Mrs Watson's Monument, located in Charlotte Street, Cooktown, stands as a tragic testimony to the harsh conditions women and children endured during the early days of Cooktown's development.

Called the Heroine of Lizard Island, Mrs Watson and her infant son, Ferrier, as well as two Chinese servants, tragically lost their lives at Lizard Island during an altercation with the local mainland Aborigines who were defending their traditional land.

Mrs Watson's grave is located at the Cooktown cemetery.