Word: mobilizing
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Dates: during 1980-1989
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...Mobil, in which the Corporation controls approximately $50-million worth of stock, the Corporation abstained on an identical resolution last year...
...proposal, submitted by nine stockholding church groups, maintains that Mobil Oil Southern Africa (MOSA), Mobil's wholly-owned subsidiary, ignores the principles underlying current U.S. Commerce Department regulations prohibiting sales by American corporations to the South African military and police...
Last year's version of the resolution received just over 3-per-cent approval at Mobil's annual meeting, which enabled it to be autornatically reconsidered this year...
...Corporation will draft a letter in June to Mobil's board of directors explaning yesterday's vote, Lawrence F. Stevens '65, secretary to the ACSR and assistant general counsel to the University, said yesterday...
...Mobil has officially opposed the resolution in its proxy statement, mailed to shareholders last month, maintaining that it would not be acting as, a "responsible citizen" in South Africa if it refused to comply with the military and police there. The statement adds, "The great bulk of the work of both the police and military in South Africa is for the benefit of all of its inhabitants...