Sure there are some double entendres, but your kids won't catch them, as they are well out-of-date(1931). No sexual scenes and no violence (well, maybe a fish slap).
Anyhow, there's no reason to keep anyone from watching this hilarious film.
Why does everyone think the Marks brothers are so funny? I tihnk the only part I got was the joke that Grouchy Marks made about the girl that he was talking about. Overall this was a movie that I can miss next time. Not recommended to anybody.