Bud and Lou are unemployed actors living in Mr. Fields’ boarding house. Lou’s girlfriend Hillary lives across the hall. Many situations arise leading to slapstick and puns.
Gabby doesn't want to breed his horse the Golden Sovereign with Roy's. When Sovereign and Roy's horse escape, the Sovereign gets shot accidentally by Skoville but Roy is blamed and jailed. A year later Roy returns with Trigger, the son of the Sovereign. When Skoville reveals he was present when the horse was shot, Roy sees an opportunity to clear his name.
Insurance Investigator Roy is looking for Weston and the missing money he supposedly obtained in a robbery. When he catches him and listens to his story, he changes his mind about him. A freak accident locates the missing money box and they find the seal unbroken. Roy then announces the box will be opened at the showboat that evening.
