In this episode, Pee Wee (Jimmy Baird) leaves the Broken Wheel Ranch to move upstate to live with his dad. The guys meet little Packy Lambert. He wants to buy a horse and he has a whole two dollars to pay for it. But Packy's dad says they can't afford a horse. So Packy brings him back to the corral at the Broken Wheel Ranch. The horse, Lucky, follows Packy who's running away from home. The guy's go out to search for Packy.