Oregon Public Bank, Measure 8 (1936)
The Oregon Public Bank Bill, also known as Measure 7, was on the November 3, 1936 ballot in Oregon as an initiated state statute, where it was defeated. The measure would have created the state owned and operated “Bank of Oregon.”
|Oregon Measure 9 (1936)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
Proposed by Initiative Petition
STATE BANK BILL - Purpose: Creating the state owned and operated "Bank of Oregon" with the governor, secretary of state, state treasurer, attorney general and labor commissioner as board of directors, which shall appoint manager; to do a general banking business; be exclusive state fiscal agent, and depository all moneys of the state, counties, cities, districts, political subdivisions, legal receivers, trustees, administrators, executors and officials; fix its interest rates paid and received; have county agent banks; all deposits guaranteed; may deposit funds in any Oregon bank which gives same security as state depositories; officials so depositing and their sureties exempted from liability for such deposits.
316. Yes. I vote for the proposed law.
317. No. I vote against the proposed law.
- Oregon 1936 ballot measures
- 1936 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1930-1936
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet November 1936