The South Indian Trading Company has had enough failures and has decided to audit the California branch. Afraid of having all their shady practices discovered the local trading company president decides to run. He has a ledger containing all of the hidden crimes he committed with the Spanish army. Zorro tries to capture the president and his ledger, but then a hired bounty hunter from the Indian trading company appears. He wants to take the president and the ledger back to Spain to the CEO to be held accountable. Zorro and the bounty hunter fight. The bounty hunter is better skilled and badly hurts Zorro...