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up to this point," he judged. "I don't think that at any point it will be high enough to cover the springs. We don't want it to if we can help it, for that would destroy some of the beauty of it. Have you noticed that our lake will be much like a kite in shape, with this winding ravine the tail of it. We'll have to take in a lot of acreage to cover this property, but it will be worth it. I'm going to look after options right away. I'm glad now I had already decided to stay another two weeks."

Of course she was still angry with Sam, she reminded herself, but she was inexpressibly glad, somehow or other, to find that he was intending to stay two weeks longer, and was startled as she recognized that fact.

"It will take a lot of money, won't it, to build a hotel here?" she asked, getting away from certain troublesome thoughts as quickly as she could.

"Yes, it will take a great deal," he admitted, as they turned to scramble down the ravine again. "I should judge, however, that about two hundred and fifty thousand dollars would finance it."

"But I thought, from something father once said, that you did not have so much money as that?"

"Bless you, no!" replied Sam, smiling. "No indeed! I've enough to cover an option on this property and that's about all, now, since I'm tangled up so deeply with my Pulp Company, but I figure that I can make a quick turn on this property to help me out on the other thing. What I'll do," he explained, "is to get this option first of all, and then have some plans drawn, including a nice perspective view of the hotelβ€”a water-color sketch, you know, showing the building fronting the lakeβ€”and upon that build a prospectus to get up the stock company. I'll take stock for my control of the land and for my services in promotion. Then I'll sell my stock and get out. I ought to make the turn in two or three months and come out fifteen, or possibly twenty or twenty-five thousand dollars to the good. It is a nice, big scheme."

"Oh," she said blankly, "then you wouldn't actually build a hotel yourself?"

"Hardly," he returned. "I'll be content to make the profit out of promoting it that I'd make in the first four or five years of running the place."

"I see," she said musingly; "and you'd get this up just like you formed your Marsh Pulp Company, I think father called it, and of course you'd try to getβ€”what is it?β€”oh, yes; control."

He smiled at her.

"I'd scarcely look for that in this deal," he explained. "If I can just get a nice slice of promotion stock and sell it I shall be quite well satisfied."

She bent puzzled brows over this new problem.

"I don't quite understand how you can do it," she confessed, "but of course you know how. You're used to these things. Father says you're very good at promoting."

"That's the way I've made all my money, or rather what little I have," he told her, modestly enough. "I expect this Pulp Company, however, to lift me out of that, for a few years at least; then when I come back into the promoting field I can go after things on a big scale. The Pulp Company ought to make me a lot of money if I can just keep it in my own hands," and involuntarily he sighed.

She looked at him musingly for a moment, and was about to say something, but thought better of it and said something else.

"The tail of your kite will be almost a perfect letter 'S'," she observed. "How beautiful it will be; the big, broad lake out there in the main valley, and then the nice, little, secluded, twisty waterway back in through here; a regular lover's lane of a waterway, as it were. I don't suppose these springs have any names. They must be named, andβ€”why, we haven't even named the lake!"

"Yes, we have," he quickly returned. "I'm going to call it Lake Josephine."

"You haven't asked my permission for that," she objected with mock severity.

"There are plenty of Josephines in the world," he calmly observed. "Nobody has a copyright on the name, you know."

She smiled, as one sure of her ground.

"Yes, but you wouldn't call it that, if I were to object seriously."

"No, I guess I wouldn't," he gave up; "but you're not going to object seriously, are you?"

"I'll think it over," she said.

They were now making their way along a bank that was too difficult of travel to allow much conversation, though it did allow some delicious helping, but when they came out into the main valley where they could again look down on the road, they paused to survey the course over which they had just come, and to appreciate to the full the beauty of Sam's plan.

"I don't believe I quite like your idea of the hotel built down there at the roadside," she objected as they sat on a huge boulder to rest. "It cuts off the view of the lake from passers-by, and I should think it would be the best advertisement you could have for everybody who drove past there to say: 'Oh, what a pretty place!' Now I should think that right about here where we are sitting would be the proper location for your hotel. Just think how the lake and the building would look from the road. Right here would be a broad porch jutting out over the water, giving a view down that first bend of the kite tail, and back of the hotel would be this big hill and all the trees, and hills and trees would spread out each side of it, sort of open armed, as it were, welcoming people in."

