In 1883, the island was purchased for $60 by William McPherson, a Toronto deputy chief of police.
[2] Treasure Island Resort remained in business until Joe Hodgson died in 1968.
Finally, the Moeller family of Spencerville, Ohio, bought Treasure Island in 1980.
According to local tradition, Treasure Island was originally named Mindemoya, because of the distinctive shape of the island: rising at one end to a long, flat hill, with a steep drop to a short, low area at the other end.
In frustration he eventually kicked her and sent her flying, to land on her hands and knees in Lake Mindemoya, leaving her back and rump above the water, which we see today as the island.