As Wendy tells her brother a story about Peter Pan before bedtime, the reader sees the events unfold in Neverland. While the Lost Boys are captured by Indians, Peter Pan rescues the Chief's daughter, Tiger Lily, from Captain Hook, who has kidnapped her. The Chief releases the Lost Boys and throws a party upon Tiger Lily's return, but Peter realizes that's Tinkerbell is held hostage by Captain Hook later on. With help from the Lost Boys, he plans a daring rescue. While the story is fairly straightforward, the illustrations leave something to be desired. Fans of Disney will know that the Indians of this 1950s movie are caricatures and this story, published in the same era, doesn't hold up well. I do adore Peter Pan and understand there is a huge element of fantasy involved as a fan of Barrie's work, but the artwork could use an update to make this more appealing and tolerant. Not recommended.
I know this book is vulnerable to the same issues Peter Pan itself has -- but despite generally knowing the story of Peter Pan, I don't know what the original Barrie version is like. I find it rather offensive. First, there's all the Indian stuff. Then there's the laughing at misfortune. Tink actually stays behind to just laugh and laugh at Hook. And lastly, Tiger Lily does not speak at all. Despite being a rather major character, she is not treated as real or fully-formed.