C8	Friday,	January	4.	1980	THE	WASHINGTON	POST
The board of directors of Manor Care Inc. has authorized a 3-for-2 split of the national health care companyÛªs common stock. The split will take place Jan. 30 for shareholders of record Jan. 15.</br></br>Manor Care President J. Calvin Kaylor said the action was taken to Increase the publicly owned outstanding shares of the company which is expected to improve the marketability of the stock. Before the split, Manor Care had 1.49 mil lion shares of its common stock outstanding. with about half of those shares in public hands.</br></br>Manor Care also declared an 8 percent stock dividend and a regular quarterly dividend of 10 cents a share. Both dividends are payable Feb. 27 to stockholders of record Feb. 8.</br></br>The combined effect of the stock split and the 8 percent stock dividend will increase the outstanding</br></br>County Times of Westminster Md., will begin Monday-through-Friday publication on March 3, according to its publisher, Ed Beeler. The newspaper, which now publishes three times a week, has a paid circulation of 17,000. It is owned by Landmark Community Newspapers of Maryland Inc.