Those were the so-called 1740 Trusts, set up by A.N. in 1963 in the Bahamian island of New Providence.

FORBES: On The Cover/Top Stories

The country's main island, New Providence, is home to Jaws Beach, where one of the Jaws films was shot.

BBC: Shark fishing banned in the Bahamas

These days, this often means gambling the night away at one of the glittering casinos found on the small island of Grand Bahama or in the capital of Nassau on the island of New Providence.

BBC: Surf and turf gambling in the Bahamas

Forecasters say the storm was still swirling across eastern New England with gusts up to 40 mph in cities that include Providence, Rhode Island, and Boston.

CNN: Northeast digs out after deadly blizzard