Four college pledges are forced to spend the night in a deserted old mansion where they get killed off one by one by the monstrous surviving members of a family massacre years earlier for trespassing on their living grounds.

When a sly magician casts a spell so that he can buy Goldy, the last Golden Bear, Jesse runs away with her pet. Hiding deep in the heart of the forest, the youngster meets a ‘Ghostman’ who believes all animals should be free.

The origins, exploits and the ultimate fate of the James gang is told in a sympathetic portrayal of the bank robbers made up of brothers who begin their legendary bank raids because of revenge.