Twelve renegades dressed as Indians kill the parents of two brothers. The brothers who have similar birth marks then separate. Ten years later a man known as the Rawhide Terror is murdering the renegades who are now town citizens. Everyone is after the Rawhide Terror and the two brothers are destined to meet again.
Rancher Reynolds has fired his men and hired killers and is now using a crooked land deal to put the other ranchers off their land. Calico finds the reason why when he runs into his old nemesis Porter.
Tex Sherwood has just come into possession of a valuable piece of land that will be irrigated by a new dam. Banker Holman knowing the deed must be registered the next day, offers a $50,000 reward for Tex's capture.