Alfalfa enters a rigged wrestling match against the Masked Marvel, unaware that neighborhood bully Butch has secretly donned the disguise of his opponent.

Alfalfa and the gang build their own "speedboat" powered by ducks, and challenge Waldo to a race for the hand of Darla.

It is a premiere night at the Fox Carthay Circle theater, and the Our Gang show up to observe the festivities. But after the Gang causes a disruption, the police send them scurrying home. Not to worry--the Our Gang stage their own premiere night in the clubhouse barn.