Charles Wood (businessman)

Charles Wood (businessman)

Charles R. "Charley" Wood (1914 – September 30, 2004) was an American businessman.

Biography

Wood was born in Lockport, New York, in 1914.

After seeing the amusement park Knott's Berry Farm in southern California he was inspired in 1954 to open his own park in Queensbury, New York, which he named Storytown USA. In order to do this, he needed some loans from local banks. With $500 in his pocket at the time, he walked into a bank, applied for the necessary loans, and was denied. To this, he replied to the bank manager "One day sir, I will be able to buy and sell you." Success followed this Mother Goose themed park and in 1959 he opened a second amusement park in the village of Lake George, New York, this one named Gaslight Village, which eventually closed in the 1980s. Storytown USA changed its name to The Great Escape in 1983 and was eventually sold to new owners, finally winding up under the Six Flags park umbrella. Wood purchased Martin's Fantasy Island in 1983 and owned it until 1989. He would later own the park again from 1992 through 1994.

Wood became a philanthropist for northern New York state through his Charles R. Wood Foundation, donating money to libraries, hospitals and providing seed money for a theater in downtown Glens Falls, New York, which was later named for him.

In 1993, Wood co-founded, with actor Paul Newman, the Double "H" Ranch, a Hole in the Wall Gang Camp for critically ill children.

Wood died at age 90 in 2004.

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