AllMovie

A derelict named Goodfellow (Robert Newton) comes into possession of an IOU written by Ralph Cowell (Phillip Reed) to his principal creditor. As luck would have it, Goodfellow has also witnessed the murder of said creditor at the hands of Mr. Cowell. Thus it is that Goodfellow and a fellow bum named Shanks (Johnny Silver) are able to blackmail their way into Cowell's expensive apartment and hock all of the poor man's belongings. Ultimately, Cowell gains the upper hand in the situation -- or so he thinks.