It still exists. It is located at the intersection of highways 33 and 26 just east of Beaver Dam. There are a few houses there and a little park. A stream runs through it. A gas station at the intersection. Some kind of old cement or concrete(?) factory there. It's about two blocks long. My guess would be that the 'town' was built around the factory. I would also guess that the name of the town is somehow related to the two railroads that intersect there. You can find it on the map at www.expedia.com
and the next time I drive through there I'll look to see what the name of the factory is.