Elmyra hosts a film-viewing of, "The Horror of Slumber Party Mountain."
In an isolated cabin off in the deep woods, Babs Bunny, Fifi la Fume, and Shirley the Loon, are attempting to have a girl's night of s'mores and more. However, they are terrified when the lights go out, and a ghastly creature enters the cabin, throwing gobs of slime at them before skulking off.
However, they soon find the slime is shaving cream, and suspect Buster, Plucky, and Hampton.
Sure enough, the boys are out in the woods, and had dressed up to scare the girls. However, as the night draws on, Buster begins to tell them the story of One-Eyed Jack.
The story goes that a large, freakish brown rabbit was born into a family, that refused to accept him. One evening, he was hit by a demented taxidermist, who took the corpse, and began to experiment with it on his own.
However, life was still in the corpse, and it became reanimated, breaking its bonds, and retreating into the woods surrounding the taxidermist's lair...the same woods, Buster claims, where they are now.