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Joe noticed with pleasure that Iola, Chet's sister, was waving to them from the front porch.

Dark-haired Iola, slim and vivacious, was Joe's favorite date.

When they told her about the counterfeit bill, she exclaimed, "What a shame!"

Joe agreed emphatically. "And we'd sure like to get a lead on the man who passed it to Chet."

"Sounds as if you Hardys are in the mood for some sleuthing," Iola said with a twinkle in her eye.

"What's this about sleuthing?" asked attractive Mrs. Morton as she came outside and joined the group.

The boys quickly explained. Then Chet asked his mother, "Is Dad around?"

Mrs. Morton smiled. "He isn't here right now, Chet. He's attending to an important job."

Chet looked disappointed until his sister giggled and said, "Dad's not too far away." Iola winked at her mother and they both began to laugh.

" "Your father's important job is at his favorite fishing spot," Mrs. Morton told Chet.

"Fishing!" Chet exclaimed. "He never goes fishing during the week!"

"He did this time," said Mrs. Morton. "I guess the good weather was too much for him to resist."

A few minutes later the boys were in the jalopy and driving down a country road bordered by

woods. A half mile farther, Chet stopped and turned off the Queen's engine. The sound of

rushing water could be heard.

'This is the spot," Chet announced, and they started off through the woods.

The boys soon came to a clear running stream and spotted Mr. Morton seated contentedly on

the bank.

He was leaning against a tree, holding his rod lightly between his knees and steadying it with his hands.

Just as the boys called a greeting to him, the line began to jerk and almost immediately the rod bent till the tip was close to the water. Mr. Morton leaped to his feet and shouted, "Just a minute, fellows! I've hooked a lulu!"

Mr. Morton was an expert. He let the fish take just enough line to bury the hook properly, then he very gently braked the reel with his thumb.

So intent was Mr. Morton on his fishing, he was not aware that his son was now rushing down

the slope toward him. Suddenly Chet slipped on a moss-covered rock and fell forward. He lost

his grip on the box containing the microscope and it flew toward the water. Joe, behind Chet,

leaped forward and grabbed the box.

"Whew!" Chet exclaimed, regaining his balance. "Good work, Joe! Thanks a million!"

The three boys joined Mr. Morton, who was busy landing his catch, a fine, smallmouthed black

bass. He held up the fish for them to admire. "Isn't it a beauty, boys?" he said.

"Terrific, Dad," Chet replied, still out of breath from his near tumble. "And I have something to show you."

He unwrapped the package and held out the microscope. Mr. Morton put the fish in his creel,

then studied the instrument closely.

"It's a topnotch one, son," he declared. "And just the model you wanted."

"Yes, Dad. Only there's a slight problem connected with it,"

"Oh-oh." Mr. Morton chuckled good-naturedly. "I should have known from the look on your face. You didn't have enough money, after all. Well, how much do you need?"

"That isn't all there is to it," Chet hastened to inform him, and told about the counterfeit bill.

Mr, Morton's face darkened. "I hope we're not in for a flood of phony bills."

Frank nodded. "Especially since these are very clever imitations."

Chet's father handed over twenty dollars in small bills.

"Thanks, Dad."

"From now on, Chet, be careful about making change for strangers," Mr. Morton cautioned.

"I will," his son promised fervently. "Getting cheated once is enough!"

Chet paid the Hardys the money they had lent him. Then he said to his father, "I sure was surprised when Mother told me you were fishing -in the middle of the week."

Mr. Morton smiled broadly. "I've been working hard the past year on the big sale of land to Elekton Controls," he said. "I thought it was time to take an afternoon off and do some thinking while the fish were nibbling."

"Is that the property in back of the plant they just finished building?" asked Frank.

"That's right." Mr. Morton pointed upstream. "You can just see the top of the main building from here."

"The property you sold has the old Turner mill on it," Joe remarked. "Quite a contrast. A company that makes top-secret control parts for space missiles in a modern building right next to an ancient, abandoned gristmill."

"I suppose they'll tear the old place down," Frank remarked.

"No, Elekton has decided to use it," Mr. Morton went on. "I suggested to them that the old mill would make an attractive gatehouse for the plant's rear entrance. After all, it's a historic place, built by the settlers when this whole area was inhabited by Indians. The company has

renovated the old mill a bit, restoring the old living quarters and adding modern facilities."

"Is someone living there?" Joe asked with interest.

"I understand a couple of their employees are," Mr. Morton replied. Then he continued,

"They've even repaired the wheel, so it's turning again. Hearing the rushing water and the grinding of the wheel's gear mechanism brought back memories to me."

"About the Indians, Dad?" Chet joked.

"Not quite, son." His father smiled. "But I can remember when the mill produced the best flour around here. Your grandmother made many a delicious loaf of bread from wheat ground in the

Turner mill."

"That's for me!" Chet said.

Everyone laughed as Mr. Morton reminisced further about having seen the mill in full operation when he was a boy. Suddenly he and the Hardys noticed that Chet had fallen silent. There was a familiar, faraway look in his eyes.

Joe grinned. "Chet, you're turning some new idea over in your mind."

"That's right," Chet said excitedly. "I've been thinking that maybe I could get a summer job at Elekton."

Mr. Morton exchanged amazed glances with the Hardys at the thought of Chet's working during

the summer vacation! But, with growing enthusiasm, Chet went on: "I could earn the twenty dollars I owe you, Dad. Besides, if I am going to be a scientist, I couldn't think of a better place to work."

"Elekton's a fine company," his father said. "I wish you luck, son."

"Thanks, Dad." Chet smiled broadly. "See you later. I have to go now and pay Mr. Reed the money I owe him."

On the drive back to town, Chet told Frank and Joe that he was going to apply for a job at the Elekton plant the next day.

"We'll go along," Joe offered. "I'd like to see the plant and the old mill."

"Swell," said Chet.

When they reached the shopping area in Bayport, Chet drove directly to Mr. Reed's store. The

three boys had just alighted from the parked car when Chet excitedly grabbed his friends' arms.

"There he is!" the chubby boy exclaimed. "Right down the street-the man who gave me that phony twenty!"

CHAPTER IV

The Shadowy Visitor

"THERE he goes! Across the street!" Joe said excitedly. "Let's ask him about the counterfeit bill!"

The three boys broke into a run, dodging in and out of the crowd of afternoon shoppers. The

Hardys kept their eyes trained on the stocky figure of their quarry.

But their chase was halted at the corner by a red traffic light against them. The street was

congested with vehicles and it was impossible for the boys to get across.

"What luck!" Joe growled impatiently.

It seemed to be the longest red light they had ever encountered. When it changed, the

threesome streaked across the street-but it was too late. The stocky man was lost to sight. The Hardys raced down the next two blocks, peering "in every direction, but to no avail.