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The hotel was named after "the Sagamore", an American Indian character in the James Fenimore Cooper novel The Last of the Mohicans (1826). Several of Lake George's nearby islands are also named after characters from the book. [citation needed] Twice damaged by fire, in 1893 and 1914, the Sagamore was rebuilt in early 1921.
The first private owner of the lake front property ran the United States Hotel on the site until F. G. Crosby bought the land and building in 1848. Financial difficulties caused him to lease the structure to the Lake George Young Ladies Institute in 1855 but it was shut down after only one year of operation.
New York City financier Oscar Tang, a major stockholder at the time, purchased the company in its entirety after the 1979 oil crisis. [6] However, by 1982 KOA franchises had increased to nearly 900. By 2002, after stricter quality standards weeded out many campgrounds, KOA campgrounds numbered almost 500, with most being in the United States. [7]
Lake George drains into Lake Champlain to its north through a short stream, the La Chute River, with many falls and rapids, dropping 226 feet (69 m) in its 3.5-mile (5.6 km) course—virtually all of which is within the lands of Ticonderoga, New York, and near the site of Fort Ticonderoga.
According to the United States Census Bureau, the village has a total area of 0.6 square miles (1.6 km 2), all land.It is situated beside Lake George.The village is located approximately 50 miles (80 km) north of Albany and about 200 miles (320 km) north of New York City and northwest of Boston, Massachusetts.
There is the Lake George Battleground on the edge of the village along County Route 6. [50] To the north, there are several hotels and motels to serve tourists visiting the lake. There are several campgrounds around the region including Hearthstone Point on Route 9N and Lake George Battleground south of the village. [50]
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