Big Bill Lawson has "pursueded" Pop Carter to sell his property, which crosses Eagle Pass. Every rancher drives their herd through the pass on their way to market. Lawson has decided to charge everyone a toll to go through the pass. Twenty-five cents a head or one-quarter of their cattle. The Lone Ranger comes up with a plan to put an end to Lawson's scheme. Can he convince the ranchers to go along with him?