Beaver and Wally send away for an alligator and they secretly keep it in the bathroom. When the alligator falls ill, the boys get some advice from Captain Jack, an owner of an alligator farm. However, keeping him a secret is going to be hard, the alligator is growing and they need a new place to keep him without June and Ward finding out.

Ward's Uncle Billy arrives in Mayfield for a visit and begins telling Wally and Beaver exaggerated stories. Not realizing this, Beaver expects Billy to come through after promising Beaver a fishing reel.

June and Ward go away for a couple of days and leave Uncle Billy to stay with Wally and Beaver. Beaver quickly realizes Billy runs a much looser ship than Ward and June and feels as if he can get away with more things. However, he's soon in for a rude awakening when he helps Gilbert sneak into the movies.