Oliver Courtney (Basil Rathbone) is an arrogant composer who lets other people write songs he takes credit for. Bob Sommers (Bing Crosby) writes his tunes with Billy Starbuck (Oscar Levant). At the night of a social Christmas party, Oliver introduces Bob's song "What Would Shakespeare Have Said?" as his own. Later that night, Oliver thanks Bob for his loyalty and offers him a contract for $50 a week for three years. He refuses, saying he would rather have a catboat to visit his uncle at his river hotel, called Nobody's Inn.
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