There is a local story that a Native American was hunting moose in the area, and he saw one. The native had forgotten to load his rifle with ammunition, but shot at the animal anyway. Thinking he had ruined his rifle, he began yelling at the moose about his bad luck. He said: "Moose, look! My gun stick"! This is only a legend but is told often as history. Because of this, another spelling sometimes used is Mooselookmeguntick Lake.