Word has been put out for all the Hamstead heirs to meet, and discuss what to do with the formula that was written on the paper in the locked box. Nobody is nearly as interested as when the prospect of treasures were in mind. People also doubt that the formula is legitimate, and that Lum just made it all up.
Lum tries to explain to the confused Abner how to read a chemical formula. Though Lum can’t interpret the code, he’s sure it’s something valuable. Will it help to have an expert read it?
With all the gossip flying recently, Abner expresses his private doubts to Lum, that he is actually hiding the real treasure. Is he as loyal as he let on when he defended Lum in front of the folks in town? Grandpap and Ben Withers enter with a report from a meeting of the Hamstead heirs. Will Lum be arrested for fraud? Ben saves the day when he tells about the notorious criminal he just captured, and the reward that was on his head. It puts an end to all the claims from the town of heirs.