Grace Livingston is leading a happy life in her small town, with her mother and father, being courted by two men, the steady but predictable Tommy Tucker and the more ambitious, flashy, and worldly Dick Loring, who seems closer to Grace in his desire for travel and adventure.

The story takes place in medieval France. Poet-rogue Francois Villon, sentenced to hang by King Louis XI for writing derogatory verses about him, is offered a temporary reprieve. His hanging will be postponed for 24 hours, and in that time he must defeat the invading Burgundians and win the love of the beautiful Katherine.