Spaniard Senor Cabello threatened by an invading party of "Gringoes." leaves his home, accompanied by his servant, Miguel, taking with them the family treasure to be buried until safer days come. Burying the treasure near a certain tree then marking the location on a silver buckle, Miguel kills Senor and retains the buckle so that he may later recover the master's gold. Later settler John Monroe pitches his camp near the treasure tree, cutting it down to make way for his home. After twenty years Miguel sends his son, Felipe, to recover the buried treasure but he is stymied at first by the missing tree. Young surveyor George Davis, who is in love with the John’s daughter Alice, is instrumental in foiling Felipe's work, and in time Alice recovers the treasure.