Bill Urquhart, a young wastrel disinherited by his father, tries to get a job as a jockey – just about the only thing he's really good at. His name and position work against him, however, so he adopts an alias and prevails upon the charity of a drunken friend Charles Barrington, through whom he meets Stella Barrington - who has not only inherited her father's racing stables but also his debts.
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