Hoping to pull off an insurance scam, Fritz Oldman and his sister Katherine decide to torch his house and fake Fritz's death. In order to pull off the scam, they need a body. They find a prospective corpse in a bum named Jorgy. Their plan is to knock him out and and place Fritz's ring around his finger. They will then set fire to the house. All goes according to plan until they need the ring. Unfortunately Fritz cannot get it off his finger. Since they already set the fire, they decide to wake up Jorgy and escort him out of the blazing house. People who witness the "rescue" praise Fritz for saving the old man from the fire.