The Martha’s Vineyard Historical Preservation Society Inc. this week formally announced the launching of its campaign to raise $740,000 by Dec. 8 to purchase the land, building and business of the historic Oak Bluffs carousel, the Flying Horses.

 

As part of its agreement with the present owner of the carousel, James Ryan of Osterville, the society has managed the Flying Horses since its opening on the Memorial Day weekend. It is open seven days a week, from 10 a.m. to 10 p.m.