King Otto is alarmed to find that an error in the local finances has meant that a large sum of money has been paid to a local town for the construction of a clock. He thus sets off with the princesses Lucy and Loretta to see this fine time-piece. The local town's folk are very pleased with the clock and of the impending visit of the King. Their happiness is soon turned to dismay after the clock is destroyed by Sir Boris and Sir Morris when they are playing toss the rock. The Knights themselves thus decide that they will fix the clock.