Heading for a newly inherited island, the boys are shipwrecked and marooned on an atoll which has just emerged from the sea. Along with their cook, a stowaway and a girl who is fleeing her fiancé, they set up their own government on the atoll. Uranium is discovered and world powers begin fighting over ownership of the island.—Herman Seifer
Stan inherits a yacht and a South Pacific island. Ollie and Stan sail there with 2 other men. They shipwreck on a new atoll and settle there. An ex-fiancee joins them. They declare an independent nation and problems arise.