Two clubmen discuss the occult, introducing three weird tales: 1) Plain, bitter Henrietta secretly loves law student Michael. Then on Mardi Gras night, a mysterious stranger gives her a mask of beauty that she must return at midnight. 2) At a party, palmist Podgers makes uncannily accurate predictions, later telling skeptic Marshal Tyler that he will murder someone. The notion obsesses Tyler, with ironic consequences. 3) High wire artist Gaspar dreams of falling, then loses his nerve. He recognizes Joan from his dreams, and falls for her. Will any of his dreams, involving Joan and disaster, come true?