Fishbasket Old Town. Near here, at the mouth of Town Run on Redbank Creek, a Shawnee village stood in the late 18th century. Called "Fishbasket" for these waters' immense schools of fish, it was at the junction of at least two major paths traveled by Native Americans: the Frankstown-Venango and Punxsutawney-Venango Paths. Prehistoric fortified Indian villages, revealed by archaeological investigations, also existed in this locale.