I kind of like the first verse. It seems to set up an interesting story. It almost has a film noir vibe. The final verse could work well, but we need to hear the specifics of the dodgy tale that occurs in between.
Are you being chased by the new "owners" of this border town? How are you going to escape? And where is the chorus that sums up the moral of the story?
Intriguing skeleton. Put some meat on him.