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SINCE 1889
THE UNIVERSITY DAILY KANSAN
STOCK CARDS
FRIDAY, APRIL 11, 1986, VOL. 96, NO. 131 (USPS 650-640)
Clouds
Details page 3
Divestment policy requires companies to follow standards
By Tim Hrenchir Staff writer
The Kansas University Endowment Association is now investigating one company in its investment portfolio that has not complied with the selective divestment policy it adopted early this year, the Endowment Association president said yesterday.
Todd Seymour, the president, said adoption of the policy had been evolving since 1978 but only became official this year.
"This has been in the process for a long, long time," he said.
The policy hadn't been publicized, Seymour said, because it is strictly an internal procedure.
"We sometimes don't realize what people know and what people don't know," he said. "This was one of those things we just assume everybody knows."
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Selective divestment is a policy in which investors demand that companies in their investment portfolio
Under the policy Association adopted panies it invests in the Sullivan Principicomply with Prec Sept. 9 executive 9 fair and equal oppor for firms doing be Africa.
The Sullivan Prit
Camp after
By Tim Hrenchir Staff writer
After 24 days of ctest the Kansas Umeent Association's South Africa, dives were taking down t front of Youngberg "Saturday, at the out of here," Dr Lawrence law stude Protesters said break camp after Endowment Associ a policy of selectic companies that do! Africa.
Todd Seymour Association presider was made early this publicized because it matter.
Hemphill said ; were tempted to sta "But after this would be here until occurred, which would all be old mer said.
Protesters say they will be a bittersweet Chris Bunker, Pr student and presidee tee on South Afriica department policy.
"It's not everyyth for but it's a vi
Council enrollment
By Lori Poison Staff writer
The University mendation yested students who are schools for academ in classes within the semester.
Donald Scheid, e Procedures and Polity would no students to enrol classification of %2 "I think some students," he said spaces in the Univ The recommends Faculty Council. It will be sent to Fa Chancellor Gene A. Students who enition of %2 do not e University or the They also do not halege or high school to the University. The original purpuration was to allow
companies investing in South Africa promote racial reform within their ranks.
Seymour said all but one of the companies the Endowment Association invested in agreed to follow the model, but two signed the Sullivan Principles.
Seymour said he would not release the name of the company that had not complied with either proposal, but he said its stock represented 0.2 percent of Endowment Association earnings.
If a company does not sign either of the two proposals, Seymour said, Endowment Association staff will find out why, then make a decision whether to divest in the company's stock.
Seymour said that in certain situations, the Endowment Association might continue to hold stock in a company with South African investment. He also said that Sullivan Principles, but such circumstances would be unusual.
For about nine years, the Endow-
Beer sales on Sunday debated
By Abbie Jones
Staff writer
TOPEKA — Call it a boost to the state's liquor image — or just its income — but an amendment to legalize Sunday beer sales was revived this year with only two days remaining in the session.
What has been known this session as the happy hour bill was amended yesterday in the Senate Federal and State Affairs Committee. It was amended to allow the sale of beer at all stores licensed to sell 3.2 percent beer, except liquor stores, after 1 p.m. on Sundays.
The bill permits Sunday sales at conventions, concerts, golf courses, marinas, ractetrack, sporting and special events.
John Lamb, director of the Alcoholic Beverage Control, stood outside the committee door and shook his head. He had mixed feelings about the changes, he said.
"On the one hand it increases our work load, but I can sympathize with their concerns." Lamb said. "This is just to try to make Kansas com-
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