only because of its great po
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