Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-03-13
A SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY
at Cate ctin Furnace, and
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
aud Villa T. Sharp, his wife. to Harry p.
Gorsuch, George Houck and Charles P. Levy,
Receivers OF the Catoctin Mountain Iron
Company Of Frederick County, appointed In
the cause No. $751; Equity, in tho Circuit
Court for Frederick County, Maryland, in
Equity, which mortgage is dated on the date
April nth in the year 1890, and duly recorded
in Liber D. H H., No. s, 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 J. 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 us.
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. Maryisnd, 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,
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 nth, 1899, and recorded
in Liber d. II. II. No. 8. folios 6l4, ETC., one
o. 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 IL miles from Frederick City and
about 8 miles south of Thurmont, a station
on the Western Maryland Railroad; said
Furnace pr ,perty is connected with tho rail-
road mentioned by railroad known as Mo-
nocacy Valley Railroad. Tho land in this
trait is about 1000 acres, more or less. The
on the property are:
GAY 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 diyested OF machinery.
(c) ALARGE FRAME MILL,
with ample water power, formerly used for
grinding, oxidzing and preparing ochers and
umbers.
(d) A large
FRAME STORE AND OFFICE
BUILDING
(e) A large two story well built and lately
repaired 16.room
DWELLING HOUSE.
with al necessary outbuildings.
U) CARfEN l Eh ~ DLhShOWAAA
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 hematite
ore, which are readily accessible, and are
believed 10 be practically inexhaustible. The
ore IS of excellent quality, In close proximity
TO the Furnace ami Is now in use Mt 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
but there il belieyed TO be every indication
of very large and rich deposit OF this ore