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Oregon Public Bank, Measure 8 (1936)

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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.”[1]

Election results

Oregon Measure 9 (1936)
ResultVotesPercentage
Defeatedd No250,77775.16%
Yes 82,869 24.84%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

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.
Vote YES or NO


316. Yes. I vote for the proposed law.

317. No. I vote against the proposed law.


See also

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