Word: sargeants
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Last year's move to divest at the Law Review failed to pass the board of trustees by a vote of three to three. Vorenberg and Graduate Treasurer Ernest J. Sargeant '40, both of whom sit on the board of trustees, changed their positions against divestiture to break the deadlock this year...
Both Vorenberg and Sargeant, who has final control of the fund, said that overwhelming support for divestiture among the Law Review staff led them to reverse their stand...
...things made me change my mind," said Vorenberg. "First, after two years of petitions it was clear that this was not a passing fad. Second, Mr. Sargeant flatly advised us that the Law Review could divest without any financial loss...
...Both Sargeant and Vorenberg said that last year they felt the Review should follow the same investment policy as the University. But support among the three classes at the Law School represented in the petitions led Vorenberg to believe that "the student editors of the Law Review are its working constituency. Their views should be considered with great weight...
...last year's vote, the two student members of the board and Professor Richard Parker voted to divest, while Vorenberg, Sargeant and Professor William D. Andrews opposed divestiture...