Periodically, Edward Sherry has received sums of money from his uncle Theophilus, because he made his uncle believe that he had a wife and children. When Theophilus comes to visit with his niece Yvonne, who has just left a convent, Edward hires a wife and borrows children to perpetuate the ruse. After many mix-ups, Theophilus invites everyone on a yacht trip. Although a confession from Edward becomes necessary after further complications, love mends all ill feelings and brings happiness to everyone.