Follyfoot Home of Rest for Horses is owned by the Colonel, but he's been very ill in hospital and now he has to go away to a warm climate to recuperate. It's not ''quite '' certain who is in charge of the farm in his absence. It might be Dora or it might be Steve – but there's one thing that is quite clear: they're both under strict instructions not to buy any horses. What's Dora to do though, when she realises that unless she buys the cream-coloured, lame horse, Amigo, it will end its days pulling a log cart? Well, obviously she ''has'' to buy the horse with money she borrows from the shady Ron Stryker. How's she to pay it back though?