Resolution Number: | 1985-D073 |
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Title: | Mandate Divestment in Companies Doing Business in South Africa and Namibia |
Legislative Action Taken: | Concurred As Amended |
Final Text: |
Resolved, That the 68th General Convention in obedience to our call to "fearlessly contend against evil and to make no peace with oppression" and with the desire to demonstrate moral leadership in our society, mandate that the Executive Council divest all holdings in companies doing business in South Africa and Namibia; and be it further
Resolved, That the General Convention urge the Church Pension Fund, all dioceses, parishes and affiliated institutions of the Episcopal Church to examine their portfolios with a view to identifying and divesting any holdings of companies doing business in South Africa and Namibia.
Citation: | General Convention, Journal of the General Convention of...The Episcopal Church, Anaheim, 1985 (New York: General Convention, 1986), p. 200. |
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Legislative History
Author: | |
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Originating House: | House of Deputies |
Originating Committee: | Committee on National and International Problems |
House of Deputies
Original Text of Resolution:
(D073)
Resolved, the House of Bishops concurring, That the 68th General Convention in obedience to the Religion of the Prayer Book and with the desire to demonstrate moral leadership in our society mandate that the Executive Council and the Church Pension Fund divest all holdings in companies doing business in South Africa and Namibia; and be it further
Resolved, That the General Convention urge all dioceses, parishes and affiliated institutions of the Episcopal Church to examine their portfolios with a view to identifying and divesting any holdings of companies doing business in South Africa and Namibia.
Proposed Committee Amendment:
Resolved, the House of Bishops concurring, That the 68th General Convention in obedience to our call to "fearlessly contend against evil and to make no peace with oppression" the Religion of the Prayer Book and with the desire to demonstrate moral leadership in our society, mandate that the Executive Council and the church Pension Fund divest all holdings in companies doing business in South Africa and Namibia; and be it further
Resolved, That the General Convention urge the Church Pension Fund, all dioceses, parishes and affiliated institutions of the Episcopal Church to examine their portfolios with a view to identifying and divesting any holdings of companies doing business in South Africa and Namibia.
Deputy Havemeyer of New York moved a substitute:
Proposed Substitute:
Substitute D039 (Investments and South Africa) for D073.
Substitute resolution defeated
The previous question was called.
Debate terminated.
The vote was taken on D073 as amended by the Committee.
Motion carried
Resolution adopted
(Communicated to the House of Bishops in HD Message #106)
House of Bishops
The following message was received from the House of Deputies:
HD Message #106: D073 Amended (Investment of Church Funds in South Africa and Namibia).
The House concurred
(Communicated to the House of Deputies in HB Message #138)
Resolution Concurred by Both Houses, September 12.
Abstract: | The 68th General Convention mandates that the Executive Council divest all holdings in companies doing business in South Africa and Namibia and urges other Church bodes to do the same. |
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