TREMONT CORPORATION
8-K, 1999-05-06
PRIMARY SMELTING & REFINING OF NONFERROUS METALS
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                       SECURITIES AND EXCHANGE COMMISSION


                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT


               Pursuant to Section 13 or 15(d) of the Securities
                              Exchange Act of 1934



                                   May 4, 1999


               (Date of Report, date of earliest event reported)



                             TREMONT CORPORATION

             (Exact name of Registrant as specified in its charter)



                  Delaware                1-10126             76-0262791

               (State or other          (Commission         (IRS Employer
                jurisdiction of          File Number)        Identification
<PAGE>          incorporation)                               Number)



            1999 Broadway, Suite 4300, Denver, CO             80202

           (Address of principal executive offices)         (Zip Code)



                               (303) 296-5600

              (Registrant's telephone number, including area code)


                               Not Applicable

             (Former name or address, if changed since last report)

Item 5:   Other Events

     On May 4, 1999, the Registrant issued the press release attached hereto as
Exhibit 99.1, which is incorporated herein by reference.  The press release
relates to an announcement by Registrant regarding Registrant declaring
dividend.



Item 7:   Financial Statements, Pro Forma Financial Information and Exhibits

     (c)  Exhibits


<PAGE>

Item            Exhibit List
No.


          99.1           Press release dated May 4, 1999 issued by Registrant.
                           

<PAGE>

                                   SIGNATURES


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                              TREMONT CORPORATION
                              (Registrant)




                              By: /s/ Joan H. Prusse
                                     Joan H. Prusse
                                     Assistant General Counsel




Date: May 4, 1999









<PAGE>



                                                                    Exhibit 99.1
                                 PRESS RELEASE



FOR IMMEDIATE RELEASE              CONTACT:

Tremont Corporation                J. Thomas Montgomery, Jr.
1999 Broadway, Suite 4300          Vice President-Controller & Treasurer
Denver, Colorado  80202            303-296-5652

                           TREMONT DECLARES DIVIDEND

     DENVER, COLORADO . . . May 4, 1999 . . . Tremont Corporation (NYSE: TRE)
announced today that its board of directors, at the board's annual meeting,
declared a regular quarterly dividend of seven cents ($0.07) per share of common
stock, payable on June 30, 1999 to stockholders of record as of the close of
business on June 15, 1999.

     In addition, Tremont announced that at the annual meeting of stockholders,
Tremont stockholders reelected Susan E. Alderton, Richard J. Boushka, J. Landis
Martin, Glenn R. Simmons, Harold C. Simmons, General Thomas P. Stafford and Avy
H. Stein as directors.

     Tremont Corporation, headquartered in Denver, Colorado, is principally a
holding company with operations in the titanium metals business, conducted
through Titanium Metals Corporation, the titanium dioxide business, conducted
through NL Industries, Inc., and real estate development, conducted through
Victory Valley Land Company, L.P.



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