A street kid has dreams of becoming a jockey. He gets his chance when he and his gang discover a poor old man who has a championship race horse. The man agrees to let the boy ride his horse in a race, but first the gang must get enough money to pay for the race's entry fees.
Street kids get sent to the country, where they get mixed up in murder and a haunted house.
Prof. Millard pretends to be dead and helps Jeff King ferret out Vulcan, the evil traitor at the science academy. Donning his Rocket Man costume King goes from one hair raising rescue to the next in order to keep the newly invented Decimator out of the clutches of Vulcan and his minions.
