Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1902-04-03
A SSIGNEE MORTGAGEE'S
PUBLIC SALE
OF THE
at CatCctin 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 r. Sharp, his wife, to Harry r.
Gorsuch, George Houck and Charles T. Levy,
Receivers OF the Catoctin 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 on the date
April 17th, in the year 1890. and duly recorded
in Liber d. II. H., No. 6, fhios 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 ]. Morris duly assigned said mort
gage to the Fidelity Mutual Life Insurance
Company on the date January 4th In the
wear 1901, and whereas the said Fidelity
Mutual Life Insurance Company duly as
signed said mortgage unto William T. Rainey
on the date April 10th, in the year 1901, and
all of which said assignments have been duly
recorded at the foot of ard following SAID
mortpage on the said Land Records of Fred
erick County, Maryland the undersigned as
Assignee Mortgage, will offer at pu' lie sale,
at the Cour, House door, in Frederick City,
in Frederick County, Maryland, on
SATURDAY, APRIL 5, 1902,
at 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, 1899, and recorded
in Liper D. H. II. No, 8. folios ga etc, one
of the Land Records of Frederick County,
MARYLAND, and consisting of:
FIRsT.-The property known as
THE CATUCTlN IRON WORKS
and the lands thereto attached, situated on
the Frederick and Emmtsburg turnpike road
at the base of the Catoctin range OF mountains
and about 10 miles from Frederick City and
about miles south of Thurmont, station
on the Western Maryland Railroad; SAID
Furnace pr ,perty is connected with the rail-
road mentioned by a railroad known as MO
nocacy Valley Railroad. Tho land in this
tract is about 1000 acres, more or less. Inc
improvements on the property are
(u) 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 hatwaen 40 and 20 tons.
On CHARCOAL FURNACE,
now dvested of machinery.
n, ALARGE FRAME MILL,
with ample water power, formerly used for
grinding oxidizing and preparing ochers and
umbers.
(d) Aarge
FRAME STORE AND OFFICE
BUILDING
(e, A large two story well built and lately
repaired 16roon
DWELLING HOUSE,
with al. necessary outbnildings>
Nl CARPENTER & BLACKSMITH
SHOPS, CARRIAGE, LUMBER
CORN HOUSE, STABLES
for 30 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 $laO per month rent
The entire property has been repaired and
nut in good shape within the past eighteen
months and possesses NIL the accessories OF
going business in q good condition. There
are on This tract large deposits of hematlte
ore, which are readily accessible, and are
believed 10 be practically inexhaus'ible. The
ore IS of excellent quality, in close proximity
to 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 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 is believed 10 be every indication
of very large and rich deposit of this ore