South Dakota Amendment 2, Reduce School Lands Purchase Interest Measure (1914)
| South Dakota Amendment 2 | |
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| Election date |
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| Topic Property taxes |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
South Dakota Amendment 2 was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 3, 1914. It was approved.
A "yes" vote supported reducing interest on the purchase of school lands. |
A "no" vote opposed reducing interest on the purchase of school lands. |
Election results
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South Dakota Amendment 2 |
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| Result | Votes | Percentage | ||
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45,554 | 56.48% | ||
| No | 35,102 | 43.52% | ||
Text of measure
Ballot title
The ballot title for Amendment 2 was as follows:
| “ | Section 5. No land shall be sold for less than the appraised value and in no case for less than ten dollars an acre. The purchaser shall pay one-fourth of the purchase price in cash, and the remaining three-fourths as follows: one-fourth in five years, one-fourth in ten years, one-fourth in fifteen years, with interest thereon at the rate of not less than five per centum per annum, payable annually; and all such subdivided lands may be sold for cash; provided further that the purchaser or purchasers shall have the right and option of paying the balance of the purchase price, or any installment thereof at any time. All sales shall be at public auction to the highest bidder, after sixty days advertisement of the same in at least two newspapers of general circulation in the vicinity of the lands to be sold and one at the seat of government. Such lands as shall not have been specially subdivided in the smallest subdivision of hands designated for-sale and not sold within two years after their appraisal shall be re-appraised by the board of appraisal as herein before provided before they are sold. | ” |
Path to the ballot
- See also: Amending the South Dakota Constitution
A simple majority vote is required during one legislative session for the South Dakota State Legislature to place a constitutional amendment on the ballot. That amounts to a minimum of 36 votes in the South Dakota House of Representatives and 18 votes in the South Dakota State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of South Dakota Pierre (capital) |
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