I think most people today have probably never heard of this book and I'm amazed that it was recently reprinted.
My dad used to read this to me when I was little, although it is not a children's book. It's a book written in 1910 and tells stories about some boys at Siwash College, their fraternities (like Eta Bita Pie), and their star football player, Ole Skjarsen.
It's been awhile since I've read it, and I'm pretty sure a lot of it wouldn't be politically correct these days, but I'll always have fond memories of this book. And of laughing while my dad read Ole's nearly indecipherable Swedish dialect out loud.