Chance Ward

Though billed second, the stunningly beautiful Louise Brooks is the focal point of the campus comedy Rolled Stockings. It's the old one about two collegiate brothers, Jim and Ralph Treadway (James Hall, Richard Arlen), in love with the same girl, Carol Fleming (Brooks).

After breaking a mirror in his home, superstitious Max tries to avoid situations which could bring bad luck, but in doing so causes himself the worst luck imaginable.

Infamous burglar "The Bat" commits a daring jewelry theft despite heavy police presence. Soon after, a bank theft occurs, which may be the work of the criminal as well. Meanwhile, Cornelia Van Gorder has various people arrive at her old mansion, including her niece, Dale, a bank employee, and police detective Anderson. When guests start turning up dead, Cornelia begins to suspect that The Bat may be lurking around the estate.

During a raging Montana snowstorm, Doctor Jim Barnes collapses at Esther Anderson's cabin door. Esther offers Jim refuge, but when he discovers that their food supplies are running dangerously low, he braves the journey into town in order to replenish them. On the way, he is overcome with exhaustion and fails to return. Esther, unaware of Jim's condition and abused by her stepfather, joins a theatrical troop and leaves home.

When oil magnate Thomas Waring receives a letter from his old friend, Mrs. Juliet Smith, suggesting that his beloved daughter Maida spend her vacation at Mrs. Smith's island home, Waring encourages Maida to accept as he has to go East on business. After Mrs. Smith supposedly gets Maida, Waring receives a call from the real Mrs. Smith, who says that Maida has left with an impostor.

Whispering Smith, a railroad detective, is sent to Medicine Bend to suppress the looting of cars.

In leaving his boarding house to attend a New Year's celebration given by Elizabeth, his sweetheart. Lawrence loses his invitation to the affair. Elizabeth receives a valuable necklace from her father. That night, the girl promised to marry Lawrence. As Lawrence takes Elizabeth in his arms, her necklace becomes entangled in his cuff link. The boy disengages the jewel and places it on the table. Shortly afterward, both leave the room. Elizabeth misses her necklace after Lawrence has gone home. Her father suspects Lawrence of having stolen it.