Catoctin clarion. [volume] (Mechanicstown, Md.) 1871-1940, 1905-12-21
BANKRUPTCY TRUSTEES
PUBLIC SALE
OF THE VALUABLE
CATOCTIN FURNACE PROPERTY
AND PERSONAL PROPERTY CON-
NECTED THEREWITH IN FREDER.
lex COUNTY, MARYLAND.


Der 9Th, in the year 1905, and in the supple.
mental Order ofsaid Court, passed on the
date December 18th. in the year 1905, IN the
cause wherein Frank Portner, ct al., are the
plaintiffs, and the Blue Mountain Iron and
Steel Company of Baltimore City, cOrpor.
alton, 10 the defendant, and being No. 1898,
Bankrupts, in Bankrupt Docket ~ in said
Constw. the undersigned, Trustees In
Bankruptcy. will offer at public sale, on the
premises, vt the Office building at "Catoctln
Furnace" In Frederick County, Maryland,
on
Monday. February 10, 1906,
beginning at the hour Of - O'Clock, noon, oil
the real estate of which the Blue Mountain
Iron and Steel Co. of Baltimore City, WAS
seized and possessed Al The time Of The fling
of the Petition in Bankruptcy agsints 1t. and
which has come into the possession Of said
trustees.
Said real estate consists of the quantity OF
1O.677 acres OF land,
more or less. situated, lying and being In
Mechauicstown, Lewistowu, Hauvers and
Catoctin Districts in Frederick County,
Maryland, and being al the real estate as dc.
scribed 10 the Deed from Harry P. Gorsuch,
ct al, Receivers, to Ernest Sharp dated Apr.
il 17th, 1899, and recorded in Liber d. H. H.
No. 8, folio Ola. etc, one Of the Land Rec.
ords of Frederick County, Maryland. This
property ia commonly known as the Catoc-
tin Iron Works. was formerly owned by COL
John Baker Kunkel, and is located about IS
miles north from Frederick and about 8
miles south from Thurmont which is on The
Western Maryland Railroad, with which
place 1t is connected by means Of Me Mo.
nocacy Valley Railroad, about miles In
length.
This property Is improved with.
(a) A Coke Furnace with . Former capac.
ity Of about 40 tons per day.
10y A large frame store and ONCE building
(c) A large two story we'll built 16 room
dwelling house, with necessary outbuildings
(d) Carpenter and blacksmith shops, car.
rage, lumber and cornhouses, stables for 80
horses etc.
icy About 90 tenement houses for the use
of The employees about and at the furnace.
There are on these lands, large deposits Of
hematite iron ore which are readily access
iblc, have long been mined, and are believed
TO be practically incxhaustible. The ore is
of excellent quality, in close proximity 10
the furnace, to which it is carried by a Stand
ard Guagc track about one mile in length
from the large oresbanks.
A deposit of magnetic iron ore ofsupposed
great richness has been traced for two miles
upon the property:-Thcse deposits OF mag
netic ore are undeveloped, further than by
number of shallow shafts but there is be-
lieved to be a large deposit Of this ore.
There are also believed to be on these
lands large beds of ochres and umbers Of
rich shades, and Of a superior quality, cspa.
bic of being mined and prepared at very
low cost
There are also large quantities CT pure
white nint upon the property, quarry Of
when Is now open,
Large quantities Of fine Chestnut timber,
with some locust and poplar trees are upon
the greater portion of this large tract Of
land.
About 1000 acres OF this land is subject to
two annuIties of $500 each in favor Of Mary
Catherine Kunkel and Amelia Frances Kun.
keel, under the will of John Kunkel, deceas-
ed.
Many thousands of carloads Of Stag or fur
mace refuse are also on the property, and
which is valuable and easily sold at n good
profit for railroad ballast.
Little Hunting creek runs through the
property, and is believed to be capable Of
furnishing water power OF about 1900
horsepower at the furnace for electrical or
other purposes.
This property will be offered as whole,
and should command the attention of iron
producers and users throughout the country.
1t is valuable property, and can be made to
yield large returns for investment of capital.
A plat of the property can be seen by ap.
plication to the Trustees.
Immediately after the sale Of the real es-
tate, the Trustees will also offer al public
sale. many articles Of personal property on
the premises, includinga
BARNHART IMPROVED, STYLE "a"
YARD STEAM SHOVEL,
made by Marion Steam Shovel Co.. . large
ORE JIG AND WASHER
made BY the McLanahau Stone Machine Co.,
and numerous other articles.
TERMS OF SALE of the Real Estate,
One Third Cash Money at the time OF the
sale, or ratification thereof by the Court, the
residue in two equal annual payments, the
purchaser or purchasers giving his. her or
their promissory notes for the deferred pay
mcnts, bearing interest from the ratification
of the sale, and with surcties approved by
the trustees, or all cash at the option of the
purchaser.
A each deposit, or certified check, In the
sum OF $1,000 will be required from the pur.
ch2ser OF the real estate at the time Of the
sale.
On the personal property, all sums of fifty
dollars and under, cash, and on all sums over
fifty dollars, the purchaser may give his
promissory note, payable six months after
date bearing interest, and with surety
thereon approved by the trustees.
All conveyancing cost at the expenses OF
the purchaser. For further information, in.
quire Of the undersigned,
L. B. KEENE CLAGGETT,
100 Z. Lexington st., Baltimore, Md,
JACOB ROHRBACK,
Frederick, Nd,
CHARLES G. WATERS,
Frederick, Md,