Chapter 1: The Bank Mystery - Carlow (T.D. Crittenden’), a wealthy American living in London, is engaged to Lady Gwendolyn (Gertrude Astor) and has ordered from Arabin & Company, famous Fifth Avenue jewelers, a necklace worth two million dollars for her wedding present. She is anxious to see it and Carlow sends the junior partner of his London solicitors, Wade Hildreth (‘Emory Johnson’), to New York to get the necklace. Carlow cables Hildreth’s description to the jewelers and gives him a certified check. Hildreth’s personal secretary, Jean Marco (Eddie Polo), accompanies him. But in New York is a master mind criminal known as The Gray Ghost (Harry Carter) and he has no intentions of seeing a two-million dollar necklace leave New York and go to London.