Town historians will no doubt be familiar with Elizabeth Furnace, the iron foundry built in 1827, that was located in Woodbury before being disassembled and moved to Bloomfield. I just came across the following in History of Bedford, Somerset and Fulton Counties, published in 1884:
(excerpted from the biography of Col. James Madara)
...Wishart afterward moved to Elizabeth Furnace, or, as it is now known, " Woodbury,"...
Although it was quite common for locales to be named for a foundry (or mill, etc.), to my recollection this is the first I've heard of our town actually being called by that name. Has anyone else heard of this?