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Spoiled Jessie Montgomery, whose wild behavior and spending excesses cause her well-meaning but exasperated millionaire father Charles to wish he never had her, is visited by fairy godmother Stella. In an effort to save Jessie, Stella casts a spell which causes Charles to no longer have a daughter. Jessie, now penniless and without a friend, must take a maid's job to earn a living, and hopefully to learn her lesson.