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DIVESTMENT -- VILLAGE CASTS OUT FOSSIL FUEL STOCKS

DIVESTMENT — VILLAGE CASTS OUT FOSSIL FUEL STOCKS

VILLAGE CASTS OUT FOSSIL FUEL STOCKS The Freeman’s Journal, Oct. 27, 2016 Editor’s Note: The Cooperstown Village Board unanimously voted Oct. 24, 2016, to divest fossil-fuel stocks in its fire and police department pension funds, setting off a debate between Trustee Lou Allstadt, the retired Mobil executive vice president, and David Russell, a lawyer, banker and former assistant counsel for pensions in the state Comptroller’s Office.  This is the first news report on the issue. By JIM KEVLIN COOPERSTOWN – It…