Ted Vandeveer, a lawyer without clients, receives notice that he has been included in his rich uncle's will, he and his partner, James Sweeney, are excited, then they find that Ted's cousin Archie inherited nearly everything. With the $700 left after paying their creditors, Ted and James go to a fashionable resort, where the hotel clerk mistakenly puts them in the exclusive suite reserved for Archie. Passing for a wealthy man, Ted attracts many eligible girls, among them Mildred Niles, the daughter of a wealthy broker.

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