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THE UNIVERSITY DAILY KANSAN
一
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."
Selective divestment is a policy in which investors demand that companies in their investment portfolio that invest in South Africa conform to.
a set of standard theid. If a comform, the investe
Under the poll Association ador panies it invests the Sullivan Prin compliance with I Sept. 9 executive fair and equal o for firms doing Africa.
The Sullivan
Cam after
By Tim Hrench Staff writer
Start writer
After 24 days o test the Kansas Association Associat South Africa, d were taking do front of Youngbh "Saturday, at out of here," Lawrence law s Protesters s break camp af Endowment Ass a policy of sel companies that Africa.
Todd Seym
association press
was made early
publicized beca
matter.
Hemphil sali were tempted to "But after I would be here they would all be old said.
Protesters swa will be a bitters Chris Bunker student and pretee on South Shirled to lea divestment poli "It's not ever for but it's a
Councenroll
By Lori Polson Staff writer
The Universi-
mation yed
students who
schools for aca
in classes with
seminer.
Donald Schei
Procedures and policy would
students to e classification of
"I think so students," he
spaces in the U.
The recommen-
 Faculty Council
will be sent to
Chancellor Gen
Students who do
of 92 do n University
They also are the
lege or the university
The original
Original was to all
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 Reagan's proposals and all 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 interests that hadn't signed the Sullivan Principles, but such circumstances would be unusual.
For about nine years, the Endowment Association, has been under
"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-
Beer sales on Sunday debated
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.
TOPEKA — Call it a boost to the state's liquid 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.
By Abbie Jones
Staff writer
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, racetracks, sporting and special events.
Kansan Magazine
ng states,
be the one who
definitions
social event.
and deter-
to," he said.
could be sold at
or concerts,
diversity most
possibility,
whether you'd
play," he
Reilly, Rman of the State Affairs bill wouldn't was going on
Martin, D. could use an
afford to go to
ndays, Reilly
flow everyone
idege and also
me
g ourselves in with several of a said
inthusiastic to legislation to a designed to "happy days" happy weeks." täbratt taverns selling a beer price less than as buyers durprovision was nt law, which price charged that day. Walker, Riding the Sun could threaten it reached the tomorrow. be about three floor," Walker should on do
ns and clubs
or less than it,
which would
dine draw.
drink as part
d must keep a
DR, p. 5, col. 4
udited an-
university's a mistake a student, and would
found inac- cations. an honest
Thursday, April 10, 1986
lie on their he said. applications subject to
more people work that it
c graduate said,
wem with the
parents had
which was
the load of
d not yet
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