Oregon Repeal of Rural Credits Loan Fund, Measure 2 (1942)

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The Oregon Repeal of Rural Credits Loan Fund Amendment, also known as Measure 2, was on the November 3, 1942 ballot in Oregon as a legislatively-referred constitutional amendment, where it was approved. The measure repealed the Rural Credits Loan Fund, which provided loans to farmers and others living in rural areas.[1]

Election results

Oregon Measure 2 (1942)
ResultVotesPercentage
Approveda Yes 101,425 53.30%
No88,85746.70%

Election results via: Oregon Blue Book

Text of measure

The language appeared on the ballot as:[1]

Referred to the People by the Legislative Assembly

RURAL CREDITS LOAN FUND REPEAL AMENDMENT - Purpose: Constitutional amendment repealing Article XI-A, Oregon Constitution, which provides for issuance and sale of state bonds, the proceeds therefrom to be known as the “Rural Credits Loan Fund,” to be loaned on farm mortgages; transferring the assets of said rural credits loan fund, after paying outstanding bonds issued pursuant to said Article XI-A, to be irreducible school fund.
Vote YES or NO


302. Yes. I vote for the proposed amendment.

303. No. I vote against the proposed amendment.

[2]

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References

  1. 1.0 1.1 Oregon State Library, "State of Oregon Official Voters' Pamphlet," accessed November 19, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.