Town Crier

Silver Lake is a name first used about 150 years ago to a place that had been called Sandy Pond. The name probably was from the ice companies wanting a clean name for the ice. It certainly had nothing to do with any silver or gold.

60 years ago, though, youngsters found a considerable amount of cash in the water at Moxie Beach. On Sunday, Aug. 28, 1960, it was "Diving for Dollars," $231, to be exact. The story was re­ported on the front page of the Town Crier.

The first money was found by a girl about 4:45 p.m. A man claimed the money and gave her a dollar. Three boys, Wayne Hamilton, Eddie Sullivan and Ralph Smith then found more money, including a $100 bill. They gave the mon­ey to the same man, who gave them two $10 bills and told them to split it.

Another girl who found $30 refused to give the money to the man. She turned it over to the Wil­mington Police.

The man, wearing Ber­muda shorts, left in his car. Someone took the license number, but when police ran the number, it came back to an address in Boston’s West End, which had been torn down as a part of the massive urban renewal project.

It was reported that the man had been seen at Moxie Beach a few times prior to the mon­ey incident. It was also reported that when he left, he left his wife and children behind. The fa­mily was never identified.

The money find set off a thorough search of the area. Johnny Rob­bins found a wedding ring, but it was somehow de­termined that it was not connected with the mon­ey. A woman was repor­ted to have been searching the area for her wedding ring for several weeks.

Moxie Beach was ap­proximately where the fishing pier is today. It was so named because of a Moxie sign on one of the nearby buildings, formerly a lakefront ice cream shop.

In 1960, $231 would buy a decent used car. The classified ads in the Town Crier that month listed a 1951 Chevy for $75, a 1953 Nash for $100 and a 1954 Ford for $250. Gas was 31 cents a gallon; the median house price was $16,500.

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.