The Adventures of Junior Raindrop

A young man spends so much time at work on his airplane that he neglects his girl. She goes out on her own to live the high life, but her reputation is soiled by an adventurer. The young woman resolves to kill herself, and throws herself into the water rushing towards Niagara Falls, but is saved at the last minute by her former sweetheart.

After buying a car, Richard Burton finds that his wife and daughter have become unreasonably extravagant, and is surrounded by sponging friends.

The village of Sleepy Hollow is getting ready to greet the new schoolteacher, Ichabod Crane, who is coming from New York. Crane has already heard of the village's legendary ghost, a headless horseman who is said to be searching for the head that he lost in battle. The schoolteacher has barely arrived when he begins to pursue the beautiful young heiress Katrina Van Tassel, angering Abraham Van Brunt, who is courting her. Crane's harsh, small-minded approach to teaching also turns some of the villagers against him. Soon there many who would like to see him leave the village altogether.