Rogers plays a small town banker in the 1890s whose chief rival is the deacon (Middleton) with whom he has traded horse flesh. Taylor is a bank teller who places a winning $4,500 bet on a 10-1 harness racing horse, making him Rogers' bank partner.
Rodeo star forms a strong bond with the noble horse he took from the wilds and trained. Unfortunately, they end up on different life paths and are separated. When at last they are reunited, the cowboy is appalled to discover that Smoky has become a broken down cart horse with an appointment at the local abattoir. Fortunately the cowboy intervenes and saves the horse from death
A wealthy young man bets his uncle that he can transform a clumsy cleaning lady into a glamorous fashion plate, then marry her off to his bachelor cousin.