) ▁Captain ▁Henry ▁L . ▁Bow do in ▁arrived ▁on ▁Oak ▁Island ▁in ▁August ▁ 1 9 0 9 ▁representing ▁the ▁Old ▁Gold ▁Salv age ▁Group , ▁one ▁of ▁whose ▁members ▁was ▁Franklin ▁Del ano ▁Ro ose vel t . ▁By ▁this ▁time ▁the ▁area ▁now ▁known ▁as ▁the ▁" m oney ▁pit " ▁was ▁cleared ▁out ▁to ▁, ▁and ▁divers ▁were ▁sent ▁down ▁to ▁investigate . ▁Although ▁multiple ▁bor ings ▁were ▁taken ▁in ▁and ▁around ▁the ▁pit , ▁none ▁of ▁the ▁cores ▁revealed ▁anything ▁of ▁interest . ▁ ▁Bow do in ▁also ▁exam ined ▁Smith ' s ▁C ove , ▁where ▁d rain ▁t unn els ▁and ▁a ▁ring ▁b olt ▁in ▁a ▁rock ▁had ▁reported ly ▁been ▁seen . ▁Although ▁the ▁group ▁found ▁the ▁remains ▁of ▁an ▁ 1 8 5 0 ▁c of fer dam , ▁no ▁evidence ▁of ▁anything ▁else ▁was ▁found . ▁Bow do in ▁later ▁exam ined ▁the ▁" stone ▁ci pher " ▁in ▁Hal if ax , ▁and ▁found ▁it ▁a ▁bas alt ▁rock ▁with ▁no ▁symbols . ▁He ▁was ▁doubt ful ▁that ▁symbols ▁could ▁have ▁worn ▁off ▁the ▁rock , ▁given ▁its ▁hard ness . ▁The ▁group ▁left ▁the ▁island ▁in ▁November ▁ 1 9 0 9 , ▁but ▁Ro ose vel t ▁kept ▁up ▁with ▁Oak ▁Island ▁news ▁and ▁develop ments ▁for ▁most ▁of ▁the ▁rest ▁of ▁his ▁life . ▁ ▁William ▁Ch app ell ▁and ▁Gilbert ▁Hed den ▁( 1 9 2 8 – 1 9 3 9 ) ▁ ▁In ▁ 1