North Dakota School Funds Referendum (1920)
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The North Dakota School Funds Referendum was on the November 2, 1920 ballot in North Dakota as a legislatively referred constitutional amendment, where it was approved.[1] The measure stipulated that the permanent school fund and other educational funds would only be invested in bonds of school corporations or of counties, town ships or municipalities with in the state. Other investment options would include state bonds issued for the construction of drains, United States bonds, State of North Dakota bonds or on first mortgages on farm lands.[2]
Election results
North Dakota Referendum (November 1920) | ||||
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Result | Votes | Percentage | ||
![]() | 124,331 | 68.75% | ||
No | 56,526 | 31.25% |
Election results via: Legislative Manual, Official vote of North Dakota, 1920
Text of measure
The constitutional language can be read here.
Summary
The measure stipulated that the permanent school fund and other educational funds would only be invested in bonds of school corporations or of counties, town ships or municipalities with in the state. Other investment options would include state bonds issued for the construction of drains, United States bonds, State of North Dakota bonds or on first mortgages on farm lands.[2]
See also
- North Dakota 1920 ballot measures
- 1920 ballot measures
- List of North Dakota ballot measures
- History of Initiative & Referendum in North Dakota
External links
Footnotes
This historical ballot measure article requires that the text of the measure be added to the page. |
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