Guzman, a rich U.S. landowner is forced to leave for a short time, leaving his pregnant wife alone in the ranch. That night, a group of bandits, believing that the house is empty, enters with the purpose of stealing. She surprises them and they kill her. When Guzman returns, he finds in the fingers of his dead wife the tie pin of the murderer. Then, with the help of a Portuguese and a Mexican friends,he begins his revenge.

A battle between revolutionary Mexicans and the U.S. cavalry brings Zorro onto the scene to enact vengeance for violent acts incurred by the cavalry Sergeant. Once the Sergeant is killed, Don Jose de la Torre retires from being Zorro and settles down to live a quiet life. The brother of the Sergeant, in an act of his own justice, dons the costume of Zorro and terrorizes the countryside. In an act to draw out the true Zorro, the imposter kidnaps Don Jose's wife, making him once again don the mask to rescue her.

A group of friends who are struggling to survive in the slums of Madrid commit petty crime in order to finance the debut as a bullfighter of one of them.