It's painfully obvious this is a yarn. Small town newspapers were full of them in the 1800s and early 1900s, along with a lot of trash talking of neighboring towns, their newspapers and editors, especially in the western US. Sam Clemens became famous as Mark Twain by engaging in such activities. People who are not familiar with the realities of the newspaper business back then tend to think fluff like this was serious reporting, when they were really just humorous pieces, often poking fun at local worthies.
Back in the 70s, there were some people around the area who were alive at the time the story hit the paper. They had either heard nothing of it, or knew it was just a tall tale. The "facts" given in the story don't match reality either. OK, some people swore it was all real. They were in the minority, and I know people who swear to the truth of all sorts of nonsense.
There were some actual investigations done by competent people over the years, and no one found any reason to take the story seriously. I'm sure there are some bloggers and Reddit fans who have done "investigations" and "research" and, well, all bets are off when that crowd joins the circus. For some sober examination of the reality, Kevin Randle has a fair bit about it in several posts on his blog. (I do not consider him a "blogger" since he is an accomplished author, and has done more actual research than twelve dozen posers.)