Dick Bannister is the new field boss of the Ford Logging Company, a Canadian logging-crew during a time when conflicts with the powerful Consolidated Lumber Company, a bitter rival company, have turned bloody, like a private war. His boss, Miss Edith Ford, comes to inspect the lumberjack camp, bringing her fiancé Dr. Horton with her. Dick is attacked by his rivals and left for dead. His loss of blood is so great that he needs a transfusion, but no human will volunteer, so the doctor uses a wolf as a source of the blood. Afterwards, Dick begins having dreams in which he runs with a pack of phantom wolves, and some rival loggers are killed by wolves. Soon, the news has spread through the camp and most of the lumberjacks begin to believe that Dick is a werewolf. Dick attempts to jump off a cliff, but is rescued by Edith.