Augerer Valgus would like you to find Javvy, a sailor who was supposed to deliver a scroll containing an ancient mariner's rhyme to him.

Javvy is located in East Freeport, inside the tavern. Talk to him to receive the scroll, and return to Augurer Valgus for your reward.

For returning the item, you're offered your choice of a wide variety of rewards

Rewards Available
Mariner's Earring (13 ac, 3 wis, 5 health, 3 power)
Mariner's Buckler (20 ac, 1 wis, 1 health, 3 power)
Mariner's Defense (55 ac, 3 wis, 5 health, 3 power)
Mariner's Rhyme (3 wis, 5 health, 3 power)
Mariner's Protection (35 ac, 3 wis, 5 health, 3 power)