Young David, orphaned en route to California, falls into the hands of medicine-show rascal Baltimore Dan. Years later, now a trained thief, he's adopted by eccentric 'Doc' Brown, retired miner and pharmacist. Doc and David become fast friends in their scenic outdoor rambles. But when they discover a hidden treasure, the idyllic interlude gives way to more troubles and a strange coincidence.

A crew of land locked pirates, led by the aptly named Peg, go in search of buried treasure hidden by the treacherous Mudhook and his twin brother. They meet up with good natured landowner, Don Aragon, who goes along for the ride with his sister and a young boy, Jamie. Along the way, Peg and Jamie form a father son relationship that is put to the test due to Peg's naturally dishonest ways.

Young Jim Hawkins finds himself serving with pirate captain Long John Silver in search of a buccaneer's treasure, in this short adaptation of Robert Louis Stevenson's classic tale.