Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-10-09
A SSIGNEE OF MOkTGAGEE'S
AA PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY,
AT
FURNACE, IN FREDER-
lCK COUNTY MARYLAND.

By virtue of the power Of sale contained
in the mortgage executed by Ernest Sharp
and Villa II. Sharp his wife, to Harry p
Gorsuch, George Houck and Charles P. Lee
Wy, receivers of the Catoc:in Mountain Iron
Company of Frederick County, appointed in
the cause No. $751; Equity, in the Circuit
Court for Frederick County, Maryland, In
Equity, which mortgage Is dated April
18th, in the year 1899, and duly record
ed IN Liber d. H. H., No. 6, foios IA,
ETC., one of the Land Records of Fred
erick County. Maryland, and which
mortgage has been duly assigned to Law.
renee 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 4lh. in the year 1901, and whereas
the SAID The Fidelity Mutual Life INSURANCE.
Company duly assigned said mortgage unto
William r. Rainey on the date April 18th,
in the year 1901, and all Of which said as
signments have been duly recorded at the
foot of and following said mortgage on the
said Land Records of Frederick County, Ma.
ryland, the undersigned as assignee mortga-
gee, will offer Mt public sale at the Court
House door, in Frederick City, in Frederick
County, Maryland, on
MONDAY, NOVEMBER 10TH, 1909,
at the hour of 10 o'clock. noon, all the follow.
ing property mentioned and conveyed by
said mortgage, excepting the property in
Frederick City,, and being all the real estate
as described in the deed from Harry p. Cor
such ct al receivers. to Ernest Sharp, dated
April Eth, 1899, and recorded in Libcr d.
II. H., No g. folios 6l4, etc, one Of the Land
Records of Frederick County, Maryland, 10.
Gated at Catoctin Furnaces, in Frederick
County, Maryland; and consisting of
First. the property known as
THE CATOCTIN IRON WORKS,
and the lands thereto attach d, situated, on
the Frederick and Emmi,sbu,e Turnpike
Road, at the base of the Catoctin range of
mountains. and about twelve miles from
Frederick City ard about three miles south
of Thurmont, station on the Western Ma
ryland Railroad said Furnace property is
connected with the railroad mentioned by a
railroad known as The Monocacy Valley
Railroad. The land 10 this tract is about
1000 ACRES,
more or less. The improvements on the
properly are:
(a) A Coke Furnace, now engaged IN max.
ing iron, with capacity ola about 40 ions per
day.
Oh A Charcoal Furnace, uow Invested of
machinery.
(c) \ Large Frame Mil, with ample water
power, formerly used for grinding, oxidizlng
and preparing ochrcs and umbcrs
(GD A Large Frame Store aid Office Build
ing
'e) A large two story well built and lately
repaired 1G-room Dwelling House with all
necessary oulbuildIng.
0) Carpenter and Blacksmith Shops, Car
rage House, Lumber House, Corn House,
Stables for 80 horses, Large Ice House, etc.
(g) About
65 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,
There are on this tract large deposits of
hCnatitc ore, which are readily accessible,
and are believed to be practically ineXhaust
IDLE. The ore is Of excellent quality, in close
proximity to the Furnace, and is now III use
at the Furnace, the ore mines being furnish
cd with washers, pumps, etc.
A deposit If magnetic iron ore of great
richness has been traced for two miles upon
the properly this deposit is undeveopcd
further than by II number Of shallow shafts,
but there is believed to be II very large and
rich deposit of this ore.
There also believed to be on this tract
large beds of ochres and umbcrs Of rich
shades and Ola superior quality, capable OF
being mined and prepared at very low cost.
There are also large quantities of pure white
hih' uP'h NV piOPSi'y cu''opiS IVA Po''S''S'
Second, A tract of about
5000 ACRES OF MOUNTAIN LAND
lying west of Tract No. /, and adjoining the
same ; this tract is largely covered with tim
Der, ches nut, locust, poplar, etc
Tracts Nos aud Will be offered togeth-
er or separately, as may be deemed best by
the undersigned on the day of sale.
All of this property, except the 5000 acres
of mountain land is subject to an annuity
created by the will of John Kunkel, late Of
Frederick County, deceased, now filed in the
Office of the Register of wills for Frederick
County, IN favor Of his daughters, two OF
whom are now dead, Mrs. Robinson and Mrs
lIosg.
Terms of Sale as prescribed by the Mort
gage: Cash on the day of sale or the ratifi'
cation thereof by the Court.
A cash deposit Of 5! 600 will be required
of the purchaser at the time of sale. The pur-
chas cor to re at alI expcnse of cOnycyancnp