Boot Hill Bandits (movie, 1942)

Bolton's men blow up the wagon carrying the mine payroll and Marshal Crash Corrigan is supposedly killed in the explosion. A man finds his badge and gives it to Bolton. Thinking Crash dead, Bolton gives the badge away and it ends up with the Sheriff. Crash is OK and the Range Busters know Bolton is the head of the gang but that he gets his orders from someone else and that is the man they want.