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The State

September 11, 1986

The Santa Clara County Board of Supervisors voted unanimously to adopt a policy for divesting itself of an estimated $1 billion in holdings in companies doing business in South Africa. County Finance Director William Parsons has argued repeatedly that such a move could cost millions, but board Chairwoman Susanne Wilson said supervisors "cannot stand by without making some sort of protest" against the "monstrous racist system of South Africa." The supervisors directed a committee to draw up a divestiture policy and present it for consideration in November.

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