Lamont Cranston assumes his secret identity as "The Shadow", to break up an attempted robbery at an attorney's office. When the police search the scene, Cranston must assume the identity of the attorney. Before he can leave, a phone call summons the attorney to the home of Delthern, a wealthy client, who wants a new will drawn up. As Cranston meets with him, Delthern is suddenly shot, and Cranston is quickly caught up in a new mystery.

When Moreland's henchman attack Bob Horner the Range Busters break it up. Horner dies but they get the baby Moreland was after. He must have it to become it's guardian and take control of the Horner ranch. When the henchmen catch up with Alibi, they take the baby cradle not realizing Alibi has substituted his dummy Elmer. Crash having evidence Moreland is the one they want, now has a plan to expose him.

The Canadians have discovered a valuable substance called Compound X, which can cure infantile paralysis. When a country at war with Canada learns that Compound X also contains magnetic properties that could aid them in their warfare against the British, they send agents to infiltrate Canada and steal a large quantity of the substance. It's up to Sgt. King (Allan Lane) and his Mounties to track down the agents and put an end to their scheme.

It's 1860 and the old Spanish land grants are being surveyed. Montez is after part of Don Regas' rancho and gets the surveyor to alter the boundary. But Don Regas still has the original grant written on a bandanna. Montez sends Indians after it but Bill Cody and Gabby fight them off and a wounded Gabby unknowingly ends up with the missing million dollar deed wrapped around his arm for a bandage.

Tom King Jr. seeks to discover who murdered his father, a Texas Ranger; the trail leads to a network of Axis spies.

Frontiersman Tom Garfield and his pals endeavor to save their land from the clutches of slimy easterner Forsyth. The villain hires a bit of local muscle in the form of brutish Chris Matson, but he's no match for our hero.

When Matt Kilgore and his men frame and then hang an innocent man, Lige Saunders sends for his son Wild Bill Saunders who arrives to find his father shot by Matt's brother. When the brother is killed in his fight with Bill, Matt sends two fake Deputies to arrest Bill whom he then plans to hang. But Matt's sister, attracted to Bill, overhears the plan and rides for help.

People on a train want what's in a Nazi spy bag, unaware it's a time bomb.