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Known to its founders as the Diminishing Republic, and to legend as Palm Tree Island, this sandbar has been a cultural hub for 20 years. (Port City Daily/Preston Lennon) WRIGHTSVILLE BEACH –– Nancy Faye Craig walks from her townhouse in Wrightsville Beach down to a small shore in her private neighborhood that faces the mouth of Lees Cut Harbor Island’s northern saltwater border through which small craft can cruise between the Intracoastal Waterway and Banks Channel. It’s a Saturday afternoon and the tide is dead low. Families who live in the townhomes that dot Wrightsville Beach’s edge near the public boat ramp read magazines and watch their children play in the water. ....