Jode MacWilliams, a cowboy working on the Circle O ranch, has a crush on the boss's daughter, Peg. After his friend writes a love letter for him, an Indian steals and delivers it to Peg. Meanwhile, word of Jode's affection reaches Peg's father, who has a decidedly less romantic view of this young couple.

Santa Fe, a tramp, is saved from a jeering mob in the desert town of Caliente by Annette, the sheriff's daughter; and after adopting Pard he gets a job as a porter in the bank. Santa Fe learns that the leading banker, Coulter, is in league with a band of outlaws, and when Coulter frames Dick Farwell, Annette's fiancé, Dick is suspected of robbery and is captured by the outlaws.

With the army after him and his partner deserting, Reb decides that a change of scenery would be nice so he heads for Wyoming with Dave.