In the mountains of the Ötztal, the wealthy Fender (Eduard Köck) and Wally (Heath Hatheyer), his only daughter and heir, manage a small farm. He wants to marry the rich, but boring, Vincent (Leopold Esterle). Wally escapes to a mountain hut, where she lives alone and withdrawn. Her love belongs to the hunter, Joseph (Sepp Rist). When she unwisely takes a young vulture from its nest and is attacked by the mother, Joseph comes to her aid and from that point on, she fondly calls him her "Geierwally". He also feels attracted to her, but Wally can't escape the feeling, that the young Afra is his mistress. Mad with jealousy, Wally announces that she'll marry the one who kills Josef. Vincent wants to earn her hand and is determined to kill the Geierwally. Just in time, though, the actual relationship between Joseph and Afra is clarified.

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The story of old farmer Grutz, who is considered a stubborn and unsociable man due to his unfriendly nature. His daughter Christine, a proud young woman, mocks young Hans, who asks for her hand in marriage, because of his humble origins. Later, she realizes her mistake, but Hans turns away from her. Meanwhile, Grutz suffers a serious injury while working in the fields and prepares for the end. But contrary to all expectations, he recovers and reconciles with his land, as well as with Hans and Christine.

The daughter of a rich American entices a young German but he does the right thing and gives her up for a German girl. In a separate story thread, a sports instructor inherits a fortune after the death of his uncle.