There are several copies of the lyrics at various lyric web sites (for example, here), and they all say:

And that old hillbilly he's sure buck dancing away
Lord the crowd's all packed in at Cherry and King

I suppose "Cherry and King" is the name of a venue of some sort, but I have failed to identify it with Google. It might also refer to an intersection, Cherry Street and King Street being fairly common street names in the US.