I came to town to search for gold
And I brought with me a memory
And I seem to hear the night wind cry
Go hang your dreams on the hangin' tree
Your dreams of love that could never be
Hang your faded dreams on the hangin' tree!

I searched tor gold and I found my gold
And I found a girl who loved just me
And I wished that I could love her too
But I'd left my heart on the hangin' tree
I'd left my heart with a memory
And a faded dream on the hangin' tree.

Now there were men who craved my gold
And meant to take my gold from me
When a man is gone he needs no gold
So they carried me to the hangin' tree
To join my dreams and a memory
Yes they carried me to the hangin' tree

To really live you must almost die
And it happened just that way with me
They took the gold and set me free
And I walked away from the hangin' tree
I walked away from the hangin' tree
And my own true love, she walked with me!

That's when I knew that the hangin' tree
Was a tree of life, new life for me
A tree of hope, new hope for me
A tree of love, new love for me
The hangin' tree, the hangin' tree, the hangin' tree!