An old pirate named Kidd allegedly buried a large sum of treasure, it is rumored that the devil guards this treasure.
A poor, miserable man named Tom Walker found an old Indian fort, in which he dug up a cloven skull, with an Indian tomahawk buried deep in it when he encounters a man named Old Scratch.
Old Scratch told Tom Walker that he could make him rich through Kidd's treasure which he protects but at a cost.
Tom's wife went to the forest to claim the reward for herself and died while Tom showed up and agreed to be a usurer in exchange for the devil's treasure.
Tom grew rich acting as the devil's usurer yet later felt doubt about his promise trying anything to get out of his deal always carrying a bible with him, becoming a devout Christian, and shouting prayers in church.
After a time the devil came to Tom's estate and took him away on his horse.