"No—and there's no name of any payee," said Starmidge. "That's where the mystery comes in. But—this—and this letter-case and its contents—was found on him, and there's no doubt he came down to Scarnham intending to pay that cheque to somebody. You can't throw any light on that, sir?"

The visitor, who continued to regard the cheque with evident amazement, at last turned away from it and glanced at his three companions.

"Well," he said, "I don't know that I can. But one principal reason why I hurried here, after getting Simmons' telegram last night, is this: In the newspapers there is a good deal of mention of a Mr. John Horbury, manager of a bank in this town. He, too, you tell me, has disappeared. Now, I happen to possess a remarkably good memory, and it was at once stirred by seeing that name. My brother Frederick and I were at school together at Selburgh—Selburgh Grammar School, you know—quite thirty-five or six years ago. One of our schoolmates was a John Horbury. And—he came from this place—Scarnham."

The three listeners looked at each other. And Neale started, as if at some sudden reminiscence, and he spoke quickly.

"I've heard Mr. Horbury speak of his school-days at Selburgh!" he said. "And—now I come to think of it—he had some books with the school coat-of-arms on the sides—prizes."

"Just so!" remarked Hollis. "I remember Jack Horbury very well indeed, though I never saw him after I left school, nor heard of him either, until I saw all this news about him in the papers. Of course, your missing bank manager is the John Horbury my brother and I were at school with! And I take it that the reason my brother came down to Scarnham last Saturday was—to see John Horbury."

Starmidge had been listening to all this with close attention. He was now more than ever convinced that he was at last on some track—but so far he could not see many steps ahead. Nevertheless, his next step was clearly enough discernible.

"You say you saw your brother some eight or nine months ago, sir?" he remarked. "Did he mention Mr. Horbury to you at that time?"

"No, he didn't," replied Hollis.

"Did he ever—recently, I mean—ever mention his name to you in a letter?" asked Starmidge.