During the Civil War, two of the oldest families in Kentucy,the Dillons and the Goodwins, begin a long and bitter feud that has lasted into 1938. When Jack Dillon refuses to enter his father's banking business he,under an assumed name, gets a job as a trainer in Sally Goodwin's stables. A romance develops between them. When Sally's father dies, the entire estate---including the horses---has to be sold at auction to pay his debts. A note turns up left by Sally's father that according to a wager made between him and the elder Dillon, any one horse in the Dillon stable can be claimed by the Goodwins. Complications arise when Sally finds out that Jack is a Dillon.