After being run out of town after town for trying to sell worthless stock, two con artists breeze into the small town of Chesterville, where they find themselves accused of kidnapping a young boy to whom they offered a ride. When that misunderstanding is cleared up, the two conmen hatch a plot to unload all their worthless paper on the gullible citizens of Chesterville.

Ole Olsen and Chic Johnson are Broadway stars who return to Universal Studios to make another movie. The mere mention of Olsen and Johnson's names evacuates the studio and terrorizes the management and personnel. Undaunted, the comedians hire an assistant director and unknown talent, and set out to make their own movie.

Two zanies get mixed up with a Southern colonel, his beautiful daughters, a nightclub and a haunted mansion.

Two vaudevillian comedians try to stage a show in a theatre that has a reputation for being being haunted.