The citizen. (Frederick City, Md.) 1895-1923, 1902-08-08
NEW ADVERTISEMENTS.
A SSIGNEE OF MORTGAGEE' S
"A PUBLIC SALE
OF THE
FURNACE PROPERTY.
CATOCTIN FURNACE. IN FRED
ERICK COUNTY, MARYLAND.

CATOCTIN FURNACE, IN FRED
ERICK COUNTY, MARYLAND.
BY virtue of the power of sale con-
tanned in the mortgage executed by
Ernest Sharp and 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. 1881 Equity, in the Circuit
Court for Frederick County, Maryland.
in Equity. which mortgage is dated
April 18th. in the year 1899, and duly
recorded in Liber d. IL. H., No 6, foios
II, ETC., one of the Land Records of
Frederick County. Maryland, and which
mortgage has been duly assigned to
Lawrence ]. Morris, on November 27th,
1900, and whereas the said Lawrence !.
Morris duly assigned said mortgage to
The Fidelity Mutual Life Insurance Com
pany on the date January 4th. in the
year 1901, and whereas the said The
Fidelity Mutual Life Insurance Company
duly assigned said mortgage unto Will
liam I. Rainey on the date April 18th,
in the year 1901, and all of which said
assignments have been duly recorded at
the foot of and following said mortgage
on the said Land Records of Frederick
County, Maryland, the undersigned as
assignee mortgage, will offer at public
sale at the Court House door, in Fred
erlck City, in Frederick County, Mary
land. on
WEDNESDAY,, SEPT 10th, 1902,
at the hour of , o clock, noon, all the
following property mentioned and con-
veyed by said mortgage, excepting the
property in Frederick City,, and being
all the real estate as described in the
deed from Harry p Gorsuch ct dL, re-
ceivers, to Ernest Sharp, dated April
18TH 1899, and recorded in Liber d. H.
II. No, 3, folios 6i4, etc. one of the
Land Records of Frederick County.
Maryland, located at Catoctin Furnaces,
in Frederick County, Maryland, and con-
sisting of
First, the property known as
THE CATOCTIN IRON WORKS,
and the lands thereto attached, situated,
on the Frederick and Emmitsburg Turn
pike Road, at the base of the Catoctn
range of mountains, and about twelve
miles from Frederick City and about
three miles south of Thurmont, station
on the Western Maryland Railroad 4;
said Furnace property is connected with
the railroad mentioned by a railroad
known as The Monocacy Valley Rail
road. The land in this tract is about
seven thousand acres, more or less. The
Improvements on the property are
GAY A Coke Furnace, now engaged in
making iron, with capacity OF about 40
to SO tons per day.
(b) A Charcoal Furnace, now Invested
of machinery.
(c) A Large Frame Mill, with ample
water power formerly used for grind
ing, oxidizing and preparing ochres and
umbers,
(d) A Large Frame Store and Office
Building.
(e) A large two-story wellbuilt and
lately repaired I6-room Dwelling House
with all necessary outbuildings.
(f\ Coynantor nj placl.e,Ntth ChANc
/ Carriage, Lumber, Corn House, Stables
for 80 horses, Large Ice House, etc.
(g) About 65 Tenement Houses fol
the use of the employees about and al
the Furnace and which are capable Of
yielding about SI2o per month rent.
There are on this tract large deposits
of hematite ore, which are readily acces
sible, and are believed to be practically
inexhaustble. The ore is of eXcellen
quality, in close proximity to the Furn
ace, and is now in use at the Furnace
the ore mines being furnished with wash
ers, pumps, etc.
A deposit of magnetic iron ore of grea
richness has been traced for two mile
upon the property; this deposit is unde
veloped further than by number o
shallow shafts, but there is believed t
be very large and rich deposit of thi
ore.
There are also believed to be on thi
tract large beds of ochres and umbers o
rich shades and of superior quality
capable OF being mined and prepared
at very low cost. There are also larg
quantities of pure white flint upon tn
property suitable for potteries.
Second. A tract of about
1000 ACRES OF MOUNTAIN LAM
lying west of Tract No. /, and adjoinin
the same; this tract is largely covere
with timber. chestnut, locust. poplar, etc
Tracts Nos. and will be ofere'
together or separately, as may be deeme
best by the undersigned on the day Q
sale.
All of this property, except the 800
acres of mountain land is subject to a
annuity created by the Will of job
Kunkel, late of Frederick County, de
ceased, now filed in the office Of the Reg
lister of Wills for Frederick County, i
favor of his daughters, two OF whom ar