canadian oak island Treasure company
“It is the greatest treasure in the world, and I know exactly where it is.” - Thomas Nixon
Thomas Nixon, operator of a meat processing plant in Victoria, British Columbia, Canada, together with a few friends created the Canadian Oak Island Treasure Company, with a capital stock of $150,000.00. The mission statement of this company read as follows:
“To locate, seek for, and extricate from under or in the vicinity of Oak Island, in the province of Nova Scotia, in the Dominion of Canada, buried or hidden treasure money (gold silver copper), minerals, metals, coins, bullion, precious stones, jewels, trinkets, ornaments, or any other useful or valuable objects.”
Nixon believed that a tribe of Incas or Aztecs fled South America, taking their gold and treasure with them to avoid plundering by the Spanish. Nixon suggested that the unusual Oak trees on Oak Island were Mexican Oaks, planted by the same group, who also brought with them the coconut fiber found in Smith’s Cove and the Money Pit by previous treasure hunters.
The work done in the summer of 1934 by the Canadian Oak Island Treasure Company is notable for charting a 460 foot tunnel from the beach at Smith’s Cove to the Money Pit, as well as the creation of 14 boreholes which, as reported to Frederick Blair (holder of the treasure hunting rights), were significant for the following:
Shaft 1 - 170 foot in total depth, finding pink sand at 58 feet below, which Blair believed may have been caused by the red dye used in testing water flow prior to 1900.
Shaft 2 - Drilled 6 feet 11 inches from Chappell Shaft, finding pink sand, again at a depth of 58 feet below the surface.
Shaft 8 - Drilled 14 feet from the Chappell Shaft, finding bits of old oak at 110 feet below, and bits of old china below 123 feet.
Shaft 13 - Encountered what was considered to be a 14” thick bulkhead of Oak and cement at 142 feet deep, at which time the drill dropped, hitting decayed Oak at a depth of 169 feet, stopping at the 176 foot level against something solid.
Nixon had this to say about their findings in Hole # 13: “The drill broke through timbers at 142 feet and dropped until it hit something solid at 176 feet that sounded like a hollow drum.” In November of that same year, Nixon’s agreement with Blair lapsed, but 21 years later, as Texas treasure hunter George Greene was taking his turn at recovering the elusive treasure, Thomas Nixon was still a firm believer in the Oak Island Treasure.
Contributor: Doug Crowell
Thomas Nixon, operator of a meat processing plant in Victoria, British Columbia, Canada, together with a few friends created the Canadian Oak Island Treasure Company, with a capital stock of $150,000.00. The mission statement of this company read as follows:
“To locate, seek for, and extricate from under or in the vicinity of Oak Island, in the province of Nova Scotia, in the Dominion of Canada, buried or hidden treasure money (gold silver copper), minerals, metals, coins, bullion, precious stones, jewels, trinkets, ornaments, or any other useful or valuable objects.”
Nixon believed that a tribe of Incas or Aztecs fled South America, taking their gold and treasure with them to avoid plundering by the Spanish. Nixon suggested that the unusual Oak trees on Oak Island were Mexican Oaks, planted by the same group, who also brought with them the coconut fiber found in Smith’s Cove and the Money Pit by previous treasure hunters.
The work done in the summer of 1934 by the Canadian Oak Island Treasure Company is notable for charting a 460 foot tunnel from the beach at Smith’s Cove to the Money Pit, as well as the creation of 14 boreholes which, as reported to Frederick Blair (holder of the treasure hunting rights), were significant for the following:
Shaft 1 - 170 foot in total depth, finding pink sand at 58 feet below, which Blair believed may have been caused by the red dye used in testing water flow prior to 1900.
Shaft 2 - Drilled 6 feet 11 inches from Chappell Shaft, finding pink sand, again at a depth of 58 feet below the surface.
Shaft 8 - Drilled 14 feet from the Chappell Shaft, finding bits of old oak at 110 feet below, and bits of old china below 123 feet.
Shaft 13 - Encountered what was considered to be a 14” thick bulkhead of Oak and cement at 142 feet deep, at which time the drill dropped, hitting decayed Oak at a depth of 169 feet, stopping at the 176 foot level against something solid.
Nixon had this to say about their findings in Hole # 13: “The drill broke through timbers at 142 feet and dropped until it hit something solid at 176 feet that sounded like a hollow drum.” In November of that same year, Nixon’s agreement with Blair lapsed, but 21 years later, as Texas treasure hunter George Greene was taking his turn at recovering the elusive treasure, Thomas Nixon was still a firm believer in the Oak Island Treasure.
Contributor: Doug Crowell
Event Number: 13
Contributor: Paul Troutman
Oak Island Company Name, Group, or Individuals:
John Taylor, Baker, Thomas M. Nixon - Canadian Oak Island Treasure Company
Also Know By:
Company Formation date and location:
Initial Company Shares per Price:
Oak Island Leased by:
Years Active on Oak Island From 1933 to 1934
Deaths as a result on Oak Island:
Names of Company Members (location extra):
Summary Major Key s Activity, Year By Year:
Contributor: Paul Troutman
Oak Island Company Name, Group, or Individuals:
John Taylor, Baker, Thomas M. Nixon - Canadian Oak Island Treasure Company
Also Know By:
Company Formation date and location:
Initial Company Shares per Price:
Oak Island Leased by:
Years Active on Oak Island From 1933 to 1934
Deaths as a result on Oak Island:
Names of Company Members (location extra):
Summary Major Key s Activity, Year By Year: