A prize-winning stallion breeds off-guard with a mare owned by his rival. The colt is trained to race from birth, eventually running in the Kentucky Derby against another horse owned by its sire.
A small-town girl returns home from schooling in the East to find that her father's small store and indeed the whole town are in danger of being eliminated by a ruthless land developer.
When Rosamond, a convent girl, discovers that her mother is Baby Brabant, a notorious queen of Petworth's gambling house, her ideals are shattered and she denounces her mother's life.
Trixie is a female pilot looking to win a big race to advance her career. During one race, however, her plane becomes damaged, and she needs help to repair it.
Jerry tries to out compete his older brother Cass, a lieutenant Naval aviator. Cass is both tough on and protective of his brother, but Jerry can give it right back.
Tex arrives on the Parker ranch on Christman eve and is given the job of being Santa Claus. Also dressed as Santa Claus, Blackie robs Parker and kills a man.
Young Dorothy finds herself in a magical world where she makes friends with a lion, a scarecrow and a tin man as they make their way along the yellow brick road to talk with the Wizard and ask for the things they miss most in their lives.