The school Mickey Rooney wants to buy is the Players Showcase.
Mooney: Mrs. Carmichael, what are you doing here?
Lucy: Well, Mr. Rooney said that he might let me work here in exchange for my acting lessons.
Mickey: That's right. That's if you don't mind losing a great secretary.
Mooney: Oh, I won't be losing a secretary. You'll be gaining an ulcer.
Lucy: (after being startled by Mr. Mooney) Ohhh, you nearly frightened me to death!
Mooney: Maybe I'll have better luck next time.