 "Gabby" Whittaker (George Hayes) is the owner of Half-Chance Ranch, which he operates as a refuge for homeless boys. His pal Roy Rogers (Roy Rogers) returns to the ranch to find that the virulent town banker, Dolly Finucci (Sarah Edwards), is about to foreclose on the financially-strapped ranch within a week. One of the boys, Chip Blaine (Tommy Cook), mistakenly idolizes his father, notorious bank robber King Blaine (Lyle Talbot), currently hunted in the local area, who has been mailing Chip mysterious packages which Chip hides in the barn. Blaine s gang is tracked down by a posse and Blaine is fatally wounded. He wills his money and possessions to Chip and Chip s half-sister, Claire Summers (Dale Evans), a club entertainer in Kansas City. Concealing the news of Blaine s death from Chip, Roy and "Gabby" go to Kansas City and persuade Claire to return to the ranch to see Chip. Meanwhile, Blaine s former henchmen, Bart (Dick Curtis) and Tom (Tom Quinn), visit Chip at the ranch and tell him that "Gabby" has killed his father and that they want their share of the money Blaine had sent to him.