Waldo and the baby went on an outing to the beach with the nurse, but it mattered little to Waldo, who consumed much learning from his book, wherever he went or wandered. Nurse went off with the auto driver and left the studious one in charge of the baby. That gave Bob and Tilly a chance to make their innings. Bob was a pirate chief and his crew was Tilly and two black slaves, Rastus and Dave, thrown in. Waldo would not think of playing pirates, but he became part of the game all right. They bound him in their pirate cave and sailed away for the sea with the baby. But the pirate brig was a leaky motor boat that ran away out to sea. Bold pirates became frightened ones when the runaway boat also began to leak, but when the nurse returned and found what her neglect had led to, assistance was soon sent to the pirates.

An Aesop’s Film Fables cartoon.

The Pirate Chief and his Flunky are marooned and cast ashore on a cannibal island. The Flunky is caught and made King by the Cannibal Queen and he makes the Pirate work for him. The Pirate connives with the Councillor and the Flunky is captured. But the Pirate is also captured and given his choice of marrying the Queen or death in a boiling pot. The Flunky escapes in a boat. The Pirate chooses getting boiled over marrying the Queen. A stick of dynamite is placed under the pot and blows the Pirate onto the boat with the Flunky.

Musty goes for a day's fishing, but bites are scarce and he whiles away the time reading an exciting story entitled "The Bold, Bad Pirate." He goes to sleep sitting on the edge of a bridge and dreams of hidden treasure and dark deeds on the Spanish Main.