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.
The gang offers to help their pal Waldo attract customers to his lemonade stand. Redecorating their clubhouse as a lavish nightclub, the kids stage an elaborate floor show, with Darla Hood as the star vocalist.
An abandoned old show boat is moored in a lazy creek. The Our Gang put the old vessel back to use when they stage a show featuring "Darla's Dancin' Dandies" and a "meller dramer" entitled "Out in the Snow You Go." All is not smooth sailing however, as Butch seeks revenge for having been excluded from the cast.