The Hangman's Tree is first seen in the 1953 film Peter Pan. It is an old tree with several hidden entrances in it that the Lost Boys use to enter and exit the tree. Near the end of the movie, it is destroyed by the bomb that Captain Hook had disguised as a present from Wendy.
Hangman's Tree appears in the jungle area of the Pirates of the Wasteland level, holding a projection screen portal back to Tortooga. By accessing three jungle symbols, Mickey can climb up further on the outside of the tree.