An alcoholic, abusive ne'er-do-well is shown the error of his ways through a legend that dooms the last person to die on New Year's Eve before the clock strikes twelve to take the reins of Death's chariot and work tirelessly collecting fresh souls for the next year.
Terje Vigen, a sailor, suffers the loss of his family through the inflexibility of another man. Years later, when his enemy's family finds itself dependent on his benevolence, Terje must decide whether to avenge himself.
A stranger comes to work at widow Halla's farm. Halla and the stranger fall in love, but when he is revealed as Eyvind, an escaped thief forced into crime by his family's starvation, they flee and become two of the many outlaws of Iceland's mountains.
