If you are the adventuring type, I've got a proposition for you. A few days ago, a band of pirates stopped by my Inn and roughed up the place pretty good. During their ransacking they stole my favorite hat! Oh how I loved that hat. We had bonded over the years. At any rate, the pirate's couldn't have gone far and are most likely on an island nearby. If you bring my hat back I'll let you in on some information you will most certainly find valuable. And don't worry about finding me. I travel around a good bit so you should be able to find me at most Inns.
Turning in the quest:
Deliver the Hat
Ah, I see you've obtained my hat! You don't know just how much this means to me. This hat was given to me as a gift from... well, that's a story for another time. In any case, thank you for your help! Now, about that information I promised you. I know the whereabouts of a nearby Merchant who can help you obtain some good gear for your adventures. You do like good loot, do you not? If you are interested in the information, simply ask.
To begin the quest, talk to the Innkeeper and choose Helping the Innkeeper. He will explain that pirates have stolen his favorite hat, and that he wants it back.
Upon accepting the quest, you'll now have the opportunity to ask for both the Innkeeper's Sword and a Sextant. If you talk to the Innkeeper again, you'll have the following dialogue options that will give you the latter two items:
To acquire the Innkeeper's Sword:
A Weapon For The Quest
So that's is how you want to go about thing's, is it? I suppose that is fine by me if it is fine by you. Take this sword, and spare me of the "details" when you return.
To acquire the Sextant:
An Extra Sextant
Let me see... Yep! I knew I had an extra. It's a little bit rusty from all of the sea spray, but it will work just fine. Here you go. My gift to you. I consider myself a strong advocate of correct navigation. If everyone knew how to navigate to my inns, I wouldn't have to spend so much time re-lighting beacon buoys.