Red Ryder convinces homesteaders to settle in Paradise Valley. Business men in nearby Central City want control of the valley and water supply and propose to build a dam for half interest in the land. They use Red to generate interest in the dam but when the dam is completed, they rig the stockholder's meeting so Central City will get the water.
Red Ryder
Little Beaver
The Duchess
Melinda Hill
Bill Hume
Rufe Hume
Mr. Langley
Editor A. C. Blaine
Rancher
Mrs. Hume
Henchman E. J. White
Sheriff of Center City
Doctor (uncredited)
Tim (uncredited)
Steve Hill
Director
Writer
Comic Book
Original Music Composer
Art Direction
Set Decoration
Editor
Assistant Director
Director of Photography
Associate Producer
Set Decoration
Sound