The way I knew it in the 50s, was:
Lulu had a steamboat; steamboat had a bell;
Lulu went to heaven; steamboat went to
Bang away on Lulu, bang away all day.
Who you gonna bang on when Lulu's gone away?
Lulu had a chicken; she also had a duck;
She put them on the table to see if they would
Bang away on Lulu, bang away all day.
Who you gonna bang on when Lulu's gone away?
Lulu spilled her orange juice, Lulu broke her glass;
Then she slipped upon it and broke her little
Bang away on Lulu, bang away all day.
Who you gonna bang on when Lulu's gone away?
Ask me no more questions; I'll tell you no more lies;
Lulu got hit with a bucket of shit,
right between the eyes!