The citizen. (Frederick City, Md.) 1895-1923, 1901-12-13

in the mortgage executed by Ernest Sharp
and Wibia 7. Sharp, his wife. to Harry F.
Gorsuch, George lIoucll and Charles p
Levy Receivers of the Catoctin Mountain
Iron Company of Frederick County APP
pointed in the cause No. 6S~1 Equity, in
the Circuit Court for Frederick County,
Maryland, in Equity, which mortgage is
dated ON the date April 18th, in the year
1899, and duly recorded in Liber d. II. H.,
No. IT, tollOS ii, etc, one of the Land Rec
ords of Frederick County, Maryland, and
which mortgage has been duly assigned to
Lawrence j. Morris. on November 9th
1900, and whereas the said Lawrence J.
Morris duly assigned said mortgage to the
Fidelity Mutual Life Insurance Company
on the date January 4th in the year 1901
and whereas the said The Fidelity Mutual
Life Insurance Company, duly assigned
said mortgage unto William 7. Rainey, on
the date April 18th, in the year 1901, and
all of which said assignments have been
duly recorded at the foot of and following
said mortgage on the said Land Records of
Frederick County, Maryland, the under
signed as Assignee Mortgage, will offer
at public sale, ut the Court House door. in
Frederick City, in Frederick County, Mary
land, on
SATURDAY, DECEMBER IA, 1901,
at the hour of IL o'clock, noon
all the following property mentioned in and
conveyed by said mortgage, namely:
FIRsT.-The property known as
THE CATOCTIN IRON WORKS
and the lands thereto attached, situated on
the Frederick and Emmitshurg turnpike
road. at the base of the Catoctin range of
mountains, and about II miles from Fred
erick City and about miles south of
Thurmont, n station on the Western Mary
land Railroad ; said Furrance property is
connected with the railroad mentioned by
railroad known as Monocacy Valley Rail
road. The land in this tract is about 200
acres, more or less. The improvements on
the property are:
Gay A COKE FURNACE,
lately put in good condition throughout
and now engaged in making iron, at the
rate of about % tons per day, and with a
capacity of between 40 and 80 tons.
o. A CHARCOAL FURNACE,
now Invested of machinery.
(c) A LARGE FRAME MILL,
with ample water power, formerly used for
grinding, oXidizing and preparing ochers
and umbers.
(d) A large
FRAME STORE AND OFFICE BUILD
ING.
(e) large two-story well built and
lately repaired l6-room
DWELLING HOUSE,
with all necessary outbuildngs.
81 CARPENTER AND BLACKSMITH
SHOPS, CARRIAGE, LUMBER, CORN
HOUSE, STABLES
for 30 horses, large ice house, etc.
(g) About
60 TENEMENT HOUSES
for the use of the employees about and at
the Furnace, and which are capable of
yielding about $3.50 per month rent.
The Furnace has lately been put in re-
pair at large expense and is now a going
concern, with all appliances and appoint-
ments for purchaser to Immediately
make iron.
The entire property has been repaired
and put in good shape within the past
eighteen months and possesses all the ac-
cessorles of going business in good con-
dltlon. There are on this tract large de-
posits of hematite ore, which are readily
accessible, and are believed to be practically
ineXhaustible. 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.
A deposit of magnetic iron ore of great
richness has been traced for two miles 1non
the property; this deposit is undeveloned
lurther tnan by number of shallow
shafts, but there is believed to be every in
dlcation OF very large and rich deposit of
TINS ore. There are also believed to he on
tins tract large beds of ochers and umbers
OF rich shade and superior quality can
able OF being mined and prepared at a very
low cost. There are also large quantities If
pure white flint upon the property suitable
for potteries.
ms property offers rare chance for
capitalists and investors. With nroner
management and capital to operate and
develop the many resources no better on
portunity can be afforded for n nroftabla
Investment and business.
SECoND.--A tract of about
5000 ACRES OF MOUNTAIN LAND
lying west OF tract No. and adjoining the