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Michigan General Banking Measure (1858)

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Michigan General Banking Measure

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Election date

November 2, 1858

Topic
Banking policy
Status

ApprovedApproved

Type
Legislatively referred state statute
Origin

State legislature



Michigan General Banking Measure was on the ballot as a legislatively referred state statute in Michigan on November 2, 1858. It was approved.

A “yes” vote supported establishing a general banking law.

A “no” vote opposed establishing a general banking law.


Election results

Michigan General Banking Measure

Result Votes Percentage

Approved Yes

41,006 67.37%
No 19,865 32.63%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for General Banking Measure was as follows:

A general banking law Yes

A general banking law No


Path to the ballot

A simple majority vote is required during one legislative session for the Michigan State Legislature to place a state statute on the ballot. That amounts to a minimum of 56 votes in the Michigan House of Representatives and 20 votes in the Michigan State Senate, assuming no vacancies. Statutes require the governor's signature to be referred to the ballot.

See also


External links

Footnotes