The Lincoln County War is on the verge of kicking off in a big way; Billy has joined Englishman John Tunstall in his commercial battle with Major Murphy and the House, but even bigger players lurk in the background and the stakes are high.
The del Toboscos fail to repay their debt, leading to an ambush by the 7 Rivers Gang; Billy vows that he and the Regulators will take over Lincoln and clear out the thugs.