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"I suspect that his plan," continued Semple, "is to make a sub-rosa offer of a few shillings for the majority of the shares, and reconstitute the Board, and then form another Company to buy the property and good-will of the old one at a handsome price. Now if that would be a good thing for him to do, it would be a good thing for me to do. I shall go over it all carefully, in detail, this evening.

Besides, she was very doubtful about the propriety of joining in these forbidden pleasures. All the girls broke that retiring rule more or less or so it seemed. But Miss Picolet could give such offenders black marks if she wished, and Ruth craved a clean sheet in deportment at the end of the half. She wondered how and when Helen proposed to hold the "supper sub-rosa"; but she would not ask.

"A little hunting, perhaps," he continued, "and I shall have a villa at Florence. The Villa Sub-Rosa would sound rather quaint and picturesque, don't you think, and quite a lot of people would be able to attach a meaning to the name. And I suppose I must have a hobby; I shall probably collect Raeburns."

The expression "sub-rosa" comes from that root, or "under the rose." It was evident that there were to be "midnight orgies" when Helen's goodies came from home. One of the quartettes on their corridor had indulged in a fudge party after hours already, and Ruth had been invited to be present. But she found that Helen was not going, so she refused.

Sherwood was not a member of the Committee of Vigilance, but he had subscribed heavily and openly to its funds; he had assisted it with his counsels; and it was hinted that, sub-rosa, he had taken part in some of the more obscure but dangerous operations.