The Shadow battles a villain known as The Black Tiger, who has the power to make himself invisible and is trying to take over the world with his death ray.
Dr. Herbert Lee, an archaeologist seeking to decipher ancient Mara inscriptions, is aided by his son Terry, Terry's pal Pat Ryan, and Normandie Drake. Jungle pirate and warlord Fang (Dick Curtis) plots to kill The Dragon Lady, Queen of the Temple of Mara, and seize the treasures of her ancestors. Both Fang and The Dragon Lady have sworn death for any foreign intruders.
The struggle over the Bellamy estate ends with Michael Bellamy accused of murder and killed on the way to prison, while his brother Abel Bellamy takes control of the estate for his own nefarious plans.