Two English lawyers have just finished reading of the death of John Jasper, who has left his fortune in charge of Lady Jessica, to be disposed of as she sees fit. The heirs are to be called together to await the coming of Lady Jessica at Shipley Manor. The lawyers chuckle for they well know how John detested his fawning heirs and trusted nobody but Jessica, who snubbed him. At the lodge live Harold Jenkins and his grandfather. The boy is a cripple and spends his time reading fairy tales. He watches each passing vehicle. Viscount Yorke smiles and tosses him a coin. A sweet-faced girl throws him a bunch of flowers. The child believes that the Fairy Prince and Princess have appeared. Mary shyly enters the mansion. The others look at her with contempt. The housekeeper sends her to an attic room. Only Viscount Yorke treats her civilly. Yorke and Mary gradually become friends, though she makes fun of his monocle. The two spend a great deal of time with Harold. Finally, the girl talks with John Jenkins about an operation for his grandson and is told that they are too poor. She appeals to the Jasper heirs but is ignored by all except Yorke, who consents to pay all expenses. The heirs become inpatient because of the non-appearance of Lady Jessica. At last she arrives and they immediately begin to fawn upon her. But she sees through them and asks for Mary and all are surprised. Mary appears, attired in an exquisite gown. Everyone is astounded, while Lady Jessica hobbles to meet the girl, who greets her with affectionate familiarity, and hands her a paper. The heirs are uneasy, as Lady Jessica says, "I knew you would fawn on me, so I sent Mary. She is my heiress and has no need of the Jasper millions. Here is her decision which is also mine." Then the lawyer reads that the estates are to be divided among the people who have labored on them; hospital for crippled children is to be founded; one-fourth is to be settled on Harold, and the remainder to be divided equally among the heirs. Mary has slipped away and has gone to see Harold, who is still in bed from his operation. Yorke has arrived before her, and she hears him questioning the child as to whether a princess ever loved an ass. Harold sees Mary and tells her that the Prince loves her, but is afraid to say so, because he's bewitched and thinks he is an ass. Mary hides her face in the child's pillow, half laughing, half crying, and Yorke laughs also, holding out his hand to her. Harold puts Mary's hand in Yorke's and says solemnly, "And they lived happy ever after." Yorke draws Mary into his arms.