There is a legend that Edward Teach (aka Blackbeard The Pirate) buried a load of treasure under a huge oak tree located at a point overlooking Green and Smith Creeks. This area later became known as Dewey Point and Teach’s Cove. During the 1955 hurricane, the tree was blown over, but to this day some people believe that Blackbeard’s treasure remains buried here. Occasionally, searchers are still seen using metal detectors trying to locate the loot. Town lore tells the story of a beautiful red-haired local girl who was wooed by Teach and waited for his return to marry her at the very spot where they picnicked beneath the old oak tree. He never returned and that broke her heart. Some say that her spirit dances and waits where the old tree stood.
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