Herman owes a lot of gambling debts. To pay them off, he promises the mob he'll fix a horse, so that it does not run. He intends to trick his animal-loving cousin, Virgil, an apprentice veterinarian, into helping him. Of course, he doesn't tell Virgil what he is really up to. Mistaken identities are assumed, while along the way, Virgil meets a female vet and Herman falls for the owner of the horse. Goons and mobsters are also lurking around; so beware!

Henry J. Tyroone leaves Texas, where his oil wells are drying up, and arrives in New York with a lot of oil money to play with in the stock market. He meets stock analyst Molly Thatcher, who tries to ignore the lavish attention he spends on her but ...