It is at the end of 4 mile portage, Hoist bay. If the water is low you can easily see it. Some think it is a train engine, but no. It was used to lift logs out of the water and place them on the train at 4 mile portage. I added a link with some of Basswoods history.

link-basswood-history

Hoist Bay, North east of the end of four mile portage,


not the first cove but second if I recall correctly.