Karen is trying to get into the Delta Theta Zeta sorority and is going to their pledge dinner. Dana is also invited. Frank's business is very slow when they hear that an old friend of Carol's is about to start building a big hotel.

An old friend of Rich's, who is a girl, returns to Port Washington. Dana becomes concerned and a little jealous when Rich seems to have a lot more fun with her. Frank's cousin is passing through town and calls in, to Frank's chagrin.