This version takes a look at the character in the years before he became a legend. It all begins with the introduction of Luke Hartman, a 20-year old Boston law student who witnesses the murder of his brother, a Texas Ranger. He himself is wounded in the midst of the chaos, but is rescued by the Apache Tonto... and subsequently becomes smitten by Tonto's sister Alope. He then devotes his life to avenging the death of his brother and fighting injustice, and in the process becoming a worldwide legend.

The territorial governor asks the Lone Ranger to investigate mysterious raids on settlers by Indians who ride with saddles. Wealthy rancher Reese Kilgore wants to mine silver on Spirit Mountain which is sacred to the Indians.

When the young Texas Ranger, John Reid, is the sole survivor of an ambush arranged by the militaristic outlaw leader, Butch Cavendich, he is rescued by an old childhood Comanche friend, Tonto. When he recovers from his wounds, he dedicates his life to fighting the evil that Cavendich represents. To this end, John Reid becomes the great masked western hero, The Lone Ranger. With the help of Tonto, the pair go to rescue President Grant when Cavendich takes him hostage.

The Texas Rangers chase down a gang of outlaws led by Butch Cavendish, but the gang ambushes the Rangers, seemingly killing them all. One survivor is found, however, by an American Indian named Tonto, who nurses him back to health. The Ranger, donning a mask and riding a white stallion named Silver, teams up with Tonto to bring the unscrupulous gang and others of that ilk to justice.

Three Indians were brutally murdered by a gang of hooded outlaws. Each one possessed a silver medallion, which were sections cut off from a large silver plaque which served as a treasure map to a secret location where a large amount of gold is reputedly stashed. Two more medallions are unaccounted for, and the The Lone Ranger and his friend Tonto must use all their resources to intercept the gang, prevent further carnage and save the owners of the medallions.