 Bob Terry (Ben Alexander) is in love with Lois Borden (Kay Linaker) the daughter of his employer, John Borden (Ralph Morgan.) When some bonds are missing from the office, Bob is accused and because of Borden s strong sense of obligation to his stockholders, Bob is railroaded to prison. A few years later, the real thief is apprehended and Bob is released. He now begins his plan for revenge against Borden with the aid of his prison cellmate Todd (Eddie Acuff) and a gangster, John Carmody (Charles Brokaw.) Soon, some bonds are missing again and Borden knows Bob is involved but because Bob has suffered at his hands before, Borden assumes the responsibility and is about to be sentenced to prison. Todd is shot while trying to steal the bonds back from Carmody, but gets the bonds back to Bob and, before he dies, begs Bob to return them to the owner.