[4] A Greyfriars School holiday story, the novel has a colour dust jacket, frontispiece and black and white illustrations by R. J. Macdonald.
After the closure of The Magnet in May 1940 due to wartime paper shortages, author Charles Hamilton was contractually barred by the publisher, Amalgamated Press, from continuing to write Greyfriars stories.
After some misgivings, six of Bunter's schoolmates accepted, including the Famous Five and the Australian schoolboy Sampson Quincy Iffley Field, known as Squiff, though it was not immediately apparent that the ofter was more unusual than they had thought!
Not only were some of Uncle Carter's remarks distinctly puzzling, but before long there were queer noises and apparitions, and talk of the old miser, Sir Julius, who had once lived at the Hall.
Yet one person especially had cause to be grateful for the schoolboys' presence, for through their activities, Hubert, the friendly chauffeur, became possessed of his inheritance, and in so doing relieved six Remove members in a most pressing problem.