The citizen. (Frederick City, Md.) 1895-1923, 1900-11-23
NEW ADVERTISEMENTS.
MORTGAGES SALE A,L
THE CATOCTIN FURNACE AND
OTHER PROPERTY.

tHc NAIpNIlN MOUN lain IkON COM-
PANl, Of Frederick County, which mort
gage is recorded in I.ber d. II. H.. No. 6,
folio II, etc, one of the Land Records for
Frederick County, and in pursuance of an
order passed i'll the premises by the Circuit
Court for Frederick County III Equity in
the cause No. 6~sl ON the docket of said
Court, the undersigned, as mortgages,
will sell at public sale, at the Court House
door, in Frederick City, in Frederick
County, Maryland, on
WEDNESDAY, DECEMBER 2Gth, 1900,
at II o'clock NJ,
all the following property mentioned in said
mortgage viz:
FIRST. The property known as THE
CATOCTIN IRON WORKS and the lands
thereto attached, situated on the Frederick
and Emmltsburg Turnpike road, at the
base OF the Catoctin range OF mountains
and about II miles from Frederick City,
and about three miles south of Thurmont,
station on the Western Maryland Rail-
road; sad Furnace property is connected
with the railroad mentioned by a railroad
known as Monocacy Valley Railroad. The
land IN this tract is about 1000 acres, more
OF less The Improvements ON the property
are:
(a) A Coke Furnace lately put in good
condition throughout, and now engaged in
making lron and at the rate ofabout % tons
per day, and with a capacity Of between 40
and 30 tons.
tb) Charcoal Furnace, now Invested
OF machinery.
lcl A large Mill with ample water
power, formerly used for grinding oxydiz-
ing and preparing ochrcS and umbers
(dl a large Frame Store and Office
Building.
lel A large l6-room Dwelling House,
with all necessary Outbuildings.
ltl Carpenter and Blacksmith Shops,
Carriage Lumber, Corn House, Stables for
Thirty horses, etc.
~ About 10 Tenement Houses for the
use of the employees about and at the Fur
mace and which are capable OF yielding
about Sl20 per month rent.
The Furnace has lately been put in re-
pair at large expense and is now going
concern, with all appliances and appoint-
ments, for Il purchaser TO Immediately
make iron.
The entire property has been repaired
and put in good shape and possesses all the
accessories OF a going business i'll a good
condition. There are on tins tract large
deposits OF hematite ore, which are readily
accessible and are believed to be practically
neNhausubie. The ore is OF excellent
quality, IN close proximity to the Furnace,
and Is now in use at the Furnace, the ore
mines being furnished with washers,
pumps, etc.
y deposit of magnetic iron ore of great
richness has been traced for two miles upon
the property; tins deposit is undeveloped
further than by number of shallow shafts,
but there is believed to be every ndica-
ton Ol very large and rich deposit of this
ore. There aIc also ON this uact large
beds OF Ochers and umbcrs of rich shade
and superior quality, capable of being
mined and prepared at a very low cost.
There are also large quantities of pure
white Hint upon the property suitable for
pottcrieS.
SECoND-A tract of about 3, 600 acres of
mountain land lying west of tract No. l
and adjoining the same; this tract is largely
covered with tlmber-Chestnut, Locust,
Poplar, etc
Tracts Nos. and will be offered to-
gether or separately, as may be deemed
best by the undersigned on the day of the
sale.
IHRD-All those lots or parcels of land
situated, lying and being in Frederick
City, frederick County, Maryland, as fol-
lows:
(hl \ large two and one-half story
Brick Dwelling House, now in the Naccu.-
pancy of Henry +. Tyson, Esq, fronting
on Patrick street, in said city. This is a
large and comfortable residence, with u
front OF about 50 feet, and is a desirable
residence upon one Of the main streets of
Frederick City.
Cd A large Frame Warehouse, lately en-
trely repaired and improved, with Corn
house and other Outbmldings situated at
the corner Of Patrick and Carroll streets, in
SAID city, and now in the occupancy of John
+. W. llargett, Esq. part of this lot is
now leased TO the Frederick and Middle
town Railroad Company at rental of 500
per year,
* A Lot on East Patrick street. upon
which is the building known as The Rink;
this property is rented at $100 per year,
with the right Of the lesses to remove the
building.
The house occupied by Mr.. Tyson rents
for about $500 pear year, and warehouse of
Mr. llargett for about $3.50.
All OF this property, except the 5000
acres OF mountain land, is subject to an am,
nuity created by the will of John Kunkel,
late OF Frederick County, deceased, now
filed IN the office OF the Register of Wills
Tor Frederick County, i'll favor of his
daughters, two of whom are now dead, Mrs.
Robinson and Mrs. Hogg
The railroad company also has the right to
remove the buildings erected by it on the Lot
"; and the Lot |, now in the occupancy of
John f. W. Hargett, will be sold subject to
the right of John E. w. Hargett to remove
building us mentioned in lease to said
liargett, recorded in Liber j. l.. j.. No. 1.
folio 81, being one of the Land Records for
Frederick County.
Terms OF Sale as prescribed by the mort,
gage Cash on the day of Sale or the ratif-
cation thereof by the Court A cash de-
post oil ~ per cent of the purchase-money
OF any OF TINS property will be required on
oay OF sale Purchaser to be at all expense
OIL conveyancing,i including Revenue Stamps.
1his property offers a rare chance for
capitalists and investors. With proper
management and capital to operate and de-
Neiop uhe many resources, no better oppor-
tunity can be afforded for profitable in
vestment and business.
The ore and limestone in practically
boundless quantities upon the property and
winch can he placed at the Furnace at very
low cost, together with the close proximity
TO the cities using large quantities of pig
IRON, make it possible with modern an
phances now i'll the Furnace to place iron
from this Furnace in the market at nrices
TO enable 1t to compete with any Furnace in