Sandy Doyle, gambler and political chief of a small border town, seeks to gain control of the Bar-X Ranch, owned by Rufe Rickson, to further some undercover activities of his own. He counts on Rickson's inability to stay away from gambling as the means to his ultimate success. Government investigator Oliver Shea and his assistant, Dan Haggerty, start a fight in Doyle's place when they see Rickson being cheated and are invited to the Bar-X where Oliver and Helen Rickson, Rufe's daughter, discover interest in each other and Dan finds himself pursued by Bell, the ranch cook. Sheriff Larson brings the prize money for the $5,000 race of the Rodeo Association, and that night it is stolen.

Tolen is after the Harkins ranch where his men have found gold. After they kill Harkins, Dorothy and Dick step in and discover that the gold actually washes down from Tolen's own ranch. When Harkins' brother arrives to take over they test Tolen by having the brother offer to swap ranches.

An unusual film in that it was composed of new film footage tacked onto an original film produced by M. H. Hoffman Sr. and Jr.,and never released because of the collapse and merger of the Hoffman's Liberty Company into the newly-formed Republic operation in mid-1935, and consequently has two different sets of actors and production crew members.