Clay Allison (I. Stanford Jolley) engineers the Texas legislature into authorizing a bill establishing a bank in the territory---not that far-fetched of a premise for those who have observed the workings of the meet-every-other-year Texas legislature---so that he can get all the ranchers' money and savings into one accessible pile for he and his gang to take off with. Bill Carson (Buster Crabbe) and pal Fuzzy Jones (Al St. John) rescue gang member moll Jean Darcy (Kay Hughes) from a stage holdup, with a consequence of Fuzzy being named the president of the new bank.Carson thinks something besides the plot stinks and noses around and puts an end to the scheme.