- Betty, the daughter of a retired professor and a romantic dreamer, craves excitement and adventure. Captain Tobias Crook, a mariner, seizes upon her longings to induce the professor to finance and accompany him on a lost treasure hunt. Dick Winthrop is very interested in these plans because he is a Secret Service agent on the trail of Crook, who is in the business of promoting these expeditions and then marooning his investors on desolate islands. Living up to his reputation, Crook forces the professor to sign over his property and then leaves him to die on the island. Returning home, Crook and his crew commandeer the professor's house. In the drunken brawls which follow, Crook is killed and the crew decide to assault Betty. As she cowers in her locked room, Winthrop, who has saved her father from the island, comes to the rescue.
- Betty lives on fiction; she dreams of pirates, princesses in chains and king's ransoms. Her father has mused all his life of ancient coins and curios. Winthrop is an officer of the secret service. Captain Crook lives up to his name, while his crew are like the sixteen men of the classic "dead man's chest." We discover the professor "falling" for the captain's scheme of resurrecting buried treasure. They outfit a bark and set sail. Betty wanted to go, but the captain put the kibosh on that. He left her his parrot to chat with. Winthrop learns about the treasure junket and decides all is not right. So he commandeers a gunboat and goes after the party. Arrived on the coast of Hullabaloo, the pirates kill the professor. They tell him a flying rhinoceros slapped him with its tail and that he's got to die. With the sea chest the freebooters take possession of Betty's house. Then comes the night of the double killing in the drunken brawl. Winthrop has a chart to the isle and rescues the professor, who did not die after all. Their arrival is in the nick o' time. "Gentleman Jack," the captain and the mulatto meeting death in the battle of bottles and Peg-Leg rendered helpless through the loss of his artificial member, turns his attentions Betty-ward and to all appearances a tragedy is to ensue. Then comes the rescue and the eradication of the remaining desperadoes.
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