Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-03-06


BUSINESS 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
and Willia r. Sharp, his wife, to Harry T.
Gorsuch, George Houck and Charles P. Levy,
Receivers of the Catoctin Mountain Iron
Company cf Frederick County, appointed In
the cause No. 1881 Equity, in the Circuit
Court for Frederick County, Maryland, in
EQUITY, which mortgage is dated on the date
April l7,h in the year 1899, and duly recorded
in Liber D. II. H., No. 6, folios A. 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, ard whereas the said Fidell'Y
Mulu,l Lie Insurance Company duly as
signed said mortgage unto William T. Rainey
on the date April 18th, in the year lool' 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
crick 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 5, 1902,
ut the hour Of 10 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, 1885, and recorded
in Liper D. H. II. No. 3. folos Bl4, etc, one
oe the Land Records of Frederick County,
Maryland, and consisting of;
FIRsr.-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 - miles from Frederick City and
about 8 miles south of Thurmont, 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 this
ira is about 1000 acres, more or less. The
improvements on the property are
G0 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.
(M CHARCOAL FURNACE,
now divtsted of machinery.
(n ALARGE FRAME MILL,
with ample water power, formerly used for
grinding oxidizing and preparing ochers and
umbers.
(d) A large
FRAME STORE AND OFFICE
BUILDING
fe) A large two story well built and lately
repaired l6,roo,n
DWELLING HOUSE.
with all necessary outbuildings.
G) CARPENTER & 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 $l20 per month rent
The entire property has been repaired ana
put in good shape within tie past eighteen
months and possesses all the accessories OF a
going business in good condition There
are on This tract large deposits "f hemat'te
ore, which are readily accessible, and are
believed 60 be practically inexhauS'ible' Inc
ore ia of excellent quality in close proximity
| TO the Furnace and is now in use nj Inc
Furnace, the ore mines being furnished with
washers, pumps, etc.
A deposit of magnetic iron ore Oh great
richness has been traced for two miles upon
the property; this deposit is undeve'oped
further than by n number of shallow shafts
but there il believed to he every Indication
OF very large aud rich deposit OF this GRE