Phantom of the Turf (1928)

When a wealthy recluse apparently commits suicide his trusted friend John Nichols Rex Lease is put in charge of the estate Nichols is ordered to locate the dead mans longlost son and daughter and inform them of their legacy The two beneficiaries turn out to be the owners of a rundown racetrack Falling in love with the daughter Helene Costello Nichols tries to rejuvenate the track with a highstakes horse race