When two showgirls decide to leave South America and head for home, they sweet talk the purser of a clipper ship into giving them berths. In the course of the voyage, a band of thieves attempts to take over the ship and make off with its cash cargo.

On Christmas Eve 1950, Wilfred Butler dies in a burning accident outside his mansion in East Willard, Massachusetts. The residence is bequeathed to his grandson, Jeffrey. Twenty years later, lawyer John Carter arrives in East Willard on Christmas Eve with his assistant and mistress Ingrid, having been charged by Jeffrey (now registered as a patient in a mental asylum) to sell the house. The house, the town, even Jeffrey himself — all hold dark secrets that will be brought to light.