"It's a wolf or panther that has scented my trail," was his conclusion, as he leaned over and peered cautiously down among the branches. The moon shone more brightly than upon any night since he had started, but the shadow of the trees themselves obscured his view so much that his vision was of little use to him. It seemed to him, however, when he looked downward in this fashion, that once or twice he caught sight of a shadowy creature, whisking back and forth, leaping about like a dog, and apparently ready to make a bound upward among the branches. But he could not make certain of what he saw, although there could be no doubt but that he heard something, and that some kind of a dangerous creature was close at hand. "I guess he isn't going to hurt me," was his conclusion, after watching and listening a half hour, and after finding a heavy drowsiness was stealing over him. In this comfortable state of mind, he soon closed his eyes, and relapsed into a deep, refreshing sleep, which lasted an hour or more, when it ended in a peculiar manner. Very few boys are apt to lie quiet in their beds, and Ned Chadmund, in turning over upon his side, turned completely out of bed, and dropped through the branches to the ground. The fall was so slight that it did not hurt him, except in the disagreeable shock that was inevitable. It flashed on him on the instant, and, recalling those stealthy footsteps that had so frightened him, he instantly sprang for the trunk, and began climbing with all the haste at his command. He was almost within reach of the limbs, when he heard a growl, and some denizen of the forest came plunging toward him. With a thrill of terror, the lad made a tremendous effort, caught the limb with one hand, swung his leg over and drew himself up. As he did so, he felt distinctly the wind made by the body of the beast, as it leaped upward, and snapped with his huge jaws at his legs, which were withdrawn from its fangs just as they closed together. The creature, whatever it was, made a running leap, that carried him some distance beyond, when he struck the ground and ran a few leaps before turning about and retracing his steps. Without waiting to gain a more distinct view, the lad crept back to his perch, where he tremblingly awaited the moment when it was to bound up among the limbs and attack him. After gaining his former position, he sat for a few minutes shivering like one with the ague, forgetting even to think of the revolver with which to defend himself in case the brute assaulted him. But it may have been that the dumb creature believed that he was already frightened to death, and there was no occasion for attempting anything further. At any rate nothing more was seen or heard of him.