A married man suddenly inherits a fortune, and finally has enough money to live his dream of becoming an artist. He moves his wife and daughter to a big expensive home and starts living the life of a "bohemian" artist. When he begins an affair with another woman, his wife leaves him and his daughter, Alicia, breaks off her engagement to a wealthy doctor and becomes involved in the "free love" movement espoused by one Herbert Rawlins. Rawlins, however, has his own plans for Alicia, and they don't involve "sharing" her with anyone else. Complications ensue.