The professor, disguised as the Captain of the Ghost Ship, challenges Felix to a duel, the Professor turns Felix into ancient Egyptian art, and detective Felix is on the prowl for the evil Rock Bottom.
Felix stops Rock Bottom from stealing all the rubber needed for bouncy balls and balloons, Rock Bottom falls into a streak of bad luck, and the Professor and Rock Bottom kidnap Felix and turn him into stone!
Rock Bottom steals Felix's new friend, Penelope the Elephant, Rock Bottom and the Professor plan to steal Felix's new money tree, and the professor and Rock Bottom scheme to take oil from Felix's property.
The Professor and Rock Bottom use evil ravens to steal the crown jewels, the Professor and Rock Bottom plan to steal a golden car from the fair, and Felix becomes the Sheriff of Dead-Beat town.
