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Julian asked in bewilderment: “What did they do?”

“They sold Cadwal for one sol, receipt of which is hereby acknowledged. It is signed 'Pirie Tamm' and dated yesterday.”

“You will find the sum of one sol duly entered into the Naturalist Society account," said Pirie Tamm.

“That is fraud!" cried Julian. He snatched the document. “‘Sold to the association known as the CADWAL CONSERVANCY for the sum of one sol.’” Julian turned to Mr. Fath. “Can they do that?”

“In short simple words: yes. It has been done. This grant, if you notice, is now stamped, VOID BY REASON OF SUPERSESSION.”

Julian turned to Glawen. “Where is the new Grant?”

“Here is a copy. It has been recorded. The original is in the safe deposit."

"You are still Secretary of the Naturalist Society,” said Wayness. "It is a fine new career for you!”

"I resign,” cried Julian in brassy tones. He swung around to his friends. “There is nothing more here for us; we are in a den of conservationists; they sting like wasps and bite like serpents. Let us go.” He clapped the hat on his head and stalked from the room, followed by his four friends.

Wayness asked Pirie Tamm: “Who is Secretary of the Naturalist Society now?”

“Not I," said Pirie Tamm. “I fear that there is no more Naturalist Society. It is over and past.”