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Over the hills to the eastward the grey dawn was slowly breaking: the long stretch of marshland which lies between Market Milcaster and the sea was white with fog: on the cypresses and acacias of the cemetery hung veils and webs of gossamer: everything around them was quiet as the dead folk who lay beneath their feet.

"The Market Milcaster Bank is in reality almost entirely the property of two old families in the town, the Gutchbys and the Hostables. Owing to the death of his father, a young Hostable, fresh from college, came into the business.

At last they turned to memories of racing days at Market Milcaster. And at that Spargo determined on a bold stroke. Now was the time to get some information. Taking the silver ticket from his purse, he laid it, the heraldic device uppermost, on the palm of his hand, and approaching the group with a polite bow, said quietly: "Gentlemen, can any of you tell me anything about that?"

"You may, so long as you do not drag my name into the papers," she replied. "But pray, how do you know that I have the sad shame of being John Maitland's sister-in-law?" "I found that out at Market Milcaster," said Spargo. "The photographer told me Cooper." "Ah!" she exclaimed. "The questions I want to ask are very simple," said Spargo. "But your answers may materially help me.

Then, at night, a lot of old fogies sit round that end of the room and talk about old times. Old times, indeed! what they want in Market Milcaster is new times." Spargo pricked up his ears. "Well, but it's rather interesting to hear old fogies talk about old times," he said. "I love it!" "Then you can get as much of it as ever you want here," remarked the barmaid.

There was a crowded attendance of the public in anticipation of the trial of John Maitland, ex-manager of the Market Milcaster Bank, and the reserved portions of the Court were filled with the élite of the town and neighbourhood, including a considerable number of ladies who manifested the greatest interest in the proceedings.

I have a photograph of a small group of Market Milcaster notabilities which was taken at a municipal garden-party; Maitland and Chamberlayne are both in it. It's been put away in a cabinet in my drawing-room for many a long year, and I've no doubt it's as fresh as when it was taken."

"JOHN MAITLAND, aged 42, bank manager, of the Bank House, High Street, Market Milcaster, was formally charged with embezzling, on April 23rd, 1891, the sum of £4,875 10s. 6d., the moneys of his employers, the Market Milcaster Banking Company Ltd., and converting the same to his own use.

"Look in tonight any time after eight o'clock, and if you don't know more about the history of Market Milcaster by ten than you did when you sat down, you must be deaf.

That was why be transferred his abilities to Market Milcaster." "You can prove all this, I suppose?" remarked Spargo. "Every word every letter! But about the Market Milcaster affair: Your father, Breton, was right in what he said about Chamberlayne having all the money that was got from the bank.