Written and first recorded (as “Hey Lolly Lolly”) by Woody Guthrie (1944, released 1952).
Also recorded by Pete Seeger (as “Hey Li-Lee”, 1954), The Vipers Skiffle Group (sa “Hey Liley Liley Lo”, 1957), The Limeliters (as “Hey Li Lee Li Lee”, 1961).
Hit version by Chubby Checker (US #12/R&B #4 1963).
From the wiki: “Woody Guthrie recorded a version of “Hey Lolly Lolly” in 1944 which was not released until 1952. Pete Seeger recorded ‘Hey Li-Lee’ in 1954 but the song did not first gain wide familiarity until The Limeliters recorded their variation, ‘Hey Li Lee Li Lee’, during the early ’60s Folk music revival. Chubby Checker further adapted the song, recording ‘Hey Lolly Lolly’ in 1963 and going Top 20 with it on the Billboard Hot 100 and Top 5 US R&B charts.”