 Frankie Madison returns to New York after 14 years in prison. Noll Turner, Frankie s former partner in bootlegging, is now a wealthy nightclub manager, and Frankie is expecting him to honor a verbal  50:50  agreement they made when he was caught and Noll got away. Fat chance! Can Frankie, who knows only the strong-arm methods of Prohibition, win out against Big Business? It ll be tough...even with the unlikely alliance of torch singer Kay (Noll s ex-girlfriend).