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Ellen Grant is the worst student at the Woodruff secretarial school. Although Ellen's fiancé, assistant district attorney Ralph Winton, disapproves of her ambition to become a secretary, Ellen is determined to have a career. The day of Ellen's final exam, realtor Dick Richmond visits the school to pick a new secretary, and hires Ellen, despite her dismal score. When Ellen reports to work, she meets Dick's associates, Kilcoyne and J. Hobart Gleason. Unknown to Ellen, the office is a front for a bookie operation, and Dick hired her because he believes that she is too stupid to discover the truth. When Ellen meets her uncle, Judge Ben Grant, at the courthouse, she is distressed to learn that many tenants throughout the town are facing eviction and immediately decides to use her position to help people find inexpensive housing. To keep her from inadvertently revealing the real nature of their operation, Dick asks Gleason to dictate a letter agreeing to purchase some property. Believing their purchase to be legitimate, Ellen suggests that the company use the property for a low-cost housing project. While Ellen is trying to type the letter, Peggy Donato, Dick's former associate, offers him a position with her syndicate, but he turns her down. Although Dick throws the completed letter away, Ellen returns from lunch with Leo Hopkins, the sales agent for the property, and Ralph, and Dick is forced to sign a sales contract. Realizing that Ellen is going to cause him a lot of trouble, Dick decides to fire her, but cannot think of an excuse, and all his attempts to make her quit fail. Meanwhile, many of Ellen's friends are eager to buy homes in the new development, and Dick decides to take their money and leave town. Then Ellen forgets to give Dick a message from Peggy placing a $5,000 bet, and when Dick finally gets the message it is too late for him refuse the bet. Faced with paying Peggy an enormous amount of money, Dick decides to build a few houses on the property, sell them, embezzle enough money to pay Peggy and make Ellen take the blame. The next day, however, when the angry homeowners storm the office, Dick, Gleason and Kilcoyne are shamed, and in order to refund the money, Dick agrees to join Peggy's organization if she will forgive his debt. Dick then returns the money, and soon the houses are finished. By accident, Ellen learns the truth about Dick's business, and when Gleason and Kilcoyne tell her why Dick is joining Peggy, Ellen, the judge and other friends dress as gangsters and threaten Peggy. Although Ellen's ruse does not work, Kilcoyne and Gleason win a bet and use the money to ransom Dick. A happy Ellen and Dick embrace.