Flash Carson is after the Conroy ranch. Having killed Conroy, he is now after the heir Billie Conroy. But there is another heir and it is Tom Manning who arrives posing as an outlaw. He gets accepted into Flash's gang where he hopes to learn the truth about Conroy's death.
The simple story has the pair coming to the rescue of peace-loving Mormons when land-hungry Major Harriman sends his bullies to harass them into giving up their fertile valley.
Three of the original five "young guns" — Billy the Kid, Jose Chavez y Chavez, and Doc Scurlock — return in Young Guns, Part 2, which is the story of Billy the Kid and his race to safety in Old Mexico while being trailed by a group of government agents led by Pat Garrett.
As Bruce Lanning posts a "no trespassing" sign at a watering hole on his Circle A ranch, his sister Jane rides up with news that Wes Caven, the hired gun of the Elwood brothers, is looking for him.
Retired wealthy sea captain Jim McKay arrives in the Old West, where he becomes embroiled in a feud between his future father-in-law, Major Terrill, and the rough and lawless Hannasseys over a valuable patch of land.
Running from the law after a bank robbery in Mexico, Dad Longworth finds an opportunity to take the stolen gold and leave his partner Rio to be captured.
Jim Killian arrives in a small Arizona town hoping to establish a peaceful life as the local preacher, but he soon finds himself in the middle of a feud between sheep ranchers and cattlemen.
A singing rodeo rider takes a job at an all-female dude ranch, where he gets involved with a physical trainer and a treasure hunt for gold in a ghost town, leading to a showdown with kidnappers.
Mickey shows off his ice-skating skills to Minnie; Goofy does some unconventional ice fishing; Donald straps skates to Pluto and laughs at his attempts to skate.
Greed, ambition and hunger-for-power drive John Hart, a New-York-City stock-market broker, into crooked dealings and deception, but he doesn't realize that those he ruined will seek vengeance.