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California Proposition 15, Procedures for Banks When Issuing Bonds (1914)

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Proposition 15 appeared on the ballot in California in 1914 as an initiated constitutional amendment. Its goal was to authorize banks in which public funds are deposited to furnish, as security, bonds of districts within municipalities or of a corporation qualified to act as sole surety in value.

It was defeated at the polls.

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This California-related article is a stub. You can help people learn about California politics by expanding it.

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