Hazardous,
I remembered an old article, "Guns & Ammo; Guidebook to Knives and Edged Weapons" circa 1974. There was a reference to the "Skatchet":
"There is a product called "Skatchet" available that is carried without a handle. When used without a handle, it is used as a knife, but a piece of round limb can be fitted through the eye to allow it to be used as a hand axe. The problem with using this tool is that there just isn't enough head weight to be effective as an axe. Also, the piece of limb used as a handle would be of questionable strength."
There is also a large picture of the "tool". Looks like a tomahawk that NASA got hold of. Name on the thing is spelled "SKACHET", but the article repeatedly refers to it as "SKATCHET". Unfortunately no reference is given as to who made the blasted thing. For some reason it sounds Canadian to me. Thinking back I remember seeing this in very old catalogs from Gander Mountain (out of business, I believe).
As it appears I don't think a competent knife/blade smith would have difficulty replicating the thing.
Email your home address and I will send a copy of the diminutive reference.