- Fairyland Isle (Superman) -- 2. The Man Who Stole Time (Hayfoot Henry) -- 3. Nemesis of the Northland (Congo Bill) -- 4. Ticket to Death -- 5. The Chinatown Kid, Magician (Vigilante) -- 6. Sea-Going Sparklers (Zatara)
Superman: Orphan John Nicholas, who had a difficult childhood, vowed that if he became rich when he grew up he would build a fun park for children so they wouldn't have to suffer through their childhood like he did.
Fifty years later, he is a millionaire and lives up to his vow by starting construction on Fairyland Isle, an amusement park near Metropolis. Nicholas wanted to play Santa for a Christmas opening, but construction is lagging behind schedule, so Superman takes a hand and completes the park at super speed. However, the next day, Nicholas decides to go fishing, and is apparently drowned when his rowboat capsizes.
When his will is read some time later, he states that he wishes his fortune to be used to build more amusement parks for children, unless the first one proves to be dangerous to the children who visit. In that case, his fortune is to be divided among his three nephews, Jason, Ned and Ted.
Although Jason is a reputable man, Ned and Ted are greedy and hire mob leader Fancy Dan to arrange some "accidents" at the park, on the condition that nobody is hurt. Dan, of course, wants $1 million as his cut when the nephews inherit, and isn't too concerned whether anyone gets hurt in the process.
Opening arrives on Christmas Eve, and Lois and Clark are sent to cover it. However, before they set off, Clark receives a visit from someone who claims he is the official Santa at the park, and asks Clark to notify Superman that some of the "employees" at the park look like gangsters.
Sure enough, when the park opens, the skyride cable breaks and Superman has to save the cable car before it crashes. Determined to get a story, Lois dresses up as a child and convinces nephew Jason to show her park. Jason confides to Lois that he believes there is something suspicious about the skyride "accident". He is overheard by one of Dan's thugs, and Dan decides to eliminate Jason by placing him inside a giant mechanical animal where he will be crushed by the gears.
At this point, Ted and Ned get cold feet and want to back out of the deal before someone gets killed, but Dan, of course, refuses and threatens to tell the police of their involvement unless they go through with it. However, Ted and Ned decide to tell Superman of Dan's plans to stage more "accidents".
Superman is able to prevent all the planned disasters and capture Dan and his gang. Ted and Ned are ready to be arrested when the "Santa" who tipped off Superman earlier reveals himself as their uncle John, who had faked his death so he could observe the characters of his nephews. He is satisfied that Ted and Ned are good at heart, so offers to leave his millions to the three nephews. However, they all get pangs of conscience and decide to donate the money to more amusements parks.
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