A beautiful heiress is an excellent poker player. Her comfortable life changes when her father and his fortune die during market crash of the 1800's.
Cowboy Ross McEwen arrives in town. He asks the banker for a loan of $2000. When the banker asks about securing a loan that large, McEwen shows him his six-gun collateral. The banker hands over the money in exchange for an I.O.U., signed "Jefferson Davis". McEwen rides out of town and catches a train, but not before being bitten by a rattler. On the train, a nurse, Miss Hollister, tends to his wound. A posse searches the train, but McEwen manages to escape notice. However a mysterious Mexican has taken note of the cowboy, and that loudmouthed brat is still nosing around. Who will be the first to claim the reward for the robber's capture?
As rustled cattle have mysteriously disappeared, Johnny sends for his friend Hoppy, Hoppy arrives and immediately suspects Dan Slack. Realizing his telegram about Slack was intercepted, he locks up the operator Lafe knowing he can escape. Tailing Lafe he finds a secret entrance to a mine and inside finds the missing cattle. But Slack's men also find him just as the cattle are stampeded through the mine shaft.
The local school is causing Hoppy problems. First Bar 20 cattle are stolen when Hoppy investigates a problem there. Then the new teacher arrives and disrupts the routine of the Bar 20 hands. Later with the Bar 20 hands at graduation, the rustlers are poised to strike again. But there is dissension among them and this will lead to the break that Hoppy needs.
Hoppy, California and Johnny partner up with brother and sister ranch owners, two of several who are having their access to water blocked by a dam owned by a greedy merchant in town, who is intent on driving them out and taking their land for himself.
Hoppy goes undercover as an outlaw (which permits him, for once, to drink and be mean to children) to track down a bunch of outlaws operating along the border. Loco, the head bad guy, deflects suspicion from himself by pretending to be a moron.
Buck Colins heads a group of local ranchers who are trying to prevent the railroad from completing its line through their property. Till now they have been able to charge tolls on herds passing through. Hoppy goes undercover to expose them.
U.S. Marshal Hopalong Cassidy is called when a town becomes overun with bad guys. Disguised as a member of a medicine show, Hoppy discovers that the ringleader is none other than sweet li'l ol' Ma Burton.
The U.S. Army needs more horses for the Spanish-American War. Hoppy must turn his Bar 20 cowhands into Rough Riders to gather up the horses, and of course bad guys try to sabotage the operation.
Stagecoach robbers take the money Hoppy was going to use to buy cattle so Hoppy, California and Lin go after them.
A railroad man and the owner of a freight line battle for control of a crucial mountain pass.
Burton is after Clark's ranch. He gets the banker to refuse to renew Clark's note and then sends his men to rustle his cattle. Hoppy is Clark's new foreman and is on to Burton's scheme. But just as he learns of the rustling and is about to go after the gang, the Sheriff arrives and arrests him for hiding Johnny who has been accused of robbery.
When he runs for sheriff, Hoppy is beaten by Jerry Doyle, the gutless wonder voted for by every crook in town. When Hoppy moves to have the new sheriff impeached, outlaw leader Tad Hammond hires forty gunslingers to stop him. Stop Hoppy? Hah!
Easterner Madeline Hammond buys a ranch not knowing Hayworth is using it to smuggle ammunition across the border. When trouble starts, she brings back Gene Stewart ex-foreman who left the country after fighting with the Sheriff.
Hoppy's brother has been murdered and he is on the trail of the murderers. To get them he makes himself seem to be a wanted man.
Posing as a cattle buyer, Hoppy crosses over into Oklahoma where the Jordan brother's and their outlaw gang operate outside the law. After receiving an unfriendly reception when he finds them, he, California, and Johnny rustle their cattle and drive across the river into Texas. He hopes they will cross over to retrieve their cattle and then he can arrest them.
Joe Weller has instigated a conflict over water rights between two ranchers. The idea is to have the ranchers do each other in then move in and take over. Hoppy and the good guys won't let this happen.
Stephen Westcott and Ed Martin scheme to put Jane Travers' wagon line out of business. They want to use it take over all the wagon- train traffic going west. Hoppy, California and Lucky must make sure that doesn't happen.
Hoppy, Johnny and California go to Arabia to buy some horses. There they get involved with a sheik and a harem and a kidnapping plot.
Hoppy's ranch is threatened by rustlers. Hoppy and the gang oblige as usual.