Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-03-27
A SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY
at Cate ctin Furnace, and
RITSINESS and DWELLING PROPERTY
in Frederick City, in Frederick
County, Maryland.

l.
County, Maryland.
By virtue of the power Of sale contained
in the mortgage executed by Ernest Sharp
and Willia r. Sharp, his wife, to Harry +.
Gorsuch, George Houck and Charles r. Levy,
Receivers OF the Catoctn Mountain Iron
Company of Frederick County, appointed in
the cause No. 6SSl Equity, in the Circuit
Court for Frederick County, Maryland, in
EQUITY, which mortgage is dated on the date
April 17,h, in the year 1899, and duly recorded
In Liber d. II. H. No. 6, folios IA, etc, one
of the Land Records of Frederick County,
MARYLAND and which mortgage has been
duly assigned to Lawrence J. Morris, on
November 9th, 1900, and whereas the said
Lawrence ]. Morris duly assigned said mort
gage to the Fidelity Mutual Life Insurance
Company on the date January 4th in the
wear 1901, and whereas the said Fidelity
Mutual Life Insurance Company duly u.s.
signed said mortgage unto William T. Rainey
on the date April 18th, in the year 1901, and
all of which said assignments have been duly
recorded at the foot of ard following said
mortgage on the said Land Records of Fred
erick County. Maryland, the undersigned as
Assignee Mortgage, will offer at pu' lie sale,
at the Court House door, in Frederick City,
in Frederick County, Maryland, on
SATURDAY, APRIL s, 1902,
at the hour of 12 o'clock, noon.
all the following property mentioned in and
conveyed by said mortgage, and being all the
real estate as described in the deed from
Harry P, Gorsuch, ct al, Receivers, to Ernest
Sharp, dated April 18th, 1899, and recorded
in Liber d. II. II. No. 8. folios 6l4, etc, one
OF the Land Records of Frederick County,
Maryland, and consisting Of:
FIRsT.-The property known as
THE CATOCTIN IRON WORKS
and the lands thereto attached, situated on
the Frederick and Emmitsburg turnpike road
at the base of the Catoctin range OF mountains
and about 10 miles from Frederick City and
about miles south of Thurmont, station
on the Western Maryland Railroad; said
Furnace property is connected with the rail-
road mentioned by railroad known as Mo-
nocacy Valley Railroad. The land in this
trait is about 1000 acres, more or less. The
improvements on the property are:
m) ACOKE FURNACE,
lately put in good condition throughout, and
now engaged IN making iron at the rate OF
about rs tons per day, and with capacity
of between 40 and so tons.
On CHARCOAL FURNACE,
now divested of machinery.
(o LARGE FRAME MILL,
with ample water power formerly used for
grinding ,oxdizing and preparing ochers and
umbers.
(d) large
FRAME STORE AND OFFICE
BUILDING
te) A large two story well built and lately
repaired 16room
DWELLING HOUSE,
with al. necessary outbuidings.
m CARPENTER s. BLACKSMITH
SHOPS, CARRIAGE, LUMBER,
CORN HOUSE, STABLES
for 80 horses, large ice house. etc.
(g) About
IS 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 entire property has been repaired and
put in good shape within the past eighteen
months and possesses all the accessories OF
going business in good condition. There
are on this tract large deposits of hematte
ore, which are readily accessible, and are
believed TO be practically inexhaus'ible. 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 upon
the property; this deposit is undeveloped
further than by number of shallow shafts,
hut there is believed TO be every Indication
of very large and rich deposit OF this ore