Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-10-23
A SSIGNEE OF MOKTGAGEES
PUBLIC SALE
OF THE
CATOCrIN FURNACE PROPERTY,
AT
CATOCTIN FURNACE, IN FREDER-
lex COUNTY MARYLAND.


BY virtue of the power of sale contained
in the mortgage executed by Ernest Sharp
and Villa T. Shalp, his wife, to Harry P.
Gorsuch, George Houck and Charles P. Le-
Wy, receivers, of the Catoc:in Mountain Iron
Company of Frederick County, appointed in
the cause No. 1881 Equity, in the Circuit
Court for Frederick County, Maryland, In
Equity, which mortgage is dated April
17th, in the year 1890, and duly record
ed IN Liber d. H. H.. No. 8, folios 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 4tb, in the year 1901, and whereas
the said The Fidelity Mutual Life insurance
Company duly assigned said mortgage unto
William T. Rainey on the date April 18th,
in the year 1901, and all Of which said as
signments have been duly recorded ut 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 at public sale at the Court
House door, in Frederick City, in Frederick
County, Maryland, on
MONDAY, NOVEMBER 10TH. 1902,
at the hour of IL 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 18th, 1899, and recorded in Liber D.
H. H.. No. 3, folios GA, etc, one If 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 Emmitsburg Turnpike
Road, at the base of the Catoctin range of
mountains, and about twelve miles from
Frederick City and about three miles south
of ThurmOnt. station on the Western Ma.
ryland Railroad said Furnace property is
&C injected with the railroad mentioned by q
railroad known as The Monocacy Valley
Railroad. The land in 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 of about 40 tons per
day.
(h) A Charcoal Furnace, now Invested of
! machinery.
icy A Large Frame Mill, with ample water
power, formerly used for grinding, oxidizlng
and preparing ochres and umbers
(d) A Large Frame Store aid Office Build
ing
fe) A large two story well built and lately
repaired 16-room Dwelling House with ali
necessary ou,buildlng.
(f) Carpenter and Blacksmith Shops. Car.
riage House, Lumber House, Corn House
Stables for 80 horses, Large Ice House, etc.
(gJ About
IS TENEMENT HOUSES
for the use of the employees about aud at the
Furnace and which are capable of yielding
about $120 per month rent.
There are ON this tract large deposits OF
henatite ore, which are readily accessible,
and are belieyed to be practically inexhaust,
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 furnish
ed with washers, pumps, etc.
A deposit of magnetic iron ore Of great
richness has been traced for two miles upon
the roper,y this deposit is undevcl'ped
further than by number Of shallow shafts,
but there is believed to be a very large and
rich deposit of this ore.
There also believed to be on this tract
large beds of ochres and umbers of rich
shades and of superior quality, capable of
being mined and prepared at very low cost.
There are also large quantities of pure white
flint upon the property suitable for pott4r
second, A tract of about
5000 ACRES OF MOUNTAIN LAND
lying west of Tract No. /, and adjon ing the
same this tract is largely covered with tim
Der, ches nut, locust, poplar, etc.
Tracts Nos and 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.
HoSg.
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 fl 900 will be required
of the purchaser at the time of SALE The pur.
chaser to be at all expense of conveyancing
WILLIAM T. RAINEY,
Stephen Girard Building,
Philadelphia, Penn,
Assignee Of Mortgage.
JACOB ROHRBACK,
Fredet ick. MARYLAND.