THE STORY OF THROND OF GATE
COMMONLY CALLED THE TALE OF THE MEN OF THE FÆREYS
 One day in the spring, what time the races ran faster and men thought no ship could live on the main or between the islands, Sigmund set out from home in Scufey with thirty men and two ships, saying that he would run the risk and carry out the king's errand or else die. They ran for Eastrey and made the island; they got there at nightfall without being seen, made a ring round the homestead at Gate, drove a trunk of wood at the door of the house where Thrond slept, and broke it down, then laid hands on Thrond and led him out. Then said Sigmund, "It happens now, as it often does, Thrond, that things go by turns. Thou didst cow me last harvest-tide, and gave me two hard things to choose between; and now I will give thee two very unlike things to choose between: the one is good---that thou take the true faith and let thyself be baptized, or else thou shalt be slain here on the spot; and that is a bad choice for thee to make, for thereby thou shalt swiftly lose thy wealth and earthly bliss in this world, and get instead woe and the everlasting torments of hell in the other world." But Thrond said, "I will not fail my old friends." Then Sigmund sent a man to kill Thrond, and put a great axe in his hand; but as he went up to Thrond with the axe on high, Thrond looked at him and said, "Strike me not so quickly. I have something to say first. Where is my kinsman Sigmund?" "Here am I," said he. "Thou alone shalt settle between me and thee, and I will take thy faith as thou wilt." Then said Thore, "Hew at him, man!" But Sigmund said, "He shall not be cut down this time." "It will be thy bane and thy friends' as well if Thrond get off today!" said Thore. But Sigmund said that he would risk that. Then Thrond was baptized by the priest and all his household. Sigmund made Thrond come with him when he was baptized. And then he went through all the Færeys and stayed not till the whole people was christened. Then he gat his ship ready in the summer, and was minded to sail to Norway to take King Olave his scot and bring Thrond of Gate to him. Now, when Thrond was aware that Sigmund meant to take him to the king, he would fain have begged off going; but Sigmund would not have it, and struck the land-tents as soon as the wind was fair. But before they had gone far on the main they were met by a great swell and storm, and were driven back thereby to the Færeys, and their ship was wrecked and all their gear lost. But of the men most were saved. Sigmund saved Thrond and many others. Thrond said that they would never make a smooth run if they made him go with them against his will. Sigmund said he should go all the same, though he did take it ill. Then he took another ship and goods of his own to give the king instead of his scot, for he had no lack of gear. They put to the sea for the second time, and got a little farther on their way than before, when there met them a great wind blowing in their teeth that drove them back again to the Færeys and wrecked their ship. Then Sigmund said that he thought some stoppage must have been laid upon their cruise. Thrond said it would be so as often as they tried it if they took him with them against his will. So Sigmund let him loose on the understanding that he should swear a holy oath to have and hold the Christian faith, and to be trusty and true to King Olave and to Sigmund, not to hold back or hinder any man in the islands from keeping faith and homage to them, to forward and fulfil the bidding of King Olave, and any other thing that he should bid him do in the Færeys. And Thrond swore freely the fullest oaths that Sigmund could put to him. Then Thrond fared home to Gate, and Sigmund sat in Scufey at his homestead through the winter, and it was late in harvest-tide when they were driven back the second time. And he let mend the ship that was least hurt. And the winter was quiet and tidingless in the Færeys.
Thrond will not go to King Olave.
 When Sigmund Brestesson had christened all the Færeys, according to the word of King Olave Tryggwesson, he thought to take Thrond of Gate east with him, but was twice driven back as is above written. Albeit he got himself bound again and made a good run, and got to Norway and found King Olave north in Nithoyce, and brought him the money which he had made ready instead of the Færeys' scot that he had lost the summer before, and also the scot that was to be paid up then. The king welcomed him, and he dwelt with the king many days that spring. Sigmund told the king clearly all that had happened, and of the change that was wrought in Thrond and the other islanders. The king answered, "Ill it is that Thrond hath not come to see me, and it is a mischief to your home there in the islands that he is not driven abroad, for it is my belief that he is the worst man in all the Northlands."
One day in the spring King Olave said to Sigmund, "We will amuse ourselves today, and prove our feats of skill." "I am not the man for that, lord," said Sigmund, "but thou shalt have thy way in this as in all other things that are in my hands." Then they tried their might in swimming and shooting and other feats or skill and strength, and men say that Sigmund came very nigh King Olave in many feats, albeit he came short of him in all, as did every other man that was then living in Norway.
King Olave asks Sigmund for the Ring.
 It is said that once on a time as King Olave sat at drink, for he had given a feast to his house-carles, and there were many men bidden to it, Sigmund also was there, for he was in great favour with the king, and there sat but two men between the king and Sigmund. And it happened that Sigmund stretched forth his arm on the board. The king looked and saw that Sigmund had a thick gold ring on his arm, and he said, "Let me see the ring, Sigmund." He took the ring off his arm and handed it to the king. Then the king said, "Wilt thou give me this ring?" "It was in my mind, lord," said Sigmund, "never to part with that ring." "I will give thee another instead," said the king, "that shall be no less and no uglier than this." "I cannot part with this," said Sigmund, "for I gave my word to Earl Hacon with all my heart when he gave me the ring that I never would, and I must hold to it, for the sake of his goodwill to me that gave it, for the Earl also dealt well with me in many ways." Then said the king, "Think as well of him as thou wilt, both of the ring and of him that gave it thee, but from this day thy luck shall leave thee and this ring shall be thy bane. I know that no less clearly than I know how thou gottest it and whence it came to thee; and, when I asked thee for it, it was rather because I wished to save my friend from ill than from any wish to have thy ring." The king was as red as blood in the face. And with that the talk dropped, but the king was never afterward so blithe to Sigmund as before. Yet he dwelt with the king for a time, but fared out to the Færeys early that summer. King Olave and he took leave of each other in all friendship, and Sigmund never saw him again. When Sigmund was come out to the Færeys he sat down in his homestead in Scufey.
Sigmund and the Young Earls.
 Now when King Olave fell at Swold before Earl Eric and the two kings, the Earls Sweyn and Eric sent word out to Sigmund Brestesson in the Færeys, bidding him come and see them. Sigmund did not sleep over it, but fared to Norway, and went to see the Earls north at Hlathe in Throndham. They welcomed him with all their hearts, and brought to mind their former friendship. Sigmund was made their house-carle, they gave him the Færeys in fee, and parted with him in blithe and friendly wise. Sigmund fared out to the Færeys at harvest-tide.