Hand carried valise

A plurality of upwardly converging wall panels some of which are permanently connected at their lower edges to corresponding edges of a floor panel define an enclosure for transporting objects. Oppositely positioned external sleeves lying in the same plane receive resiliently bendable rods which, due to their resiliency, retain the sleeves stretched away from each other. The rods extend in an arc above the joined-together upper edges of the wall panels to define at their apices a handle for the valise. One of the wall panels has a slit therein to define flaps similar in appearance to tent flaps whereby the valise, when not in use as such, may be used as a toy tent.