Catoctin clarion., 1902-02-27
A SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
CATOCTIN FURNACE PROPERTY
at Cate ctin 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
and Villa r. Sharp, his wife, to Harry +.
Gorsuch, George Houck and Charles +. Levy,
Receivers of the Ca,octin Mountain Iron
Company cf Frederick County, appointed in
the cause No. 6SSl Equity, in the Circuit
Court for Frederick County, Maryland, in
Equity, which mortgage is dated on the date
April l7th,in the year 1899, and duly recorded
in Liber d. H H., No. 6, folios IA, etc, one
of the Land Records of Frederick County,
Maryland, and which mortgage las been
dulv 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
wear 1901, ard whereas the said Fidelity
Muiu,l Life Insurance Company duly as
signed said mortgage unto William 7. Rainey
on the date April l2th, 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
erck County, Maryisnd, the undersigned as
Assignee Mortgage, will offer at pu' he saIe
at the Court House door, in Frederick City,
in Frederick County, Maryland, on
SATURDAY, APRIL 5, 1902,
ut the hour Of l2 o'clock, noon.
all the following property mentioned in ana
conveyed by said mortgage. and being all the
rea, estate AZ described in the deed from
Harry P, Gorsuch, ct al Receivers, to Ernest
Sharp, dated April 17th, 1899, and recorded
in LDer d. II. II. No, 8. folios 6l4, etc, one
oc the Land Records of Frederick County,
Maryland, and consisting of:
FIRsT.-The property known as
THE CATOCTIN IRON WORKS
and the lands thereto attuched, situated on
the Frederick and Emmitsburg turnpike road
at the base ofthe Catoctn range OF mountains
and about u mics from Frederick City and
about 8 miles souh h 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 t ia about 1000 acres, more or less. The
improvements on the property are:
h) A COKE FURNACE,
lately put in good condition throughout, and
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 divested of machinery.
(c) LARGE FRAME MILL,
with ample water power, formerly used for
grinding, ,oxidizing and preparing ochers and
umbers.
(d A large
FRAME STORE AND OFFICE
BUILDING
(e) A large two story well built and lately
repaired 16.roon
DWELLING HOUSE.
with ali necessary outbuildings.
N). 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, 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 a good condition. There
are on this tract large deposits Of hematite
ore, which are readily accessible, and are
believed 60 be practically inexhauslibe. The
ore IS of excellent quality, In close proximity
| to the Furnace and is now in use at The
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 undeveloped
further than by number of shallow shafts
but there is helieyed to be every indication
of very large and rich deposit OF this ore