 The story refers to the pillar as “The Haunted Pillar.”

According to local folk-lore, a preacher who was denied the right to preach there, "... threatened that a great wind would destroy the place except for one pillar and that whoever tried to remove this remaining pillar would be struck dead," according to a person interviewed by "The Augusta Chronicle".The market was located directly in the middle of Broad Street, and once it was removed Augustans were reluctant to build there again.