Ranch owner Sandra, fresh from animal husbandry school, brings a flock of sheep into cattle country. The local ranchers don't like it, and ranch foreman Gene must deal with it.
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Regan is passing off counterfeit money at rodeos betting on his man Denby. When Tex appears and wins all the events, Regan has him accused of murder. As Tex looks for the counterfeiters, his pals Stubby and Pee Wee keep the Sheriff off his trail.