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Students at Stanford University occupied the university president's office for seven hours yesterday, protesting the school's investment policies in South Africa.
Members of the Stanford Committee for a Responsible Investment Policy (SCRIP) yesterday said they were opposing the board of trustees decision Tuesday night not to support a shareholder resolution urging that Caltex withdraw from South Africa.
The president of Standard Oil of California, a part-owner of Caltex, is also a member of the Stanford board of trustees, SCRIP members said.
Following a telephone conversation with Richard Lyman, Stanford's president, who was at a New York airport at the time of the sit-in, the 125 demonstrators dispersed.
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