SHAREHOLDER PROPOSAL 4

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP90-00806R000100030140-2
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 22, 2016
• Document Release Date: December 29, 2010
• Sequence Number: 140
• Content Type: OPEN SOURCE

Sanitized Copy Approved for Release 2010/12/29: CIA-RDP90-00806R000100030140-2
Shareholder Proposal 4:
Andrew W. Duncan, 532 Settlers Landing Road, P.O.
Box 548, Hampton, VA 23669 has submitted the
following proposal:
"Basis for Motion
"Harvard University has adopted 'guidelines to govern
relationships between the Harvard community and the
CIA and other U.S. intelligence agencies' which guide-
lines 'expressly prohibit . . . the use of faculty mem-
bers or administrators as secret recruiters or in-
telligence "operatives".'
"Harvard has 'not extended such restrictions to other
institutions that recruit on [its] campus . . . .
'. . a large number of professors have been arguing
that such guidelines [Harvard's] deprive faculty mem-
bers of their academic freedom, as well as their
constitutional right to associate with whom they
please.' (Chronicle of Higher Education, September 5,
1978, p. 9)
"Four other educational institutions have adopted
guidelines similar to those of Harvard: Columbia, Flor-
ida State University, University of Pennsylvania, and
Syracuse University.
"These guidelines
"I
.. unfairly discriminate against U.S. in-
telligence organizations and are consciously aimed at
inhibiting the freedom of choice and right to privacy of
faculty and staff who may wish to provide individual
assistance to the U.S. Government.' (CIA letter of 24
October 1979)
"MOTION
"RESOLVED, That the shareholders recommend that
our corporation, its subsidiaries, affiliates, and agents
make no contributions to schools which to the knowl-
edge of the President, a Vice President, or the Secre-
tary of our corporation, or its subsidiaries, affiliates and
agents, restricts or attempts to restrict contacts be-
tween any intelligence agency of the United States and
J 1 N I
members of the academic community of such
educational institutions, except for employee matching
gifts."
The supporting statement by the proponent is:
"This motion does not ask you to do anything FOR
your country. It only asks you to vote for withholding
contributions from the few schools which are obstruct-
ing our nation's defense effort, thus providing more for
the numerous schools which are cooperating.
"When you read the company's statement of opposi-
tion, think how this would sound to your child or
grandchild, who looks up to you for your wisdom, your
integrity, your loving concern for his safety.
"The question presented here is a question of con-
science. It involves each individual's concept of his
duty and loyalty to his country. It should be decided by
each individual, not by the corporate conscience.
"Vote your own conscience; VOTE YES."
Your Directors recommend a vote against the
above proposal.
Your Directors believe that it would not be appro-
priate for the Company to withhold contributions from
educational institutions which adopt guidelines with
respect to faculty relationships with United States in-
telligence agencies. Whether association with in-
telligence activities is consistent with the spirit of free
inquiry which is the university's basic mission is a
legitimate and serious question that the universities
themselves should be permitted to examine without
fear of economic sanctions. The Directors therefore
recommend a vote AGAINST this proposal.
Shareholder Proposal 5:
The Interfaith Center on Corporate Responsibility
(ICCR), 475 Riverside Drive, Room 366, New York, NY
10015, coordinated the submission of the following
proposal on behalf of 15 organizations (names and
addresses are available from the Secretary of the
Sanitized Copy Approved for Release 2010/12/29: CIA-RDP90-00806R000100030140-2