The Love Mart was based on The Code of Victor Jallot, an adventure yarn by Edward Childs Carpenter. The story is set in Old New Orleans, where the worldly possessions of impoverished aristocrat Louis Frobelle (Emile Chautard) have been put on the auction block. One of the interested bidders is the diabolical Captain Remy (Noah Beery), who insists he has evidence that Frobelle's daughter Antoinette (Billie Dove) is an octoroon -- and as such, is a slave of the household who by rights should be auctioned off with the rest of the property. It's all a plot by Remy to claim Antoinette as his mistress, but his plan is foiled by gallant Southern gentleman Victor Jallot (Gilbert Roland). The whole thing sounds a lot like Robert Penn Warren's Band of Angels -- which hadn't been written yet.
by Hal Erickson synopsis