Velvet sets up a raffle to save a horse named The Pie from being slaughtered. So she rides the Pie in the junior steeplechase competition and wins riding bareback.
Marilyn Winters' wants to buy King so her father tries purchase him from the Brown's but Herbert won't sell him. So Marilyn trick Velvet into showing King at the club knowing that because Velvet isn't a member she cannot ride him in the show, only Marilyn can.
Mr. Brown need's a new generator but he just can't afford it because he's already pledged the last $100 in his savings for getting his wife a new coat for their anniversary, so Velvet tries to raise the money.
The Brown Family is going to have a BBQ and Edwina invites Teddy and his father who is the principal of their High School. Edwina wants everything to be perfect so Mi gets Teddy's father to relax with Herbert's Elderberry Wine. Teddy even starts helping the Brown's with the milking.
Malcome Porter who drives the milk wagon with his horse Whitey gets laid off from the dairy and has to find a place to retire his old horse. Velvet volunteers to keep the horse on the farm but Whitey does not want to retire yet.
Donald has no one to play with so he creates an imaginary a friend and calls him Willy. Donald decides to leaves and takes King with him, then hides him. Soon a new boy who's named is Willy shows up.
At the County Fair Martha wins the Blue Ribbon for her jam, soon a salesman comes to the farm to buy her receipe and sell it nationwide. Herbert gets upset because they will make lots of money and won't need the farm anymore.
Velvet has found out that King has sired a colt with another family's mare who are moving away and they want to find him a good home for the colt. Mi and Velvet take the colt back to the farm but King does not want him around.
Marilyn is having a jumping race with Velvet but when her groom tells Mi that the beautiful white horse she's riding better jumper than King he tries calls off the race. Velvet decides she wants to race anyway just to win.
With a brush fire getting too close to the Brown farm Herbert and Mi have to go and try and put it out, but in a panic King escapes from his paddock. Then a wolf runs into the barn to escape from the fire.
John Oliver Hadley and his over protective mother, Helen move in next door to the Brown Farm. John rides King without permission then falls off and his mother tries to get the horse put to sleep for being mean.
Velvet's Grandpa comes over for a family visit and after seeing her riding King suggests that they should ride in the up coming Grand National steeplechase competition.
Mi's former employer, Wilbur Gray, comes to the Brown Farm wanting to lease King from Velvet to compete on the Racing Circuit and even offers Mi the job of taking care of the horse.
Production Engineer, Harrison Willobee, who is also an Efficiency Expert from the Winters Dairy is sent to the Brown's Farm to see if they are handling their milking business properly.
