California Proposition 5, Agricultural Rural Credits Amendment (October 1915)
| California Proposition 5 | |
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| Election date |
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| Topic Agriculture policy and State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
California Proposition 5 was on the ballot as a legislatively referred constitutional amendment in California on October 26, 1915. It was defeated.
A "yes" vote supported amending the state constitution to authorize the legislature to provide a land colonization system and establish a rural credit system to aid agriculture. |
A "no" vote opposed amending the state constitution to authorize the legislature to provide a land colonization system and establish a rural credit system to aid agriculture. |
Election results
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California Proposition 5 |
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| Result | Votes | Percentage | ||
| Yes | 124,247 | 48.43% | ||
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132,320 | 51.57% | ||
Text of measure
Ballot title
The ballot title for Proposition 5 was as follows:
| “ | Rural Credits | ” |
Ballot summary
The ballot summary for this measure was:
| “ | Senate Constitutional Amendment 17 amending section 31 of article I V of constitution. Present section unchanged but clause added authorizing legislature to provide land colonization system, establish rural credits system in aid of agriculture, authorize issuance of bonds secured by first mortgages on farms, declaring same exempt from taxation and acceptable as security for public deposits, provide for state participation in rural credits system by establishing trust fund, authorize trustees thereof to issue bonds guaranteed by state, upon securities thereof, and deal generally in rural credit bonds, Authorizes legislature to effect purposes of section notwithstanding contrary constitutional provisions. | ” |
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
External links
Footnotes
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