 Wally has painstakingly made arrangements to allow Beaver to ride the team bus to his football game, then eat lunch with the team. However, Beaver makes some last-minute plans to go with Larry on an outing to Friends Lake. Wally is very upset and vows never to do any favors for Beaver again. At the lake, Beaver and Larry run into a pair of teen-agers, who say they are searching for some lost oars for their boat; however, the teens are hoodlums who had burglarized the boat shed and duped the two young boys into taking the boat. The hoods run off, and when the police arrive on the scene, Beaver and Larry are caught red-handed. Unable to explain the situation or identify the real culprits, the boys are taken into custody and are told their parents will be called. Wally is the only one who is home when Beaver makes his one phone call, and at first Wally is reluctant to help bail his brother out; however, Beaver tearfully apologizes for the earlier situation, and Wally - feeling obligated to help his brother - goes to the precinct to help bail his brother out. Good thing, too: Beaver lets slip a few important clues about the juveniles  identities, and Wally is able to give names (he knew them as troublemakers at school). When they arrive home, they keep quiet about the situation, but as always, Ward finds out; he is in the room when Wally accepts a phone call from the police department, telling him that the suspects in the boathouse burglary have been arrested. Ward demands an explanation and Wally resists, but Beaver explains the whole thing. June is surprised when Ward goes easy on his sons, but Ward - remembering earlier that Wally and Beaver were on the verge of not speaking to each other - said that this situation helped Wally realize that he needed to set aside his grudge and help Beaver when he was in trouble.