The steamer Islander, wrecked 20 years ago next month, has been located by Captain Frank Walters, deep sea diver. The wreck, according to Walters, is in 300 feet of water one mile southwest of Marmion Island light. Captain Walters is the man who salvaged the safe from the wreck of the Princess Sophia last summer. He started searching for the Islander two months ago.  Gastineau Bygones – 09/19/1980