The Kingfish (Tim Moore) needs ready cash, and Andy (Spencer Williams) needs a fur coat, so The Kingfish sells s a couple of cheap rabbits and tells him they are chinchillas that will multiply enough for a fur coat. The Kingfish gives his ill-gotten $50 to his mother-in-law so she can move out as promised. But she refuses to leave until she finds a business to invest in. It turns out to be Andy's rare chinchilla company.
Andy (Spencer Williams) gives The Kingfish (Tim Moore) $200 for a lot in New Jersey, sight unseen. When Andy sees the property, he discovers its swampland, and demands his money back. Later, The Kingfish overhears Andy say he wants to invest in uranium, so he craftily shows up with all the mining gear where Andy cannot miss seeing him. Gullible Andy decides he wants to keep the lot, and gives The Kingfish another $300 for equipment.
After seeing Madame Queen (Lillian Randolph) win a television contest, Andy (Spencer Williams) and The Kingfish (Tim Moore) decide to turn personal manager. In order to achieve this, Andy must propose marriage to his old flame, which, according to The Kingfish, will ensure the contract. Madame Queen is all for the marriage, but wants her vocal teacher, Mr. Mason (Roy Glenn), to manage her career. The Kingfish is undeterred by opposition and even puts up half the money for an engagement ring.
Andys (Spencer Williams) goddaughter, Arbadella (Patti Marie Ellis), is so lovesick over a twelve-year-old boy that she won't eat. Being cavalier, he promises to take care of the matter. Then he learns the name of the boy and regrets his promise. Andy has consistently been made the butt of all the boy's practical jokes. He decides not to back out of his promise, and lives up to his commitment.
After failing an insurance policy medical exam, the Kingfish exploits the sympathies of Andy, Sapphire, and lodge brothers, whom mistakenly believe that he has only three weeks left to live.
The Kingfish (Tim Moore) must buy Sapphire (Ernestine Wade) a new dress, so he sells his friend Andy (Spencer Williams) a broken down Model-T roadster. When Amos (Alvin Childress) hears what has happened, he steps into the picture, and The Kingfish says he has turned over a new leaf. Hearing that The Kingfish has gone straight, his office fills with people trying to collect old debts. The only way out is for The Kingfish to be hit on the head and develop amnesia.
The Kingfish (Tim Moore) volunteers to help his hostess serve coffee at a party. Sapphire (Ernestine Wade) walks into the kitchen just as he is trying to retrieve a necklace that has fallen down the back of the lady's dress. He tries to explain, but Sapphire leaves in a huff. Trying to buy a present to appease his wife, he finds he lacks the cash, as usual. Andy (Spencer Williams) and The Kingfish decide to collect a $10 debt from a train steward, when The Kingfish is mistaken for a debutante's uncle. A photo of her kissing him appears in the afternoon paper.
Andy and Calhoun assist the Kingfish in scamming an upscale hotel into contracting his services as a press agent.
Noticing that most of his friends eat their meals out and use a meal ticket for each month the Kingfish decides to sell them meal tickets and feed them at his place. Of course he has to figure out how to do this without Sapphire catching on.
After twenty-five years of marriage, Kingfish and Sapphire's second honeymoon plans may result in divorce.
Andy (Spencer Williams) volunteers to take over Amos' (Alvin Childress) cab and has to rush a pretty young woman to the hospital. The nurse mistakes Andy for the husband, who is away in the Army. Though Andy tries to explain, the domineering nurse is convinced that Andy is the father, Calhoun (Johnny Lee) the uncle, and The Kingfish (Tim Moore) the grandfather. The more they protest, the more complicated the matter becomes.
Kingfish has an opportunity to reap a huge profit from some shares of stock in Consolidated Glass Company that he bought years ago. Trouble is, he subsequently sold the shares to Andy, and now he has to figure out how to get them back.