Cornell Will Vote Against ITT Corp. In Proxy Dispute

Cornell University is voting its stock proxies against the management of three major corporations, the executive committee of the Cornell Board of Trustees announced Wednesday.

At the same time, the board announced it would vote with corporate managements against nine other "social-responsibility" resolutions.

The trustees favored resolutins that would require ITT Corporation, Mobil Oil Corporation and Eastman Kodak Company to disclose all contributions made to political candidates.

I addition, they supported a move to have Mobil enact a resolution which would require Mobil to begin equal-job-opprotunity programin all foreign countries, including the Republic of South Africa, to augment those it now runs in the United States.

Among the measures that the Trustees voted against was one that would require IBM Corporation to disclose its operations in South Agrica.