Show MAY P PAY Y I IA I A MONTHLY DIVIDEND 4 4 4 4 4 4 Consolidated Mercur l has been conS ering its Us right to f- f The reorganized in month monthly f a division of the earnings to the shareholders 1 pay installments and the question was vas referred to Attorney f oC oC ol quarterly lie holds that the matter rests with th the board I Prick Irick for Zot settlement C De La jUar abas as the which Capt pt of ot f f ot of directors d. d r J In the organization inserted in the laws by-laws providing fo for quarterly a was provision 4 fore forefront of dividends and the question arose as to o whether ther the payment 4 terly l calling meeting of ot stock stock- without a f new neWs bO board could amend the provision days days' notice requirement wO I which under the forty 4 holders 1 4 s fT contemplated If such were 4 sarI delay a changeS change f A director said today that if the board decided to pay twelve could distribute the earnings earning in 5 yer 1 er r cent 4 it instead of four 4 f a 3 year f 4 lots l T |