La vuelta del Zorro (1937)

The California-Yucatan Railroad, being built for the good of Mexico, is under siege by a gang of terrorists hoping to force its sale; no one can prove their connection to profiteer Marsden. Manuel Vega, aged co-owner, calls in the aid of his nephew James, great-grandson of the original Zorro. Alas, James seems more adept at golf than derring-do; but after he arrives, Zorro rides again! Can one black-clad man on horseback defeat a gang supplied with airplanes and machine guns?