California Proposition 2, Irrigation District Bond Securities Rules Amendment (1912)

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California Proposition 2

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Election date

November 5, 1912

Topic
Banking policy and Bond issue requirements
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment 		Origin

State legislature


California Proposition 2 was on the ballot as a legislatively referred constitutional amendment in California on November 5, 1912. It was approved.

A “yes” vote supported allowing irrigation district bonds to be deposited in banks under the same conditions as state, county, and municipal funds.

A “no” vote opposed allowing irrigation district bonds to be deposited in banks under the same conditions as state, county, and municipal funds.


Election results

California Proposition 2

Result Votes Percentage

Approved Yes

307,199 70.52%
No 128,411 29.48%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 2 was as follows:

“Irrigation District Bonds [Deposit of Moneys Belonging to the State]”

Ballot summary

The ballot summary for this measure was:

“ A resolution to propose to the people of the State of California an amendment to section 16 ½ of article eleven of the constitution, relating to the deposit of moneys belonging to the state, or to any county or municipality within the state.”

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the California Constitution

A two-thirds vote was needed in each chamber of the California State Legislature to refer the constitutional amendment to the ballot for voter consideration.

See also

1912 Measures

California

News and analysis


External links

Footnotes

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