For some unexplained reason, sales of waffle irons have plummeted. Evelyn Foster, president of the Magic Circle Waffle Iron Company, and Richard Wright, president of the Four Square Waffle Iron Company, decide to merge their companies and get married as well. When Richard insists that the new company make square waffle irons rather than round ones, Evelyn calls off the marriage and the company merger. Richard meets a Hindu yogi, who helps him win Evelyn back.

Finding a man alone in the desert, Marshal Tom is relieved - of his horse, clothes and water. When he catches up to Raven, he finds him dying from drinking bad water. When he gets to Gunsight, everyone thinks that he is the outlaw Raven and he plays it out so that he can end lawlessness.