While on a tour a theatrical company meets with small success and is forced to close early in the season. Claude Harris and Rose Marsh, two members of the company, are lovers and console each other.
Beverly Calhoun impersonates the Prince of Graustark to claim his birthright while he recovers from a skiing injury. In the meantime, she falls for her bodyguard Dantan.
Blizzard, deranged from a childhood operation in which both his legs were needlessly amputated after an accident, becomes a vicious criminal, and eventually mob leader of the San Francisco underworld.