Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-03-20
A SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY
at Cate clin Furnace, and
RITSINESS and DWELLING PROPERTY
in Frederick City, in Frederick
County, Maryland.

By virtue of the power Of sale contained
in the mortgage executed by Ernest Sharp
aud Villa r. Sharp, his wife, to Harry +.
Gorsuch, George Houck and Charles P. Levy,
Receivers of the Catoctin Mountain Iron
Company of Frederick County, appointed in
the cause No. 6Ss1 Equity, in the Circuit
Court for Frederick County, Maryland, in
Equity, which mortgage is dated on the date
April 17h,in the year 1899, and duly recorded
in Liber D. II H., No. 6, foos IA, etc, one
OF the Land Records of Frederick County,
MARYLAND, and which mortgage has been
duly assigned to Lawrence j. motifs, 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
year 1901, and whereas the said Fidelity
Mutual Life Insurance Company duly rs.
signed said mortgage unto William T. Rainey
on the date April 12th, in the year l9ol, ana
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 public sale,
at the Court House door, in Frederick City,
in Frederick County, Maryland, on
SATURDAY, APRIL 5, 1902,
at the hour Of ~ O'Clock, noon.
all the following property mentioned in and
conveyed by SAID mortgage, and being all 'he
real estate as described in the deed from
Harry P, Gorsuch, ct al, Receivers, to Ernest
Sh,rp, dated April 18th, 1899, and recorded
in Liber D. II. II. No. 3, folios GA, 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 ofthe Catoctin range OF mountains
and about 10 miles from Frederick City and
about miles south Of Thurmont, a station
on the Western Maryland Railroad; SAID
Furnace pr ,perty is connected with the rail-
road mentioned by railroad known as MO-
nocacy Valley Railroad. The land in thls
ira It is about 1000 acres, more or less. Inc
improvements on the property are:
G) ACOKE FURNACE,
lately put in good condition throughout, ana
now engaged IN making iron at the rate OF
about 25 tons per day, and with capacity
of between 40 and so tons.
M CHARCOAL FURNACE,
now Invested of machinery.
G) ALARGE FRAME MILL,
with ample water power, formerly used for
grinding oxdzns and preparing ochers and
umhers.
(d) A large
FRAME STORE AND OFFICE
BUILDING
tc) A large two story well built and lately
repaired 16,roon
DWELLING HOUSE,
with al, necessary outbu'Idings'
~ CARPENTER g. BLACKSMITH
SHOPS, CARRIAGE, LUMBER,
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, aud which are capable OF yielding
about 1920 per month rent
The entire property has hcc@ repaired ana
put in good shape within tic past eighteen
months and possesses all The accessories OF a
going business in good condition. There
are ON this tract large deposits of hematite
ore. which are readily accessible, and are
believed 10 be practically inexhaus'ible. The
ore IS of excellent quality, in close proximity
| tn the Furnace and is now in use at inc
Furnace, the ore mines being furnished with
washers, pumps, etc
A deposit of magnetic iron ore o. great
richness has been traced for two miles upon
the property; this deposit is undevelopeo
further than by number of shallow shafts
Int there is believed 10 be every indication
of very large and rich deposit OF this ore