Valentine has fallen under the displeasure of his father by his extravagance, and is besieged by creditors. His father, Sir Sampson Legend, offers him enough to pay his debts if he will sign a bond engaging to make over his right to his inheritance to his younger brother Ben. Valentine, to escape from his embarrassment, signs the bond. He is in love with Angelica, who possesses a fortune of her own, but so far she has not yielded to his suit. Sir Sampson has arranged a match between Ben, who is at sea, and Miss Prue, an awkward country girl, the daughter of Foresight, a superstitious old fool who claims to be an astrologer.