An eccentric wealthy family facing bankruptcy schemes to steal an inheritance, but an alcoholic ex-actor they take in for Christmas charity complicates their plan. / A wealthy family is preparing for Christmas in their usual stylish fashion. They hit on a bright idea that will make them outstanding during this holiday season among their friends. They will adopt a "lost man" and bring him to their house for the holidays. They find a news story of a washed-up actor who has attempted to commit suicide and bring him to their home. The actor proves far more than they bargained for and he shows them some real truths about giving and living.
A unassuming greeting card poet from a small town in Vermont heads to New York City upon inheriting a massive fortune and is immediately hounded by those who wish to take advantage of him.
Steve Raleigh wants to produce a show on Broadway. He finds a backer, Herman Whipple and a leading lady, Sally Lee, however his wife Caroline Whipple forces Steve to use a known star, not a newcomer. Sally purchases a horse she used to train when her parents had a farm before the depression and with two ex-vaudevillians, Sonny Ledford and Peter Trott she trains it to win a race, providing the money Steve needs for his show.
When the co-workers of an ambitious clerk trick him into thinking he has won $25,000 in a slogan contest, he begins to use the money to fulfill his dreams. What will happen when the ruse is discovered?