“Finish! Why, that will take you all night.”

“Not at all. An hour, at the most.”

She retired. Twenty minutes, thirty minutes passed. Arsène pushed the window a little farther open. The curtains shook. He pushed once more. Mon. Imbert turned, and, seeing the curtains blown by the wind, he rose to close the window.

There was not a cry, not the trace of struggle. With a few precise moments, and without causing him the least injury, Arsène stunned him, wrapped the curtain about his head, bound him hand and foot, and did it all in such a manner that Mon. Imbert had no opportunity to recognize his assailant.

Quickly, he approached the safe, seized two packages that he placed under his arm, left the office, and opened the servants’ gate. A carriage was stationed in the street.

“Take that, first—and follow me,” he said to the coachman. He returned to the office, and, in two trips, they emptied the safe. Then Arsène went to his own room, removed the rope, and all other traces of his clandestine work.

A few hours later, Arsène Lupin and his assistant examined the stolen goods. Lupin was not disappointed, as he had foreseen that the wealth of the Imberts had been greatly exaggerated. It did not consist of hundreds of millions, nor even tens of millions. Yet it amounted to a very respectable sum, and Lupin expressed his satisfaction.

“Of course,” he said, “there will be a considerable loss when we come to sell the bonds, as we will have to dispose of them surreptitiously at reduced prices. In the meantime, they will rest quietly in my desk awaiting a propitious moment.”

Arsène saw no reason why he should not go to the Imbert house the next day. But a perusal of the morning papers revealed this startling fact: Ludovic and Gervaise Imbert had disappeared.

When the officers of the law seized the safe and opened it, they found there what Arsène Lupin had left—nothing.