The Rose of Yesteryear: The story opens with Miss Leonard, now a woman past the prime of life, relating the sad, romantic story of her life to her dearest niece, who is engaged to be married. As in a vision, the story shifts back forty years and discloses the interior of an orphan asylum. Three babies are there, two boy babies and one baby girl, awaiting adoption into a good home. Years pass and the orphaned children have grown up in three different homes. Miss Leonard's dearest treasures are a pair of tiny baby shoes and a faded plaid shawl given to her foster parents by the asylum nurse.