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Eldgrim replied, "I will not hide it from you, though I know what kinship there is between you and Thorliek; but I tell you I have come after these horses, meaning that he shall never have them again. I have also kept what I promised him at the Thing, that I have not gone after the horses with any great company."

Eldgrim said, "My errand here is that I want to buy from you the stud-horses, those valuable ones that Kotkell gave you last summer." Thorliek answered, "The horses are not for sale." Eldgrim said, "I will offer you equally many stud-horses for them and some other things thrown in, and many would say that I offer you twice as much as the horses are worth."

Kotkell and his did not do much in working for their livelihood, but that winter they were in no need to buy hay or food; but an unbefriended neighbourhood was theirs, though men did not see their way to disturbing their dwelling because of Thorliek. About Hrut and Eldgrim, A.D. 995

Then Hrut sprang up in his shirt and linen breeches, and cast over him a grey cloak and took in his hand his gold inlaid halberd that King Harald had given him. He went out quickly and saw where a man was riding after horses down below the wall. Hrut went to meet him, and saw that it was Eldgrim driving the horses.

Hrut said that Thorliek must do what pleased him, and so they parted in no loving kindness. Hrut was eighty years old when he killed Eldgrim, and he was considered by that deed to have added much to his fame. They took this up gladly, and said they were quite ready to do so. Thorliek now went home.

Thorliek got angered at these words, and said, "You need, Eldgrim, to come to closer quarters if you mean to frighten out me the horses." Eldgrim said, "You think it unlikely that you will be beaten by me, but this summer I shall go and see the horses, and we will see which of us will own them after that." Thorliek said, "Do as you like, but bring up no odds against me."

Eldgrim said, "Go and warn Thorliek if you wish, for you may see I have prepared myself in such a manner as that I should like it well if we were to meet together, I and Thorliek," and therewith he brandished the barbed spear he had in his hand. He had also a helmet on his head, and a sword girded on his side, and a shield on his flank, and had on a chain coat.

Eldgrim now wanted to part, and gave the whip to his horse, and when Hrut saw that, he raised up his halberd and struck Eldgrim through the back between the shoulders so that the coat of mail was torn open and the halberd flew out through the chest, and Eldgrim fell dead off his horse, as was only natural. After that Hrut covered up his body at the place called Eldgrim's-holt south of Combeness.

Thorliek said, "I am no haggler, but these horses you will never have, not even though you offer three times their worth." Eldgrim said, "I take it to be no lie that you are proud and self-willed, and I should, indeed, like to see you getting a somewhat less handsome price for them than I have now offered you, and that you should have to let the horses go none the less."

He said he was called Eldgrim, and lived in Burgfirth at a place called Eldgrimstead but that abode lies in the valley which cuts westward into the mountains between Mull and Pigtongue, and is now called Grimsdale. Thorliek said, "I have heard you spoken of as being no small man."