"It couldn't be seen, though," objected Sam. "The dam down there would necessarily be about thirty feet high at the center, and people driving along the roadway would not be able to see the water at all. They would only see the blank wall of the dam. Of course we could soften that by building the dam back a few feet from the roadway, making an embankment and covering that with turf, or possibly shrubbery or flowers, but still the water would not be visible, nor the hotel!"

"I see," she said slowly.

They both studied that objection in silence for quite a little while. Then she suddenly and excitedly ejaculated:

"Sam!"

He jumped, and he thrilled all through. She had called him Sam entirely unconsciously, which showed that she had been thinking of him by that familiar name. With the exclamation had come sparkling eyes and heightened color, not due to having used the word, but due to a bright thought, and he almost lost his sense of logic in considering the delightful combination. It occurred to him, however, that it would be very unwise for him to call attention to her slip of the tongue, or even to give her time to think and recognize it herself.

"Another idea?" he asked.

"Indeed yes," she asserted, "and this time I know it's feasible. I don't know much about measurements in feet and inches, but there are three feet in a yard."

"Yes."

"Well, doesn't the road down there, from hill to hill, dip about ten yards?"

"Yes."

"Well then, that's thirty feet, just as high as you say the dam will have to be. Why not raise the road itself thirty feet, letting it be level and just as high as your dam?"

Sam rose and solemnly shook hands with her.

"You must come into the firm," he declared. "That solves the entire problem. We'll run a culvert underneath there to the fields. The road will reinforce the dam and the edge of the dam will be entirely concealed. It will be merely a retaining wall with a nice stone coping, which will be repeated on the field side. There will be no objection from the county commissioners, because we shall improve the road by taking two steep hills out of it. Your plan is much better than mine. I can see myself, for instance, driving along that road on my way to Hollis Creek from Restview, looking over that beautiful little lake to the hotel beyond, and saying to myself: 'Well, next summer I won't stop at Hollis Creek. I'll stop at Lake Jo.'"

"I thought it was to be Lake Josephine," she interposed.

"I thought so too," he agreed, "but Lake Jo just slipped out. It seems so much better. Lake Jo! That would look fine on a prospectus."

"You'd print the cover of it in blue and gold, I suppose, wouldn't you?"

"There would need to be a splash of brown-red in it," he reminded her, considering color schemes for a moment. "The roof of the hotel would, of course, be red tile. We'd build it fireproof. There is plenty of gray stone around here, and we'd build it of native rock."

"And then," she went on, in the full swing of their idea, "think of the beautiful walks and climbs you could have among these hills; and the driveway! Your approach to the hotel would come around the dam and up that hill, would wind up through those trees and rocks, and right here at the bend of the ravine it would cross the thick part of the kite tail to the hotel on a quaint rustic bridge; and as people arrived and departed you'd hear the clatter of the horses' hoofs."

"Great!" he exclaimed, catching her enthusiasm and with it augmenting his own, "and guests leaving would first wave good-by at the porte-cochère just about where we are sitting. They'd clatter across the bridge, with their friends on the porch still fluttering handkerchiefs after them; they'd disappear into the trees over yonder and around through that cleft in the rocks. And see; on the other side of the cleft there is a little tableland which juts out, and the road would wind over that, where carriages would once more be seen from the hotel porch. Then they'd twist in through the trees again down the winding driveway, and once more, for the very last glimpse, come into view as they went across our new road in front of the lake; and there the last flutter of handkerchiefs would be seen. You know it's silly to stand and wave your friends out of sight for a long distance when they're always in view, but if the view is interrupted two or three times it relieves the monotony."




CHAPTER XVIII SAM TURNER ACQUIRES A BUSINESS PARTNER

They followed the stream down to the road, at every step gaging with the eye the height of the lake and judging the altered scenic view from the level of the water. There would be room for dozens and dozens of boats upon that surface without interference. Sam calculated that from the upper spring there would be headway enough to run a small fountain in the center, surrounded by a pond-lily bed which would be kept in place by a stone curbing. In the hill to the right there was a deep indenture. Back in there would go the bathing pavilions. They even went up to look at it, and were delighted to find a natural, shallow bowl. By cementing the floor of that bowl they could have a splendid swimming-pool for timid bathers, where they could not go beyond their depth; and it was entirely surrounded by a thick screen of shrubbery. Oh, it was delightful; it was perfect! At the road they looked back up over the valley again. It was no longer a valley. It was a lake. They could see the water there. Sam drew from his pocket a pencil and an envelope.

"The hotel will have to be long and tall," he observed, "for there will not be much room on that ledge, from front to back. The building will stretch out quite a

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