This 13 chapter serial is based on the comic strip character Ace Drummond created by Eddie Rickenbacker. Ace is a 'G-Man of the sky' working out of Washington D.C. He is sent to Mongolia to find out why a mysterious villain known only as 'The Dragon' is trying to prevent the newly formed International Airways from setting up an airport there. Ace meets Peggy Trainor (Jean Rogers) who is searching for her archaeologist father who has disappeared. Together they search for answers to the puzzles.

The masked hero leads a fighting force to fight a villian who plots the conquest of The Republic of Mexico.

Hammond, owner of the town's stagecoach line and a leading citizen, is opposed to Idaho becoming a state, and kills Randolph Meredith, owner of the town's newspaper, for endorsing it. Meredith's sister Barbara, expert with a bullwhip and pistol, dons a black costume and mask and becomes "The Black Whip", dealing a blow to Hammond and his gang each time they perform some heinous act in their efforts to keep the town, and their power over it, unchanged. Aided by government agent Vic Gordon, Barbara confronts Hammond in a final showdown just as the town votes on whether or not to accept statehood.

Enemy spies try to steal a new fighter plane.

Police detectives battle the League of Murdered Men, a gang of resurrected dead criminals.

Secret Service Major Steel (Joseph W. Girard), is one of the few men in America aware of the fact that Captain Albright (Dave O'Brien) is also Captain Midnight, daring masked aviator dedicated to fighting gangsters and enemies of America. When murderous bombing attacks are made on West Coast munitions plants, Steel sends for Albright and asks him to track down the mysterious Ivan Shark (James Craven), the foreign agent mastermind behind the attacks. Shark has learned about an ingenious range finder, invented by John Edwards (Bryant Washburn, and makes plans to obtain a model of the invention. Edwards instructs his daughter, Joyce (Dorothy Short), to bring the model to Albright for safekeeping in his mountain laboratory. Shark takes Edwards prisoner by Albright assures Joyce that her father will be saved and an end put to Shark's reign of terror. Dressing as Captain Midnight and enlisting the aid of his friends, Chuck (Sam Edwards) and Ichabod Mudd (Guy Wilkerson), Captain Midnight delivers on his promises fourteen chapters later.