▁to ▁" super st it ious ▁dread ". ▁Another ▁tw ist ▁on ▁the ▁story ▁has ▁all ▁four ▁people ▁involved ▁as ▁te en agers . ▁In ▁this ▁rendering ▁McG inn is ▁first ▁finds ▁the ▁de pression ▁in ▁ 1 7 9 5 ▁while ▁on ▁a ▁fish ing ▁expedition . ▁The ▁rest ▁of ▁the ▁story ▁is ▁consistent ▁with ▁the ▁first ▁involving ▁the ▁logs ▁found , ▁but ▁ends ▁with ▁all ▁four ▁individuals ▁giving ▁up ▁after ▁dig ging ▁as ▁much ▁as ▁they ▁could . ▁ ▁In ▁about ▁ 1 8 0 2 , ▁a ▁group ▁known ▁as ▁the ▁On slow ▁Company ▁alleg edly ▁sa iled ▁from ▁central ▁Nova ▁Scot ia ▁to ▁Oak ▁Island ▁to ▁recover ▁what ▁they ▁believed ▁to ▁be ▁hidden ▁tre asure . ▁They ▁continued ▁the ▁exc av ation ▁down ▁to ▁about ▁, ▁with ▁layers ▁of ▁logs ▁( or ▁" marks ") ▁found ▁about ▁every ▁, ▁and ▁also ▁discovered ▁layers ▁of ▁char co al , ▁put ty ▁and ▁co con ut ▁fib re ▁along ▁with ▁a ▁large ▁stone ▁ins cribed ▁with ▁symbols . ▁The ▁dig gers ▁then ▁faced ▁a ▁d ile m ma ▁when ▁the ▁pit ▁flo oded ▁with ▁ ▁of ▁water ▁for ▁unknown ▁reasons . ▁The ▁alleg ed ▁exc av ation ▁was ▁eventually ▁abandoned ▁after ▁workers ▁attempted ▁to ▁recover ▁the ▁tre asure ▁from ▁below ▁by ▁dig ging ▁a ▁tunnel ▁from ▁a ▁second ▁sh aft ▁that ▁also ▁flo oded . ▁The ▁last ▁major ▁company ▁of ▁the ▁un pub lished ▁era ▁was ▁called ▁The ▁Tru ro ▁Company , ▁which ▁was ▁alleg edly ▁formed ▁in ▁ 1 8