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Tribute to a Mining Town - Panama Illinois
The year was 1905 and the initial process of transforming a veritable wilderness into a village, called Panama, was beginning to take shape. It began as a mining encampment full of tents and log cabins, after a large vein of coal, seven feet eight inches thick, and at a depth of 370 feet, had been found in a prospect hole that had been sunk in the bed of Bear Creek, about a quarter mile north of the Bond and Montgomery county line. The first shaft was sunk by the Shoal Creek Company, out of Chic
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