"Hidden Bard" by Richard Lederer in the May 1994 Word Ways perpetuates what is almost certainly a myth, the Shakespeare assisted in the translation of the King James Bible (KJV) and encoded his name in the text. Mr. Lederer correctly points out an astonishing fact, known for many years, that in Psalm 46, the 46th words from beginning and ending, respectively, are shake and speare (if the final word Selah is omitted).
Franson, J. Karl
"A Myth About the Bard,"
Word Ways: Vol. 27
, Article 10.
Available at: http://digitalcommons.butler.edu/wordways/vol27/iss3/10