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Billy the Kid and his pals stumble on a scheme by Alan Cobb to sell a ranch over and over; once he's made the deal, Cobb diverts the water from the ranch and waits for the poor new owners to default. Cobb's plan seems to be going off without a hitch until Billy the Kid arrives on the scene and befriends the hapless ranchers. This third in the six-film series starring Bob Steele as the famous outlaw again finds Billy the Kid playing hero while running from the law.
This release also includes an episode of the western TV show MATT CLARK, RAILROAD DETECTIVE in which Clark encounters the Apache Kid.