It looks like lots of different versions kicking about all with more or less sense. My father (born 1933 Ohio) always sang it as follows - and explained it as a nonsense song - with the objective to sing it all in one breath. Lyrics:

SLEWFOOT SUE

There once was a girl I knew
By the name of Slewfoot Sue
She was chief engineer of a shirt tale factory
Down by the riverside view
Her form was all she had
She had a face like a soft shell crab
Every night she had a tustle, with the buttons on her bustle
And boy was she mad, PHEW!

It always ends with a bit of a whoop! I do like the idea that shes from a cat house, which would make a lot of sense. The last line I always assumed was her frustrated reaction to trying to get out of her clothes, although if she had a nice form - one would imagine she wasn't fat.
Cheers,
PA