After Professor Moriarty is acquitted for murder, Holmes and Watson are visited by Ann Brandon, who tells the detectives that her brother Lloyd has received a strange note—a drawing of a man with an albatross hanging around his neck—identical to one received by her father just before his murder ten years previously.
A British courier is carrying top secret papers that he had put onto microfilm and inserted into a matchbook; realising he is being pursued by Nazi agents, he drops the matches into a handbag of the socialite Nancy Partridge, a fellow passenger. He is subsequently kidnapped and killed and Holmes is instructed to find his killers and the missing document.