Lamont is fed up working with Fred and quits the partnership. He soon finds a job down the street at a rival junk collector's business. Meanwhile, Fred looks for another partner and finds one in Norman, whose first contribution is a stuffed bear.

Fred and Lamont find a homeless bum sleeping in a bathtub in their yard. After trying to get him to move on, he pretends that he gets hurt on their property and threatens to sue. Fred and Lamont try everything in their power to persuade him not to sue and Fred does his best to try to prove the bum is not really injured.