Christmas at an old rectory in the countryside – it's Christmas! And the three student brothers, "Gamle", "Corpus Juris" and Nicolai, are delighted to receive an invitation to spend Christmas with the priest in Nøddebo.
This is a minor variation on the story of the Boy Who Cried Wolf where Oswald the Lucky Rabbit tends a couple of lambs who tease him by crying 'Wolf! Wolf!' until the real article shows up.
After having been swindled out of all their money by a crooked business manager, formerly wealthy socialites Jerry and Carol discover that they owe their chauffeur and maid back wages they are unable to pay.
The owner of a large mansion in the country throws a costume party for some of his friends. However, the party turns sour when he is found stabbed to death in a closet.
'Love and the First Railway' is what this movie's title would mean in English. This is one of those films that depicts fictional characters participating in an historic incident.