The gang puts a phony absent note on their teacher's desk so they can go to the circus, then have to get it back when they find out that the class was going on a field trip to the circus anyway.
Weighing themselves on a penny machine, the Our Gang kids receive a fortune card predicting that they will receive "unexpected riches." Acting upon this, the kids decide to dig for buried treasure, using a fraudulent map provided by one of their wise-guy acquaintances.
Jeanette and Eddie get married, but their wedding night is a fiasco. First, their wedding guests follow them, resulting in a police chase, then the guests show up at their apartment, disrupting the building. Then, a rowdy sailor friend of Eddie's shows up, accompanied by a squad of even rowdier...
Spanky and Alfalfa plot to play hooky so they can go fishing, by pretending that Alfalfa is sick and Spanky should stay with him while the parents are away. But Spanky's mom, knowing the truth, turns the tables by insisting they also watch Spanky's little brother. But taking care of little brother...
In an effort to impress Darla, Alfalfa tells her that he's a famous bear trainer. Little does he know that Darla's father owns a circus - and a bear costume. It's time for everyone to uncover the "bear facts".
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.