The greedy nephew of eccentric Matilda Reid seeks to have her judged incompetent so he can administer her wealth; but she will be saved if her three long-lost adopted sons appear for a Christmas Eve reunion. Separate stories reveal Michael as a bankrupt playboy loved by loyal Ann; Mario as a seemingly shady character tangling with a Nazi war criminal in South America; Jonathan as a hard-drinking rodeo rider intent on a flirtatious social worker. Is there hope for Matilda?

Hildy Johnson has divorced Walter Burns and visits his office to tell him that she is engaged to another man and that they are going to get married the day after. Walter Burns can’t let that happen and frames the other man, Bruce Baldwin, for a lot of stuff getting him into trouble all the time, while he tries to steer Hildy back into her old job as his employee (editor of his newspaper).