While cleaning the house, June finds some family memorabilia which no one has seen in years. Among those items is a scrapbook of photographs. Ward and June think it would be a fun idea for the entire family to sit around and look through the scrapbook together. In looking at the photographs, they collectively reminisce about the incidents behind the photos: Beaver's first note from school; Beaver once believing that a married neighbor lady was in love with him; Wally's first shave; Beaver running away from home for being what he considered unfairly punished for Larry drilling a hole in their garage wall; one of Eddie's many overly polite greetings when he entered their house; their dealings with Andy the alcoholic; Beaver and Larry getting caught reading Larry's sister's diary; Beaver's nervous night when Miss Landers came to the house for dinner; and Wally's disastrous run for class president. As June and Ward remark about how Wally and Beaver are now becoming young men, Wally and Beaver show that they will always have a kid somewhere inside of them.
—Huggo