Word: acsr
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...asked that Harvard sell its stock in the company and make a public statement about it; Stanley S. Surrey, Smith Professor of Law and the ACSR's chairman, said the ACSR would try to consider the matter after the proxy season...
...ACSR came down hard last week against the first of a second class of shareholder resolutions, one calling on G.E. to stop influencing politics in this country. "Most of the ways of influencing were illegal anyway," Martin J. Auerbach '73, an undergraduate member of the committee, explained, "and we didn't have any evidence that G.E. was using them...
...Vietnam war profiteers. This year Clergy and Laity Concerned is sponsoring resolutions calling on G.E. and Exxon to report to their shareholders on their involvement in military projects in Southeast Asia and to establish committees "to provide for an orderly transition from military to civilian-oriented production." The ACSR came out against the G.E. resolution last week, not so much because it likes the company's military contracting, Auerbach said, as because most of the information G.E. hasn't already released is classified anyway...
...shareholder in LEAR SIEGLER (150,000 shares) is sponsoring an antiwar resolution, but the New American Movement is interested in the company anyway. At an open ACSR hearing a few weeks ago, NAM members raised the issue of Lear Siegler's training pilots and supplying equipment to South Vietnam, citing Boston Globe reports of skyrocketing numbers of American civilians in the country as evidence that such corporate involvement not only helped kill people but also risked a recommitment of American troops...
...recent great mining disasters have occurred. Because Conoco filed its resolution late, the Securities Exchange Commission does not force it to include the resolution in management's proxy solicitations, so the Campaign is soliciting on its own. It's unlikely that Harvard will support this resolution, since the ACSR, for example, considers solicitations from non-management groups, if at all, only after its other business--in all probability, after Conoco's annual meeting...