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tion of delight, Brereton turned over the pages of that queer record of crime and detection until he came to one over which the figure 1881 stood out boldly. A turn or two more of pages, and he had found what he wanted. There it was--a long cutting from what was evidently a local newspaper--a cutting which extended over two or three leaves of the book--and at the end a memorandum in Kitely's handwriting, evidently made some years before. The editor of that local newspaper had considered the case which Kitely had so carefully scissored from his columns worthy of four headlines in big capitals:-- THE BUILDING SOCIETY DEFALCATIONS MALLOWS AND CHIDFORTH AT THE WILCHESTER ASSIZES VERDICT AND SENTENCE Brereton settled down to a careful reading of the report. There was really nothing very remarkable about it--nothing exciting nor sensational. It was indeed no more than a humdrum narrative of a vulgar crime. But it was necessary that he should know all about it, and be able to summarize it, and so he read it over with unusual care. It was a very plain story--there were no complications. It appeared from the evidence adduced that for some time previous to 1881 there had been in existence in Wilchester a building society, the members of which were chiefly of the small tradesman and better-class working-man order. Its chief officials for a year or two had been John Mallows and Mark Chidforth, who were respectively treasurer and secretary. Mallows was foreman to a builder in the town; Chidforth was clerk to the same employer. Both were young men. They were evidently regarded as smart fellows. Up to the time of the revelations they had borne the very best of characters. Each had lived in Wilchester since childhood; each had continued his education at night schools and institute classes after the usual elementary school days were over; each was credited with an ambitious desire to rise in the world. Each, as a young man, was attached to religious organizations--Mallows was a sidesman at one of the churches, Chidforth was a Sunday-school teacher at one of the chapels. Both had been fully and firmly trusted, and it appeared from the evidence that they had had what practically amounted to unsupervised control of the building society's funds. And--the really important point--there was no doubt whatever that they had helped themselves to some two thousand pounds of their fellow-members' money. All this was clear enough:
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