A rich old miser delights in challenging costumed neighborhood children to locate the hidden debt records of their parents, all of who owe him heavily. If a child manages to find the debt records, that child's parents will be forgiven their massive debt. The old man tries to foil the efforts of the children by strategically placing assorted props designed to frighten them out of the house. After each child fails, the old man is visited by an actual witch, whom he takes to be a costumed parent. The witch forces the old man into a search of his own, which leads him literally into a gateway to hell. As one last child arrives to search for the debt records, he is greeted by the witch, who throws the old man's riches at him as she flies away into the night.
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