Hal Roach’s Rascals opens a hot dog stand outside a race track but the kids are soon enchanted with the idea of organizing their own derby. Soon, the gang has a track set up and a collection of thoroughbreds (a cow, a mule, two dogs, a kitten, a tricycle, etc.) ready to race for the generous $5 purse.
After losing another of the only girls he ever loved, Harold Lloyd decides to end it all. That doesn’t work out so well but another proposition turns up. Mildred Davis is a young lady who needs a husband in order to qualify for her inheritance, an old southern mansion. The problem is that the mansion has some other residents of a… ghostly persuasion.