In such cases the company's directors must declare that their business is solvent and can pay all its debts within 12 months.

In no other way could the director have so plainly declared his independence of the great worm.

"Twingle will be sorry to hear this," declared an elderly director.

The directors declared a total dividend of Rs.

The company refused another ballot and the directors declared that the was nothing to discuss with the union.

"I had the feeling I was back in 'Rashomon' all over again," the director declared.

The directors have declared an interim dividend of 3.6p per share (1989 - 3.3p).

"We who survive can hear with the sharpened ear of the defeated," declared a director who once worked at the Burgtheater.

In December 1865 the bank's directors declared a semi-annual 6% dividend which was exempt from government tax.

When challenged about this location, the director declared, "There is no place that looks more like Virginia than Oregon."