South Africa Divestment: Hearing and Markups Before the Subcommittee on Fiscal Affairs and Health of the Committee on the District of Columbia, House of Representatives, Ninety-eighth Congress, Second Session, on H. Con. Res. 216 and H. Res. 372 ... January 31 and February 7, 1984, Issues 4-9U.S. Government Printing Office, 1984 - 520 pages |
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Common terms and phrases
action Africa Investment Act Africa or Namibia American apartheid assets authority banks BAVARIA beneficiaries benefit bill bonds business in South Chairman Chemical Bank City Council Commerce Clause Committee Connecticut Constitution Corp corporations costs Court D.C. Code D.C. Retirement DELLUMS disapproval District of Columbia divestiture divestment economic employees enacted ERISA exclusion FAUNTROY fiduciary financial institutions firms foreign gentleman GRAY Home Rule Act House impact International investment managers investments in South investors issue John Ray legislation LIBRARY OF CONGRESS Massachusetts Mayor ment Michigan million National P.O. Box PARRIS pension funds percent performance portfolio prohibit public funds question Republic of South resolution restrictions Retirement Board Retirement Reform Act risk SCHOTLAND Section securities socially responsible investments South Africa South Africa Investment Standard & Poor statute subcommittee Sullivan Principles supra note supremacy clause testimony tion trust unfunded liability United University Washington York
Popular passages
Page 300 - Every sovereign State is bound to respect the independence of every other sovereign State, and the courts of one country will not sit in judgment on the acts of the government of another done within its own territory.
Page 75 - That the Legislative power of the Territory shall extend to all rightful subjects of legislation not inconsistent with the Constitution and laws of the United States.
Page 295 - Where the statute regulates evenhandedly to effectuate a legitimate local public interest, and its effects on interstate commerce are only incidental, it will be upheld unless the burden imposed on such commerce is clearly excessive in relation to the putative local benefits. If a legitimate local purpose is found, then the question becomes one of degree. And the extent of the burden that will be tolerated will of course depend on the nature of the local interest involved, and on whether it could...
Page 308 - All that can be required of a trustee to invest, is, that he shall conduct himself faithfully and exercise a sound discretion. He is to observe how men of prudence, discretion and intelligence manage their own affairs, not in regard to speculation, but in regard to the permanent disposition of their funds, considering the probable income, as well as the probable safety of the capital to be invested.
Page 515 - Upon timely application anyone may be permitted to intervene in an action: (1) when a statute of the United States confers a conditional right to intervene; or (2) when an applicant's claim or defense and the main action have a question of law or fact in common.
Page 97 - For local interests the several states of the Union exist, but for national purposes, embracing our relations with foreign nations, we are but one people, one nation, one power.
Page 236 - ... /In the absence of any purpose to create or maintain a monopoly, the act does not restrict the long recognized right of trader or manufacturer engaged in an entirely private business, freely to exercise his own independent discretion as to parties with whom he will deal.
Page 515 - In his absence complete relief cannot be accorded among those already parties, or (2) he claims an Interest relating to the subject of the action and Is so situated that the disposition of the action in his absence may (i) as a practical matter Impair or Impede his ability to protect that Interest...
Page 509 - Longshoremen's and Harbor Workers' Compensation Act," approved March 4, 1927, including all amendments that may hereafter be made thereto, shall apply in respect to the injury or death of an employee of an employer carrying on any employment in the District of Columbia, irrespective of the place where the injury or death occurs; except that in applying such provisions the term "employer" shall be held to mean every person carrying on any employment in the District of Columbia, and the term "employee"...
Page 116 - ... with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims...