In the fourth and last Red Ryder (following "Ride, Rider, Ride", "Roll, Thunder, Roll" and "The Fighting Redhead" in that order) of the Equity Pictures for Eagle-Lion distribution, filmed in Cinecolor, Red Ryder takes Steve Stevenson, who has saved Red's life, to his ranch and gives him a job. Red's aunt, the Duchess, knew Steve's father, who supposedly committed suicide after losing his ranch betting on a prizefight. Steve refuses to believe that his father took his own life and the Duchess backs him up. On the way to town, Red, Steve, ranch hand Buckshot Blodgett and Red's young Indian pal, Little Beaver, break up an attempted stagecoach robbery. Mark Palmer, the gambler who caused the death of Steve's father, is a passenger. In town, Steve meets Sue Evans, who is going to work for saloon owner Bart Osborne. Palmer and Osborne are working together and want Ryder's ranch, and they develop a plan to have Red fight Palmer's pugilist, Bull Massoon.