Caddy Buddy books

"I hope so," was the reply. "Have you some notes in your possession
payable to Walter Monroe?"
"Who asks the question?"--very civilly.
"My name is Monroe."
"Ah! Mr. Sandford is your agent, I presume?"
"Yes. I left the notes with him."
"And you wanted to raise some money on them?"
"Yes, that is what I wish."
"Then you'll be pleased to know that Mr. Sandford has anticipated you. I
loaned him eight thousand dollars upon them this morning."
"Loaned _him_ eight thousand dollars?"
"Certainly. Is it extraordinary that your agent has done what you
desired?"
"I never asked him to borrow for me; and I never authorized him to
transfer the notes."
"He hasn't transferred them; he has only pledged them."
"He couldn't pledge them; he had no legal right in them."
"But he _has_ pledged them, and they are in my safe, subject to the
repayment of the sum I loaned."
"If you have loaned Mr. Sandford money, that is your affair."
"And yours, too, my friend, you will find, if he doesn't pay it."
"You haven't a right to detain the notes a moment.


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