 One is Dr. Stegg, who now wants Topaze to preside at the graduation at the school.Topaze succeeds in blackmailing the Baron into a partnership in his company with a complete account of his relationship with Coco, which he threatens to show to the Baroness, whose name the shares in the company are in.At the Stegg Academy graduation, Topaze, who has also garnered the romantic attention of Coco, is to award the prize, which he is told is to go to his former nemesis, Charlemagne de La Tour-La Tour.