Charley and Thelma are millionaires, each trying to elude suitors who are trying to marry them for their money. Charlie gets word that a rich uncle has died, leaving him millions. Attorneys advise him to repair to a resort and avoid gold diggers. Once there, word spreads among the single women, and several try to ensnare him. At first he's gullible, then he cottons on, so when Thelma, a wealthy young woman, mistakes him for a fortune hunter, he dismisses her as well. A manager's error puts Charlie and Thelma in the same suite, and both think the other is prospecting. A dressing gown, radio, bare feet, pistol, keyhole, fountain pen, bedcovers, and a suspicious hotel detective join the mix-up. But wait, was the inheritance a mistake?

Women are put in charge of the city government for a day, and the mayor must go to the train station to greet an opera singer.

An actress is rehearsing a death scene in her apartment, but her neighbors all think it's the real thing.

Alabam is lovesick. He tells Mickey how he can't get close to the girl of his dreams; he's overheard by Dave, a smooth operator, who insists that Alabam leave everything to him. He contrives to have Alabam and Mickey wreck Alabam's car in the girl's front yard, then he arrives, posing as a doctor, asking the residents of the house if they'll let the injured boy come inside while the doctor examines him. Meanwhile, Mickey gets a look at the girl's cousin and feigns injury so that now both lads are in beds upstairs while Dave, the doctor, conjures foul-tasting treatments. The fly in the ointment is the girl's crusty uncle, who may stand between the lads and their true loves.

On the train trip home from school, all the kids except Dave talk about taking a vacation trip to Lake Arrowhead; Dave wants a summer job. Alabam suggests that his uncle might hire Dave at a department store. The uncle likes Dave's attitude and tells Alabam and Mickey they should work there too. Reluctantly, Alabam takes a sales assignment in ladies' accessories, where he's charming but clueless. Mickey, lazy and on the take, sees the store detective helping himself to a chocolate bar, so he wants that job. Dave learns the hard way that the customer is always right, Mickey puts the cuffs on the wrong customer, and Lake Arrowhead looks very far away.

Charley is about to get engaged to Thelma when his boss foists some clients upon him to entertain.

Jackie prepares a series of elaborate jokes for his new teacher.

Mickey overhears the gang rehearsing a play and thinks it's real.

Police Chief Jim Fitzpatrick is after gangster Sam Belmonte. He uses his police detective brother Ed to watch over Daisy who is associated with Belmonte but things don't go as planned.

Miss Crabtree, the teacher Jackie has a crush on, rents a room at Jackie's house.