In Chapter VII of "The Soldier of Indiana", it talks about the 7th Indiana Regiment, and how it got its nickname, "Banner Regiment".

During the "Battle of Cheat Mountain", Colonel Wagner ordered Lieutenant-Colonel Owens, with two hundred and twenty-five infantry and four dragoons to proceed along the turnpike to meet the enemy, but to bring on no general engagement (just like at the "Battle of Franklin"??). However, it was impossible to avoid an engagement, and Colonel Owen ordered his men to fire by sections, then to countermarch, re-form, and load in the rear.

The Confederates had three guns disabled, and lost, according to their own accounts, fifty men. General Reynolds, whose estimation of numbers is always very moderate (just like at the "Battle of Powder River" with the Sioux??), reckoned their loss over two hundred.

On the return from battle, the 7th Indiana discovered, to its consternation, that its banner was missing. The color-bearer, called to account, was obliged to confess, that, when the troops supporting the batteries were ordered to throw themselves on the ground, he had put the banner, for safe-keeping, in a fence-corner, or against a tree, and having fallen asleep, had forgotten it when roused to join in the attack on the enemy's right.

This ridiculous incident gave the 7th Indiana the title of "Banner Regiment",-- a title given in mockery, and received in some mortification, but fitting to be worn now in all honor by the men who fought at Port Republic. The "Battle of Greenbrier" closed the campaign.