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A sculptor of wax figures for a museum is horrified when his partner
proposes setting fire to the unpopular museum in order to collect the
insurance money. As the wax figures melt amid the blaze, the two men have
a fight. The sculptor is knocked out in the scuffle and left to "perish" among
the flames. He resurfaces many years later for the launch of his own wax
museum. The opening coincides with the sudden disappearance of some
dead bodies from the city morgue. His assistant begins to suspect his boss
of foul play, especially after the deranged wizard of wax begins eyeing his
assistant's lovely girlfriend's friend as a model for a waxed figure of Marie
Antoinette.