Several employees on a noblemans estate show up at a former abbey, reputed to be haunted, to search for a hidden treasure. However, a mysterious hooded figure begins killing off those who may have figured out where the treasure is hidden. Who the Black Abbott is, what his purpose is and how he is connected with the mystery of the treasure these are the elements of the story. Theres a malevolent ghost, buried treasure, the elixir of life, a crooked lawyer, a tangled romance, a scheming young woman, another young woman facing a fate much worse than death, an atmosphere of breathless excitement and non-stop Edgar Wallace thrills.