Kent wants the Allen ranch. So he has Steve and his men rustle their cattle using Pete as an informant. When the Trigger Pals Lucky, Stormy, and Fuzzy fight back, Kent frames Stormy for the rustling.

Billy "The Kid" Bonney is a hot-headed gunslinger who postpones his life of crime when he is befriended and hired by peaceful cattle rancher Eric Keating. When Keating is killed by a rival, Billy seeks revenge, even if it means opposing his old friend, Marshal Jim Sherwood.