Episode 46 : The Watch

George goes to the NBC president's home to get him to try to reinstate NBC's offer. He lowers his demands until the president finally agrees. Jerry ransoms his watch from Uncle Leo for a princely sum, but Jerry's father learns that Jerry lied about the watch. Jerry purchases a replacement wallet for his father and secretly puts four hundred dollars in it. When Jerry's father sees the wallet has a Velcro zipper, he throws it away. Once again, Uncle Leo goes trash diving and comes up with the wallet and the $400!

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