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=== Transformation of Lake Pleasant === The town of Lake Pleasant was formed in 1812 from the town of [[Wells, New York|Wells]]. Lake Pleasant was a "mother town" of Hamilton County, and other towns were made, in whole or part, by removing parts of its territory: [[Morehouse, New York|Morehouse]] (1835), [[Arietta, New York|Arietta]] (1836), part of [[Long Lake, New York|Long Lake]] (1837), part of Gilmantown (1839β1860), part of [[Hope, New York|Hope]] (1847), part of [[Wells, New York|Wells]] (1858), and part of [[Indian Lake, New York|Indian Lake]] (1861). Gilmantown stretched over {{convert|40|mi}} from Wells to Long Lake and was soon recognized as impractical; the land was annexed to Lake Pleasant and Wells. Gradually settlement continued and two communities developed about {{convert|4|mi|0}} apart near the waters of Lake Pleasant. In 1844, the community of Lake Pleasant was also known as "Sageville"<ref name="lakepleasantny.org">{{cite web|url=http://lakepleasantny.org/lp/ |title=Town of Lake Pleasant |accessdate=March 30, 2013 |url-status=dead |archiveurl=https://web.archive.org/web/20130215040434/http://lakepleasantny.org/lp/ |archivedate=February 15, 2013}}</ref> after Hezekiah Sage built a hotel and attempted to rename the community after himself. In 1897, the town's name returned to Lake Pleasant.<ref name="Weaver, Anne A. 2010"/> The small settlement at the foot of the lake was Lake Pleasant until 1864 when Joel Newton built a small store and hotel in the center of town and secured a post office with the name "Newton's Corners". At that time Page Hill and Page Street were included in Newton's Corners. Joel Newton's structure burned in 1870, and in 1872 the Newton's Corners post office was reopened in Satterlee's store. Henry Dunning built a hotel in 1882 where Newton's hotel had been and the post office had moved there, and 1896 the community received a new name, [[Speculator, New York|Speculator]], after the mountain seen across the lake. In 1892, a few ambitious and industrious business leaders felt they needed to update and modernize their facilities. Speculator was a "booming Mecca" for tourists. With the support of the voters in 1925, the village of Speculator was "incorporated" with a mayor and two trustees, which later changed to four trustees.<ref name="lakepleasantny.org"/> The village of Speculator purchased a small water system of Dexter Slack and expanded it. The village had a generating plant and waterwheel installed at Christine Falls, and by 1926 they had electricity.
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