The Collaborative International Dictionary of English v.0.48:

Locker \Lock"er\, n.
   1. One who, or that which, locks.
      [1913 Webster]

   2. A drawer, cupboard, compartment, or chest, esp. one in a
      ship, that may be closed with a lock.
      [1913 Webster]

   Chain locker (Naut.), a compartment in the hold of a
      vessel, for holding the chain cables.

   Davy Jones's locker, or Davy's locker. See Davy Jones.


   Shot locker, a compartment where shot are deposited.
      --Totten.
      [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Davy Jones \Da"vy Jones"\
   The spirit of the sea; sea devil; -- a term used by sailors.
   [1913 Webster]

         This same Davy Jones, according to the mythology of
         sailors, is the fiend that presides over all the evil
         spirits of the deep, and is seen in various shapes
         warning the devoted wretch of death and woe.
                                                  --Smollett.
   [1913 Webster]

   Davy Jones's Locker, the ocean, or bottom of the ocean.

   Gone to Davy Jones's Locker, dead, and buried in the sea;
      thrown overboard.
      [1913 Webster]