The stone and the summit cross are located at 1,072 m above sea level in Strallegg.
According to legend, three men who lived near Graz heard that there was a treasure of gold and precious stones on a mountain in the Feistriztal valley. They immediately set off in search of the treasure and when they reached the height of Strallegg, they saw a glitter and literally ran up the mountain.
Just before they reached their destination, a dwarf appeared to them. He said to them: "Listen to me and be careful with the gold on the mountain. Otherwise it won't bring you any luck!". However, the men did not listen to him and rushed for the treasure.
Immediately afterwards, the sky darkened and a comet shot across the firmament and straight towards the men. The comet killed all three of them and turned them into gray stones.
You can still see these stones on the mountain today.