An investigator is asking Mrs. Gubbins about a William Foster, who was a friend of her stepson Jimmie; both are listed as killed in action during the Great War. It is Armistice Day, 1918, and the war is over. Who should be strolling down the street but Jimmie Gubbins, Bill 'Jones', and another man who has lost his memory. They are ghosts, as the official records list them as dead and not as escaped P.O.W.s. Jimmie's mother is not happy to see that Jimmie is still living, as she has been spending the death benefits, but she is happy to see Bill, as there is a large reward for him. No one knows much about the third one, 'Spoofy', except that he can steal anything at any time. That gets everyone into trouble.