Show TO PAY 1 After Seven Years Old Producer Reenters the Ranks of Dividend Payers MONTEZUMA SHOWS WELL fELL CHAN CHANGE I IN N BOTTOM OF St VER KING KliNG CON SHAFT After a rest ot or about seven years the Champion corn com pay operating the Bu property at steps into the ranks of the payers again The directors met esterday mornin and posted divIdend of lOc a share for tor pay payment ment July 2 to shareholders of record on the books or of the comp ny at t the dose of busine s on Friday next the th h The lant dividend was paid by the Bul company in iS 9 and since that time lime the mine has bas had a exper lence nce but up to now the mana management ement has bas ot f ZIt Jt justified in ordering a distribution ton tion of money among the stockholders though there have been times undoubtedly edly when It might have done so 80 The mine would be looking well at one time and at others not nearly so well and ad It t was to guard against being beng when hen the bad spells were on that no at attempt tempt tem t was made to pay dividends through the long period For the two years or more the corn com company pany tins has been working a number of lens leas leasers ers in different portions oY of the mine and at the same time has been prospecting new territory on its own account Re Results suits have been little short of ial The re of old levels lev b leaa l rs has lead to the discovery of new ore lodies beyond what was popularly be in the palmy days of the John Beck administration to have been the f the ore zone and these thesa disclosures cou coupled pled pIed with a close study or of conditions by b General Manager P T Farnsworth and engineers has bas resulted In making makins a practically new mine or of the property The treasury of the company Is now in ina ina a healthy condition al ard d the ore reserves in the mine are such that it is promised that hat the present dividend will be fol foll l w d bY b others Whether they will come or quarterly Is a matter that has rot not yet been ed or decided upon bit there is no question but what the shareholders s are to enjoy another periOd pence of f great The company has bas hasLOW LOW paid a total of over Mk |