A young clerk, Hall Pycroft, consults Holmes with his suspicions concerning a company that has offered him a very well-paid job. Holmes, Watson and Pycroft travel by train to Birmingham, where the job is initially to be based, and Pycroft explains that he was recently made redundant from a stockbroking house. He eventually secured a new post with another group of stockbrokers, Mawson and Williams, in Lombard Street in the City. Before taking up the job, he was approached by Arthur Pinner, who offered him a managership with a newly established hardware distribution company, to be based in France.