| Show II SILVER SIt VER lUNG KING CUTS DIVIDEND IN HALF S May Distribution Is Reduced to and arid anda arida a Statement CAUGHT EM ALL NAPPING 1 Litigation I at aud Hil titi Acquisition of Addition Addition- hut- It nl I I nt Ci CI Cited tetI l a as c c lot for fo Immediate Action Notwithstanding assurances that camo caine caro through h apparently 0 l' l reliable I channels that thal the time theIa May Ia distribution of The Sl cr King would remain unmolested time the dividend checks which reached the time shareholder during during the time thedR dR day revealed Ie caled that the time axe man had wielded his weapon with wih vicious enCl en- en Cl gy el-gy Y and anti that the normal remittance had been reduced to Just otto one as ashad had been feared by not a few conversant conver conver- cant sant nt with wih the time Influences at nt work work Accompanying Ac Ac- companying ln the dl dividend which was ns marked down from GC 61 Gl 3 2 to 33 3 1 cents cent or 01 from to 0 monthly was vas a statement In which the time shareholder is h. h Informed that litigation Is the tho cause of oC tho time re reduction in his bread blead mone money the time statement reading as us follows Silver SI cr ln 1 King Mining Co Co Park City Utah May Ja 10 I I. I Dear Deal Sir Time The The board of or of or the Sliver Silver Kin King Mining company compan have authorized authorized au au- and Instructed the officers thereof there there- of to reduce the time dividends tl for the present pies pres ent on account of liquidation and the lie put pur- chase or of adjoining territory The dividend divi fur fur- miend will wi l te he c reduced one half one one-hai for nn an In Indefinite to- to 11 definite period or such time timmie as thc they quiet title tte to the time lo 11 In controversy and place sufficient funds In the time treasury for nn aim possible purchase of adjoining that hat might arise rl c cry Very ery ry trub DA DAVID yours OUiS KEITH President President The decision of oC the time to company re reduce re- re IC duce the time dividend does docs not come conme to the time street as os a surprise as ns it I was In Included In- In in iii time the causes to which the woeful woe woe- ful rul loss in the market value of oC the time shares was attributed The hl hope Is that the time reduction in the lie dividend Is but hul temporary and that the management which has been so 80 generous in ha th the 11 distribution of its Is earnings earn earn- in logs ings s will wi timid it I possible to restore e It IL to the lie normal before beCore the time clo close e of the time year eal Time Tho com company compani pal has dealt deal oui out more than A and 11 with wih th the possible wealth of or an empire 01 or of round ground yet to a be ho fathomed the he street will wi refuse to believe hete c that the lie mIsfortune misfortune tune 1 Is 11 h by causes other than those recited reeled In time the statement to the tue shareholder |
