Based on the comic strip by Gene Byrnes, the "Reg'lar Fellers", and one girl-feller, tinker with building a land/water machine, form a kid-band and go on the radio, celebrate a birthday, get involved with gangsters...and reunite a wealthy recluse with her baby granddaughter and estranged...
The Gang's male members, headed by Spanky, decided to create the "He-Man Woman Haters Club" in reaction to not being invited to one of the girl's parties.
Alfalfa enters a rigged wrestling match against the Masked Marvel, unaware that neighborhood bully Butch has secretly donned the disguise of his opponent.