Penny is in need of money, as usual, and is highly interested when a man shows her a clipping offering a reward for any information leading to the capture of the Headless Horseman. Penny and Louise travel to Red Valley to search for the horseman and find themselves trapped in a flood after a dam breaks.
enny leaped forward to rescue the precious clipping. Carefully she folded it into her purse. "Dad, I'm convinced Sleepy Hollow must be a real place. Why can't I go there to interview Mr. Burmaster?"
"Did you say Burmaster?"
"Yes, the person who offers the reward. He signed himself J. Burmaster."
"That name is rather familiar," Mr. Parker said thoughtfully. "Wonder if it could be John Burmaster, the millionaire? Probably not. But I recall that a man by that name built an estate called Sleepy Hollow somewhere in the hill country."
"There!" cried Penny triumphantly. "You see the story does have substance after all! May I make the trip?"
"How would you find Burmaster?"
"A big estate shouldn't be hard to locate. I can trace him through the Hobostein Weekly. What do you say, Dad?"
"The matter is for Mrs. Weems to decide. Now scram out of here! I have work to do."
"Thanks for letting me go," laughed Penny, giving him a big hug. "Now about finances--but we'll