Jolley is the leader of the Devil's Brand gang of rustlers. When Molly Dawson sends for the Texas Rangers, Tex, Jim, and Panhandle arrive pretending not to know each other. But eventually their identities become known and they are captured by the gang.

Jim Steele spots Pete Dawson taking horses over the Mexico-Texas border, but Dawson has an alibi. A new group of recruits arrives at the Ranger station, among them Tex Wyatt, the son of Ranger Captain John Wyatt, whom he hasn't seen for many years. Captain Wyatt tells Tex that he is in the Rangers strictly on his own merit and there will be no favors played. He assigns Tex to pick up Dawson's trail, but orders that no arrest be made without proof.

Unknown to Joan Manning, her trading post partner Weathers is operating a counterfeiting ring. When miner Jim Smithers brings his gold dust in, Weathers pays him off in counterfeit money. Jim's drunken brother, Bill, comes to the post and Weathers hears him say that Jim is leaving the area for good. Weathers sends Hawks to kill Jim and retrieve the bogus money. RCMP Sergeant Renfrew and Constable Kelly find Jim's body, and Renfrew hurries for Jim's cabin to search it. He is attacked by Weathers' men who have found the money. Renfrew is suspicious when Bill Smithers body is found, supposedly a suicide, with a note he had burned the money. This leads the Mounties to suspect counterfeiting. Kelly follows Manti, an Indian who works for Weathers, to the gang's hideout and is captured. But Renfrew is trailing Kelly.

1937 film by Albert Herman