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 The measure repealed the Rural Credits Loan Fund, which provided loans to farmers and others living in rural areas.[1]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]

This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.

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.


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