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Then said Thorstein, "Nor do I think it needful to delay making known to you what we have in our mind to do; for we, deeming that we shall get the better of you by reason of the odds on our side, have bethought us of two choices for you: one choice is, that you do this matter willingly and take in return our friendship; but the other, clearly a worse one, is, that you now stretch out your hand against your own will and sell me the land of Herdholt."

Olaf kept his word to the bonds-woman, and gave her her freedom, and she went home to Herdholt. Hallbjorn Whetstone-eye was washed up by the surf a short time after he was drowned. It was called Knorstone where he was put in the earth, and his ghost walked about there a great deal. There was a man named Thorkell Skull who lived at Thickshaw on his father's inheritance.

Olaf rode to the Thing that summer, and Kjartan rode with his father from the west out of Herdholt, and they parted at North-river-Dale. From thence Kjartan rode to his ship, and his kinsman Bolli went along with him. There were ten Icelanders altogether who went with Kjartan on this journey, and none would part with him for the sake of the love they bore him.

Olaf was considered the noblest of all Hoskuld's sons. The first winter that Olaf kept house at Herdholt, he had many servants and workmen, and work was divided amongst the house-carles; one looked after the dry cattle and another after the cows. Olaf answered, "I wish you to go on with this same work of yours." The man said he would sooner go away.

They now rode out of Herdholt and went on till they came to Laugar. There were a great many men gathered together already. Kjartan marries Hrefna, A.D. 1002 Bolli, together with the sons of Osvif, went out to meet Olaf and his company, and gave them a cheery welcome. Bolli went to Kjartan and kissed him, and Kjartan took his greeting.

Later on people came in and picked Halldor up off the floor, and Bersi got better. Halldor was brought up there, and was a tall man and doughty looking. Kjartan, Olaf's son, grew up at home at Herdholt. He was of all men the goodliest of those who have been born in Iceland. He was striking of countenance and fair of feature, he had the finest eyes of any man, and was light of hue.

Olaf now rides home to Herdholt, and Kjartan remained with his ship during the summer. He now heard of the marriage of Gudrun, but did not trouble himself at all over it; but that had heretofore been a matter of anxiety to many. Kjartan bade his sister Thurid have such of his wares as she liked, and the same Kalf said to Hrefna.

The Building of Herdholt, A. D. 960 Olaf and Thorgerd lived at Hoskuldstead and loved each other very dearly; it was easily seen by every one that she was a woman of very high mettle, though she meddled little with every-day things, but whatever Thorgerd put her hand to must be carried through as she wished.

Thorgerd went away and thought her business had sped well, and now told Giermund the upshot of it. He thanked her for her help and her determination, and Giermund broached the wooing a second time to Olaf, and now won the day easily. After that Giermund and Thured were betrothed, and the wedding was to be held at the end of the winter at Herdholt.

It is told that Olaf lived three winters after Kjartan was slain. After he was dead his sons shared the inheritance he left behind. Halldor took over the manor of Herdholt. Thorgerd, their mother, lived with Halldor; she was most hatefully-minded towards Bolli, and thought the reward he paid for his fostering a bitter one. The Killing of Thorkell of Goat's Peak