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Osgood was platted in 1854 when the railroad was extended to that point. The town was named for A. L. Osgood, a railroad official.
In 1999, the community received a $23 million bequest from the Gilmore and Golda Reynolds Foundation, which was established by two lifelong Osgood residents to assist the town government as well as local non-profit organizations.
GPS Location: 39°07'55.6"N 85°17'32.9"W