new ContextMenuStrip

using System;
using System.Collections.Generic;
using System.Text;
using System.Windows.Forms;

namespace WindowsApplication3
{
class clsLabel : System.Windows.Forms.Label
{
  protected override void  OnMouseDown(System.Windows.Forms.MouseEventArgs e)
  {
   if (e.Button == MouseButtons.Right)
   {
    ContextMenuStrip ctm = new ContextMenuStrip();

    MenuItem itmFont = new MenuItem();
    itmFont.Name = "itmFont";
    itmFont.Text = "Change Font";
    itmFont.Click += new EventHandler(itmFont_Click);

    MenuItem itmColor = new MenuItem();
    itmColor.Text = "Change Color";
    itmColor.Name = "itmColor";
    itmColor.Click += new EventHandler(itmColor_Click);

    ctm.Items.Add("itmFont");
    ctm.Items.Add("itmColor");
    this.ContextMenuStrip = ctm;
   }
  }

  void itmColor_Click(object sender, EventArgs e)
  {
   FontDialog fd = new FontDialog();
   fd.Font = Font;
   if (fd.ShowDialog() == DialogResult.OK)
   {
    Font = fd.Font;
   }
   //throw new Exception("The method or operation is not implemented.");
  }

  void itmFont_Click(object sender, EventArgs e)
  {
   FontDialog fd = new FontDialog();
   fd.Font = Font;
   if (fd.ShowDialog() == DialogResult.OK)
   {
    Font = fd.Font;
   }
   //throw new Exception("The method or operation is not implemented.");
  }
}
}