Misterjaw and Catfish are trying to stop a local fishing company from catching all "their" fish, so they take over the cannery. Misterjaw tries his hand as the enterprise's president, with surprising (and amusing) results as he gets greedy. Eventually, the police show up and Misterjaw and Catfish are forced to run for it. Misterjaw runs into the cannery room and winds up as canned fish. Of course, Catfish saves him.