Go to the lake. Use the clothespin from the alley. Use the jar on the lake. Get the farting fish jar. Use farting fish jar on the tree hole at Bud's shack.
Do the following in room 4 at the Tornblister Saloon. You will need rope (cut from the gallows) and string (from clothes in the alley). Use the rope on Wild Bill. Use the rope on the bed. Use the string on Wild Bill's golden tooth. Open the door. Use the string on the door. Exit the room and close the door.
Note: This requires Bud's ID (with your picture on it) and a key. Both items are obtained from Bud's shack. Talk to the clerk at the bank. Give Bud's ID to the clerk, and the pass key when she asks for the password. Select the safety deposit box. Use the key on the box. Give the license to the joker at Gun N Balloon.
Note: This requires the Stinky Gringo found in room 2 of the Tornblister Saloon. Go to the Sheriff's office. Give Stinky Gringo to the prisoner. Get the watch.
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Pick up the bottle near the bank. Give the bottle to the machine. Use the machine button. Kick the machine if the money gets stuck. Use the magnetic horseshoe from the Bank scene and get some cents. Use the 20 cents on ammo dispenser at Guns N Balloons.