Robert Hervey Randolph receives $10,000 a year because of the inability to locate the rightful heir of a will, who would receive the money if she could be found. Madge Van Tillier jilts Robert because he does not have enough money. While riding in a taxi, Robert rescues chorus girl Imogene Pamela Thorton from her companion Duke Beamer, and takes her home. Pam turns out to be the missing heir, and Robert loses his inheritance. He then gets a job as a taxi driver. Pam receives a large portion of her inheritance from the Ajax Taxi Company. Beamer tries to ruin Ajax, but Robert foils him and becomes vice-president of the company. Robert also wins the love of Pam.
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