Copyright, 1932
The Goldsmith Publishing Company
Made in U. S. A.

CONTENTS

CHAPTER PAGE

I Caught in the Storm 11

II A Rescue 20

III A Puzzling Letter 29

IV A Fruitless Search 38

V Clyde Wendell’s Mission 47

VI Startling Developments 55

VII In a Hollow Log 67

VIII A Night Caller 78

IX A Significant Title 86

X An Unsatisfactory Test 91

XI The Secret Hiding Place 97

XII The Awaited Message 103

XIII The Missing Book 108

XIV The Shortcut 117

XV What the Book Revealed 121

THE MISSING FORMULA

CHAPTER I
Caught in the Storm

“You couldn’t hire me to spend a night alone atStewart Island! Imagine how lonely and terrifyingit must be for Anne Fairaday!”

Madge Sterling did not give the impression of agirl easily daunted. Gazing out across the stretchof ruffled water toward the pine-covered islewhich drowsed like a huge green sea turtle in theheat of a midsummer sun, she made a most strikingpicture. Her auburn hair had been whipped carelesslyback from her face by the wind. She wastanned to a healthy, mellow bronze, and the blueof her sweater exactly matched the blue of hereyes—eyes which at the moment were troubled andserious.

“It doesn’t seem right for Anne to stay therewithout a companion,” she continued, addressingthe kindly-faced, elderly woman who stood besideher at the boat landing.

Mrs. Brady nodded soberly.

“We really should do something about it. I hadno idea she was staying alone until Jack French toldus this morning. Of course, the Fairadays alwayshave kept to themselves. This girl may not care tohave us interfere in her private affairs.”

“Everything is changed now, Aunt Maude,”Madge protested quickly. “I’m sure Anne wouldhave mixed more with folks if her father hadn’tkept her so close at home. Now that he is dead sheneeds friends more than ever.”

“Why not go over there this afternoon and findout how matters stand?” Mrs. Brady suggestedquietly. “The least we can do is to invite her tostay here at the lodge until she has had time to planher future.”

Madge’s face brightened and she gave

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