Basil Rathbone plays Canuto Perez, the ghost of a man who committed suicide in the sixteenth century. He has been living in the dungeon of a castle for 400 years, and he can separate himself from his skeleton, which walks and talks as if it’s a separate person. Perez was not a good man; he had spent his life taking advantage of innocent young women. He choose to commit suicide instead of accepting punishment for his crimes. Because Perez repented at the last moment before he died, God has granted him four chances to save his soul.
Gone several years, the brooding Alejandro returns to the hacienda of his foster sister, Catalina, whom he loves, to find her married to the wealthy and effete Eduardo.