The mailing says the Interfaith Center on Corporate Responsibility, (which coordinates work of Roman Catholic orders and Protestant denominations) recently announced the latest round of resolutions filed with corporations doing business in southern Africa. The mailing says this year the following corporations received resolutions from the churches calling upon them to cease expansion and withdraw from South Africa; they are General Motors; Ford; General Electric; Goodyear; Texaco and Standard Oil of California (joint owners of Caltex in South Africa). Union Carbide; Kennecott and Phelps Dodge are being asked not to expand operations. The mailing says in addition the following banks received...
The mailing says the Interfaith Center on Corporate Responsibility, (which coordinates work of Roman Catholic orders and Protestant denominations) recently announced the latest round of resolutions filed with corporations doing business in southern Africa. The mailing says this year the following corporations received resolutions from the churches calling upon them to cease expansion and withdraw from South Africa; they are General Motors; Ford; General Electric; Goodyear; Texaco and Standard Oil of California (joint owners of Caltex in South Africa). Union Carbide; Kennecott and Phelps Dodge are being asked not to expand operations. The mailing says in addition the following banks received resolutions requesting them to terminate loans to South Africa: Citicorp; Continental Illinois; First Chicago; Manufacturers Hanover Trust; and Morgan Guaranty Trust. The mailing asks people to check shareholdings by their college, union, church or other stockholding organization, to press for a positive vote on these resolutions, send letters to the corporations, and attend the annual meetings to speak out on the issues. The mailing discusses Kennecott, Mobil Oil, Newmont Mining, AMAX, Phelps Dodge, The Southern Company, Standard Oil of California, Total, Union Carbide, Tsumeb, Rhodesia, oil, coal, Olin, and guns.
