Aspiring artist, Jerry Strong, the son of a wealthy railroad tycoon, sneaks out of a party he allowed his friend Bill Standish to hold at his New York City penthouse apartment and studio. While out driving in the country, Jerry meets self-described "party girl" Kay Arnold, who is escaping from another party aboard a yacht, and gives her a ride back to the city. He sees something in her and offers her a job as his model for a painting titled "Hope". In their first session, Jerry wipes off her makeup to try to bring out her true nature. Perpetual partier and drunkard Standish thinks Kay looks fine just the way she is and invites her on a cruise to Havana . She declines his offer. As they get to know each other better, Kay falls in love with Jerry and comes to rue her tawdry past. This is reflected in her face, and she finally achieves a pose Jerry finds inspiring. He paints so late into the night that he offers to let her sleep on his couch. The next morning, Je...