Contents: PURPOSE OF SOLICITATION • Introduction • Portuguese Colonialism • The Fight for Independence • IMPLICATION FOR EXXON OF INVESTMENT IN ANGOLA • The Image of the Company • CONCLUSION • Miscellaneous • APPENDIX A • The proxy statement will be presented at the Exxon Corporation (Exxon) annual shareholders' meeting on May 17, 1973 by the Department of Education and Social Concern of the Unitarian Universalist Association of Churches and Fellowships in North America (UUA), owner of 6,000 shares of Exxon Corporation. The resolution calls upon Exxon Corporation to establish a broad-based committee to examine the implications for both the company and for Angola of its proposed new investment in this Portuguese colony, investigate specific questions, and then make a public report to the Board within six months of the 1973 stockholders' meeting. UUA has filed this resolution as a participant in the Church Project on U.S. Investments in Southern Africa - 1973, which will assist in soliciting proxies. Other Church Project members are the Committee on Social Responsibility in Investments, the Domestic and Foreign Missionary Society of the Protestant Episcopal Church in the U.S.A., the United Church Board for Homeland Ministries, the United Church Board for World Ministries, the United Church Foundation, the Pension Boards, United Church of Christ, the Board of Christian Education of the United Presbyterian Church in the U.S.A., the Southern Africa Task Force of the UPUSA, the Commission on Ecumenical Mission and Relations of the UPUSA, the Board of National Missions of the UPUSA, the United Methodist Church, the Women's Division of the Board of Global Ministries, the American Baptist Board of Education and Publication, the American Baptist Home Mission Societies, the National Council of Churches of Christ in the U.S.A. (NCC), and Episcopal Churchmen for South Africa. The proxy statement also mentions Congressman Charles Diggs, the House Subcommittee on Africa, Esso Exploration, Inc., the Portuguese government, Guinea-Bissau, the African Party for the Independence of Guinea and Cape Verde (PAIGC), the Mozambique Liberation Front (FRELJMO), the People's Movement for the Liberation of Angola (MPLA), the UN Fourth Committee, Marcelino dos Santos, Dr. Amilcar Cabral, the Organization of African Unity (OAU), the World Council of Churches (WCC), Dr. Agostinho Neto, Gulf Oil Corporation, William R. Cotter, the African American Institute, oil and mineral wealth, the United Nations General Assembly, and the Gulf Boycott Coalition of Dayton, Ohio.
Used by permission of the Interfaith Center on Corporate Responsibility.
Collection: Lynne Weikart collection, Michigan State University Libraries Special Collections