OCR Text |
Show Ii? m boob II Directors Will Meet During j Week and Post One or j I Two Cents. i j SPLENDID ERA IS AHEAD OF COMPANY : Not Included Within Utah's Dividend Pavers Since Pi March of 1902. ! Unless all plans fail, there -will bo another dividend payer added to the , long list to the credit of the fjreat camp of Tintic in the May Day Mining and I Milling company. Since the May Day took over a liberal portion o the Undo Un-do Sam Consolidated possessions some I few months ago, the company has been ' progressing along an unprecedented era Df prosperity, and the inauguration of profit sharing is a. logical conclusion I following the developments at the prop- erty. Little is being said by the management, man-agement, but those who should know whereof they speak are certain that the directors of the May Day will meet vot this week and cut the first melon Vor the benefit of tho stockholders since I March. lf02. Just what tins dividend will call for has not been ascertained, but insiders think it, will be nt. least L cent per Eharo a month, or $8000, while fhoro arc some who predict 3 cents a month, or $llj,U00. In the light of the condition condi-tion of May Day affairs' during the pest, few 3'cars, and in the light of the present quotations on tho stock, the amount of dividend that are to bo shared b' this organisation, if the above j figures tell the talo correctly, will serve I as the biggest kind of an eye-opener to local circles. But the friends of the company are certain that the compan-is compan-is in every way fit to meet the above expectations. 1 I'nder the former regimes, when tho Mav D.iy company was without its present pres-ent widened .boundary lines, there, was distributed to shareholders tho sum of .$20.74J in the form of profits. The in-Hgnificanec in-Hgnificanec of this nmount will be ap- precinted when the directors begin to cheek out. one or two cents a share i, as per schedule, and it is certain that I it is on the thrcshhold of a splendid ' era.uf prosperit- and usefulness. |