The narrator, Zaleukos, a native of Constantinople, studied medicine in Paris and, following his father's death, develops a successful business as a travelling merchant and healer. Arriving in Florence, he sets up shop as usual. But after he has been in town a few days, he finds a small handwritten note from an unknown stranger, asking to meet him at midnight on the Ponte Vecchio. Curious, he goes to the bridge in question, but ends up tussling with the stranger and comes away with the man's red cloak.