Laughing Bill Hyde.

Convict Bill Hyde and his friend, Danny Dorgan, break out of prison, but in running from the guards, Danny is mortally wounded. The local doctor, Evan Thomas, tries so hard to save Danny that later, when Bill and the doctor meet in Alaska, the two become friends. A dying man gives his mine to the doctor, but upon discovering that it is worthless, Bill sells it to a crook named John Wesley Slayforth...