Ken Mitchell arrives to take over the ranch belonging to his recently deceased uncle, but when he arrives he finds himself hated by all the townspeople, since his uncle was trying to acquire all the ranches in the area, and then foreclosing all the mortgages that were being taken out. What Ken doesn't realize is that his uncle was working hand in hand with realtor Collins, who had a rancher, Markham, killed when he wouldn't sell his ranch to him, and now everyone in town (especially Markham's daughter Ann) believes Ken killed Markham. In order to right the wrongs his uncle did, Ken garbs himself as the Phantom Rancher, where he pays off all the ranchers who wouldn't accept Ken's charity as well as round up Collins and his gang. So-so western where nothing is really spectacular, but nothing boring. It could have used more action, but Maynard's persona helped carry it in dull spots. Rating, based on B-westerns, 5.