At a boys' boarding school, young Stoddard and his pal "The Wop" develop a scheme to get rich after "The Wop" finds a pearl in an oyster in a restaurant.

Country girl Annabel Lee has big dreams of being a famous artist. Her widowed mother encourages her to go to the city so she can study. Annabel works hard, but she sells only one painting. She discovers that a renowned artist is spending the summer at a nearby resort, so she sends him her best work for a critique. A friend recommends that she see him in person, so Annabel pawns a piece of jewelry and heads for the resort. The artist informs her that she doesn't have enough talent to achieve much.

Easygoing Barbara Townsend is never jealous and allows her husband, Richard (Harrison Ford), to come and go as he pleases. Townsend, however, takes her considerate nature as neglect and he believes that Barbara has ceased to love him. Vampy Dorothy Mitchell convinces Townsend that he should seek a divorce, which he does, and Barbara is too proud to object.

Hugon, a Canadian backwoodsman who is respected for his strength both of limb and of character, falls in love with Marie even though she has another sweetheart, a young man named Gabriel. Realizing that Marie favors Gabriel, Hugon good-naturedly offers to help the boy develop muscles and stamina but soon abandons the hopeless task. Meanwhile, Roque and his group of crooked surveyors have made plans to swindle the woodsman out of his property.

Molly is a wife of wealthy Britisher Sam Thornhill. Though devoutly loyal to her husband, the capricious Molly can't seem to avoid getting herself into compromising situations. The limit comes when a pair of Molly's stockings find their way into the boudoir of another man.

Sallie Waters inherits $5,000 along with other legatees unknown to her. Whichever of the heirs uses his initial bequest to the best advantage is to receive the main residue of the estate.

Based on the novel by Frances Hodgson Burnett.