Billy Bunny's Christmas Frolics #1

The issue contains multiple Christmas-themed stories featuring Billy Bunny and other characters. One story involves Billy Bunny encountering a criminal named Wily Wolf who is hiding from the law. Another story features Billy Bunny and a duck character involved with a flying machine that breaks its control lever, causing chaos and requiring intervention from a character arriving with friends. A third story shows Billy Bunny meeting a dragon character and planning to help scale a wall to assist "poor Daffy Dragon," with the bunny later appearing tired after his efforts.