Mr Toad reads of jousting tournaments in his boys first book of wonders and decides to hold a medieval tournament in Toad Hall. Toad offers a jousting challenge with a prize, the weasels are set to take up the challenge..
Badger reads an article in the Times about an archaeological find during construction of the railway, Toad hopes being an archaeologist will see his elevation to the nobility and opens a museum at Toad Hall.
Mr Toad's hot air balloon arrives, to Toad's surprise Badger approves of his latest craze as it will help them track the progress of the railway, When Toad takes off unexpectedly Mole tries to follow in Toad's car.
Badger heads to London for news on the railway's construction. The weasels trick Toad into giving them Toad Hall, Badger returns to thwart the weasel's plans and persuades them to join forces to fight the railway.