[2][3] It was later sold to Philadelphia banker Roland L. Taylor and then to Jacob "Jake" Martin of Brooklyn, New York in 1932 who converted it to a fishing excursion boat.

[2][3] It was commissioned as USS Phenakite (PYc-25) on 1 July at Tompkinsville, New York and patrolled the waters off of the Florida Keys during World War II.

In 1986, a Cincinnati local named Robert Miller purchased the ship for the low price of $7,500 and spent 10 days restoring the yacht so it could make the journey to the Midwest.

Unable to afford expensive repairs needed to save it, Miller left the boat to rust away on Taylor Creek where it remains to this day.

[4] The decayed and abandoned boat is a popular destination for kayak enthusiasts in the Cincinnati area and is commonly referred to as "The Ghost Ship.