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When Grandpa is entrusted with $200 belonging to Pepino, he can't resist the temptation to settle a few of the McCoy's past due bills. Luke and Kate berate him for violating his trust. Then an unexpected liquid asset turns to straighten things out.

George MacMichael's big moment during his election as commander of the local VFW post is shattered when Grandpa brings to the ceremonies three of George's buddies who know the real story of his ""heroic"" battlefield actions.

The wiles of a smooth-talking saleswoman embroil Luke in a roofing paint swindle that involves several of the McCoys' neighbors. Luke soon finds himself in such an embarrassing predicament that he needs the help of Grandpa to rescue him from it.

Grandpa proves an easy target for Mrs. Gaylord, an ambitious housekeeper who hopes her new position in the McCoy household may lead to a more permanent position for her unmarried daughter. The daughter, Mary, turns out to be an extremely healthy specimen who immediately makes a play for Luke.

Luke gets a hair-raising ride in an airplane that leaves him dizzy when he tangles with a crop duster over the affections of a wealthy girl from Texas, and winds up on the short end.

Grandpa bristles at Sir Fergus, head of the Scottish branch of the McCoy family, when he arrives and proceeds to exercise all the authority of the Laird of the Clan. Grandpa's anger erupts when Sir Fergus extends his influence to Grandpa's pet goose, Floyd. Grandpa begins one of his devious plots to oust the Scotch usurper from his position of power.