The Lofthus was a merchant ship that carried heavy, expensive cargo that attempted to ward off pirates with painted-on gun ports. However, it was not pirates that caused the demise of the Lofthus. The ship wrecked with 800,000 feet of lumber, which sold for $1,000 in Sept. 1898. The remains of the ship rest a mile from the Boynton Inlet.
Florida's Underwater Archaeological Preserves