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Oak Island Money Pit Detailed resource covering the money pit's history; The Mystery Pit of Oak Island containing diagrams of the money pit; The Oak Island Enigma A History and Inquiry Into The Origin of The Money Pit – Penn Leary 1953 "Mystery Island Baffles Treasure Hunters". Popular Science, May 1939, pp. 72–75
Located on the east side of Oak Island, the Money Pit is—or was—a shaft more than 100 feet (30 m) deep. According to island lore, it first drew the attention of a local teenager in 1795, who noticed an indentation in the ground and, with some friends, started to dig—only to find a man-made shaft featuring wooden platforms every 10 feet (3 ...
Billy Gerhardt (season 4–): A heavy equipment operator who starts conducting most of the heavy digging in season 4. He has his own business called Gerhardt Property Improvement in Lunenburg, [27] and his trucks and other machinery are often seen at the money pit and Smith's Cove areas of Oak Island.
At the money pit, drilling starts at a point suggested by Charles Barkhouse. At 171 ft (52 m) the drill bit enters a void that continues down to 192 ft (59 m) in borehole C–1. In the spoils from the shaft, Jack Begley finds a small piece of metal. Relatives of Maynard Kaiser, who fell to his death in the money pit in 1897, visit the island ...
Oak Island and St. James have been instrumental in the area’s growth. Both towns were incorporated on July 1, 1999, and both have seen their populations increase exponentially over the past ...
Gilbert Dayton Hedden, Sr. (April 6, 1897 – September 14, 1974) was an American industrialist, politician and treasure hunter. He was Mayor of Chatham Borough, New Jersey from 1934 to 1938 [1] and is most notable today for his role in investigating the Oak Island mystery, described as the costliest treasure hunt ever.
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Oak Island money pit: Legend 1795 ... The money was believed to fund the purchase of weapons for the Boer Commandos. The funds went missing.