Panic:

The first church in McCalmont Township was in the town of Shamoka. It was a Cumberland Prebyterian Church built in 1871. A store was opened by George Morrison in 1882. When it came time to open a post office, it was learned that the name Shamoka was already taken. The townsfolk suddenly had to come up with a new name. As time went on, no one could agree on a suitable name; panic set in. Someone in a stroke of genius suggested that since everyone was in a panic, they should call the place Panic; on that they agreed and it has been known by that name ever since!