In a Western cafe, newly rich oilmen, find the place they’re looking for to spend their money. Acting as a guide, Tonto is on hand to lead a couple of newcomers to old Stonewall. The crusty oldtimer has used the profits from his horse ranch to buy up all the land around town. He wants to keep it unimproved. There’s just something special about the land that makes his colts draw top dollar on the markets up North.
Elsewhere, Lone Ranger and Tonto discuss the condition of Stonewall’s place. He actually could benefit from the deal from the oilmen that he ran off his ranch. However, Lone Ranger also learns the oilmen are known to use unethical methods to buy land for their company. A plan is made to help get the oilmen a foot in the door, and the chance to make a deal with Stonewall.
The other half of the plan is to keep Stonewall from being entirely swindled by the deal. The semi illiterate Stonewall and his wife let the men draw up the contract, and sign with an “X”. They believe they’re signing a statement that they refuse to sell, but instead they’re signing rights to the land to lease the land. How can the Lone Ranger make sure a fair deal is made? Though they got their signed lease, they didn’t pay Stonewall.