Cartersburg Springs (or Magnetic Springs) is a site in Liberty Township, Hendricks County, Indiana, about a mile north of the town of Carterburg. The springs formerly at the site have ceased flowing, Geography Cartersburg Springs (Magnetic Springs) is located at . History The springs were known by and used extensively by Native Americans in the area well before the first white settler, Samuel McCormick and his wife arrived about 1800. Native American artifacts such as arrowheads, and beads, were periodically found near the springs as recently as the 1950s. Samuel and his wife settled on the hill overlooking the springs near what is now Cartersburg, Indiana, and raised 12 children. According to a 1926 recorded interview with daughter Eliza Jane McCormick, no one in the family ever required the care of a doctor. The family attributed their good health to the healing powers of the spring water. By the mid-19th century residents of the area would regularly visit the springs to bathe and take home containers of this miracle water. In 1822, George Matlock, Jacob Wagoner, William Ballard, and Alen Little purchased the farm that surrounded the springs. By the late 19th century the springs had become so popular for picnics and social gatherings that A.W. Carter, G.V. Seaton, J.A. Veatch, John Tartelon, Edward Conn, T.A. Prewitt, and J.A. Dobyn formed the Cartersburg Springs Mineral Corporation with the intent of selling shares and building a resort. A post in the Danville Union newspaper dated Feb. 19, 1874 states: Almost immediately disagreements and disputes erupted, some leading to bitter grudges. By 1900, the group had spent a tidy sum of money that they didn't have, and they were forced to sell some of the land. One of the stockholders, Albert Veatch, purchased about including the hill overlooking the springs with the intent of building a competing hotel but that dream never materialized. An advertisement titled "The Season of 1901" promoted the springs by saying, Brochure prices were: Weekly board $7.00/$8.00 Daily board $1.50 Single meals $0.40 Bath with attendant $0.50 Around 1903 the balance of the Cartersburg Springs Mineral Corporation was purchased by Dr. Kimberlin, a well-known heart specialist. He immediately sold a 49% interest to Armand Koehne and together they pushed the enterprise into a summer hotel success. A 1903 water analysis report released by the Indiana State Board of Health and signed by the boards director Dr. J.N. Hurty