Penelope loves Nelson Noble but Sylvester Snide has other plans for her. Snide’s interest grows deeper when her mother inherits beachfront property in Florida. He secretly forges a few changes in the will to require Penelope to marry him to validate the inheritance. Although he is found out, he has other plans. In the middle of a blizzard, he forges a good-bye letter from Nelson knowing she will try to stop him. As she leaves, he puts a bag over her head, fakes a kidnapping then acts the hero by saving her. He is found out and is blown away by the blizzard. On Penelope and Nelson’s wedding day, Snide reappears. He discovered a map showing Penelope’s house sits atop the entrance to a lost gold mine, and becomes even more interested in her. He shows her another forged letter stating that he and Nelson were switched by their nanny as children -- he is really Nelson and vice versa. Penelope promised to marry Nelson. What shall she do? Nelson is also confused and both suffer an identity crisis. In desperation, she hypnotizes Nelson – and accidentally Snide --- and the truth is revealed. Penelope and Nelson live happily ever after.