Lightning Bill Carson and sidekick Magpie are after Burrows, the man that killed a friend of theirs. Burrows is after the Arden ranch and his gang are rustling their cattle. Bill is robbing Burrows while posing as the mysterious Phantom and it's not long before the two collide.
Tim McCoy
as 'Lightning' Bill Carson
Joan Barclay
as Molly Arden
Ben Corbett
as Magpie McGillicuddy
Forrest Taylor
as Jim Burrows
Ted Adams
as Reno
Avando Reynaldo
as Rita
Bob Terry
as Mort Burrows
Dave O'Brien
as Ed Arden
Frank Ellis
as Henchman Al
Reed Howes
as Ace the Card Sharp
Slim Whitaker
as Henchman Durkin (as Slim Whittaker)