Gould, a native of New York, acquired an immense fortune during the Industrial Revolution, part of which included ownership of ten percent of all the rail tracks in the United States at the time of his death.

Raw hides were shipped from the western United States and Australia on the railroads owned by Gould to Gouldsboro.

[4][5] A dam and spillway were built on an existing lake in 1895 by the North Jersey & Pocono Mountain Ice Company.

Repairs included removing debris, installing a culvert, fence and erosion control measures, and replacing the spillway.

The common game fish are pickerel, yellow perch, bass, walleye, sunfish, muskellunge, and catfish.

The common game species are squirrels, wild turkey, white-tailed deer, black bear, and snowshoe hare.

The trapping of muskrats, raccoons, beaver, mink, fox, and coyote is permitted with the proper license.

The average wettest month is September which correlates with tropical storm remnants during the peak of the Atlantic hurricane season.

During the winter months, the plant hardiness zone is 5a with an average annual extreme minimum air temperature of −16.1 °F (−26.7 °C).

Ice storms and large snowstorms depositing ≥ 12 inches (30 cm) of snow occur nearly every year, particularly during nor’easters from December through March.