So, how did Elizabethtown, located off the now New Mexico State Road 38 between Eagle Nest and Red River, come to be and end up a ghost town? The story starts with the discovery of gold on Baldy ...

Elizabethtown, New Mexico. The grade school in a deserted gold camp town which dated back to the 1870s. Photo by Collier, John, Jr., 1913-1992. (Credit: Library of Congress) Elizabethtown, New Mexico.