According to Dr. Emery's notes, Valance confessed to drowning Morgan in the Niagara River.
Weed stated, on his deathbed, that John Whitney, who was convicted on a charge of conspiracy related to Morgan's disappearance, told Weed all the gruesome details of what happened to Captain Morgan. John Whitney denied any truth in Weed's statement. whitney bank
There were also rumors that Morgan was taken and questioned by Freemasons, but then released. One account has Morgan taking the gold and the horse, and moving to Boston, Massachusetts. Different people reported sightings of Morgan in Boston in 1827.
In 1875, a man by the name of Captain Samuel Masters wrote a letter stating that he believed he saw Captain Morgan in Smyrnia in 1830.
Another story came about from correspondence in 1950 between Grand Master Morgan J. Smead, Grand Lodge of Michigan, and William Morgan's great-granddaughter's husband, I. Dwight Hunter.