The citizen. (Frederick City, Md.) 1895-1923, 1901-11-08
NEW ADVERTISEMENTS.
4 SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY.
at Cate ,,ir Furnac? and
BUSINESS AND DWELLING PROPER1 /
in Frederick City, in Frederick
County, Maryland.

BY Nirtde of the power of sale contained
III the NOR, gage executed by Ernest SharI
and Nlba I. Shatp his wife, to Harry p
Go'such, George Houck and Charlie, p
Lev, Receivers OF the Ca,octin Mountain
iron Compl1v Of Frederick County. an.
! hnted IN the cause No. 6SSl Equity. in
tine Cuciit C)uI1 for Frederick County.
Maryland in Equity, wlich mortgage is
da,-d ON The date April 18th, in the year
lS99, and duly recorded in Liher d. II. H..
NO. Is, toloS /, Ct, one of the Land Rec
ords OF Frederick Codnty, MARYLAND. and
which mortgage has beel duly assigned to
Lawrence j. Morris on November 21th
l9OU, and whereas the said Lawrence J
Morris duly assigned aid mortgage to the
fldellty Mutual Lite Insurance Company
on the date January lth in the year 1901,
and whereas the : id The Fidelity Mutual
Life Insurance Company. duly assigned
said mortgage unto William 4. P.iney. on
the date April 18th, III the year 1901. and
all OF which said assignments have been
duly record, ut the foot of and following
sad mortgage on the said Land Records ol
Frederick County, Maryland, the under
signed as Assignee Mo tgagoe, will offer
at public sale at the Court House door, in
frederick City, in Frederick County. Mary
land, on
SATURDAY, DECEMBER II, 1901,
at the hour OF y O'Clock, noon.
all the following properly mentioned in and
conveyed by I'D tiSs e namely
FIRsr.-lhe property known as
THE CATOCTIN IRON WORKS
and the lands thereto attached. situated on
the Frederick and diminishing turnpike
road, at the base Of the Catoctin range OF
mountains, and about II miles from Fred
erck city and about 3 miles south OF
Ihurmont Il station on the Western Mary
land Railroad said Furnance property is
connected with the railroad mentioned by
railroad known as Monocacy Valley Rail
roa /. The land in this tract is about :. 900
acres, more or less. The improvements ON
the property are:
lal 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 30 tons.
(bl A CHARCOAL FURNACE.
now diyc,ted OF machinery
lei A LARGE FRAME MILL,
with ample water power, formerly uscl 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 outbuildinei.
(f) CARPENTER AND BLACKSMITH
SHOPS, CARRIAGE, LUMBER, CORN
HOUSE, STABLES
for 30 horses large ice house, ete.
60 About
50 TENEMENT HOUSES
for the use of the employees about and at
the Furnace, 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 a going
concern, with all appliances and appoint
ments for a purchaser to Immediately
make iron.
The entire property has been repaired
and put in good slape within the past
eighteen months and 30 sesses all the ac-
cessories Of going business in a good con-
dition. There are on this tract large de-
posts Of hehlatite ore, which are re~dily
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 " .shers.
pumps, etc.
a deposit of magnetic iron ore Of great
richness has beel traced for two miles upon
the property; this deposit is undeyeloped
further than by a number of shallow
STATS but there is believed to. be every in
dication Of very large and rich deposit of
this ore. There are also believed TO be on
tins tract large beds Of ochers and umbers
Of rich shade and a superior quality. cap
able Of being mined and prepared at verv
low cost, There are also large quantities of