Laura Partridge is a very enthusiastic small stockholder of 10 shares in International Projects, a large corporation based in New York. She attends her first stockholder meeting ready to question the board of directors from their salaries to their operations.

This short film showcases six production numbers from various Warner Bros. musicals.

A documentary/drama about the training of bombardiers during WWII. Major Chick Davis proves to the U.S. Army the superiority of high altitude precision bombing, and establishes a school for bombardiers. Training is followed in semi-documentary style, with personal dramas in subplots. The climax is a spectacular sequence.

Popular crooner Russ Raymond abandons his career at its peak and joins the Navy using an alias, Tommy Halstead. However, Dorothy Roberts, a reporter, discovers his identity and follows him in the hopes of photographing him and revealing his identity to the world. Aboard the Alabama, Tommy meets up with Smoky and Pomeroy, who help hide him from Dorothy, who hatches numerous schemes in an attempt to photograph Tommy/Russ being a sailor.

A gunfighter, stranded in the desert, comes across the aftermath of a stage robbery, in which all the passengers were killed. He takes one of the horses to ride to town to report the massacre, but finds himself accused of it. He also finds himself accused of the murder of the local banker, and winds up hiding in the basement of a house where the local sheriff, who is very sick, lives with his daughter.