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An ex-convict, unable to get a good job because of his prison record, gets mixed up in a phony stock scam.



(story) (as Nathan Asch), (story) | 1 more credit »


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Complete credited cast:
Onslow Stevens ...
Steve Nichols, alias Steve Cummings
Mae Nichols
Tom Martin
William Desmond ...
Parole Officer Donovan
Hooper Atchley ...
Otis Harlan ...
Jim Bonn
Bob, college boy at club
Mrs. Wilson
Eddie Gribbon ...
Regan - Beat Cop
Nat Carr ...
Mr. Watson, clothier
Richard Cramer ...
Joe, bartender-pimp


An ex-convict, unable to get a good job because of his prison record, gets mixed up in a phony stock scam.

Plot Summary | Add Synopsis

Plot Keywords:

ex convict | stock fraud | See All (2) »


Crime | Drama





Release Date:

5 July 1934 (USA)  »

Also Known As:

The Magic Vault  »

Company Credits

Show detailed on  »

Technical Specs


| (TV) (edited)

Sound Mix:

(Cineglow System)

Aspect Ratio:

1.37 : 1
See  »

Did You Know?


At the airport at the end of the film, the two aircraft on the apron are Boeing 247s which only came into service in1933. See more »

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User Reviews

Not great but at least it's different
29 December 2010 | by (Bradenton, Florida) – See all my reviews

This is a low-budget B-movie—and an interesting one at that. What I mean by the term 'B-movie' is that it's a film that was designed as a second and lesser film in a double-feature. Like so many of them, this film was made by a tiny independent studio.

Steve Nichols is a man who was just released from prison on parole. He claims that he was set up for a an investment fraud scheme and soon begins shacking up with a prostitute. While none of this is explicitly stated, it is easy to see that this is indeed the case. This sort of film plot is one that only could have been made before the film industry's Production Code was strengthened in 1934—as prostitution and the like are topics taboo under the new system.

At first Nichols has a hard time getting a job because of his past. However, a shady investment firm offer him a job—figuring Nichols will make an excellent fall-guy! Soon after this a guy named Tom shows up looking for Nichols. His family was ruined in the original stock scheme that sent Nichols to prison—and he wants revenge. Nichols feels sorry for him and invites him to stay and even gets him a job with his new firm. In the process, Tom has no idea his benefactor is Nichols. When Tom learns that his new friend is Nichols, he assumes the worst and doesn't realize that once again Nichols is being set up for something he didn't do. When Nichols does find out, he tries to stop his bosses from absconding with the money.

I know this all sounds very confusing—and it is. Perhaps the film could have used a re-write to make this all come off as a bit more believable…but at least it is different. As for the acting, it's a mixed lot—some very good and some noticeably poor. While it's not a film to rush out to see, at least it's never boring.

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