South Dakota Prohibition of Monopolies Amendment (1896)
South Dakota Prohibition of Monopolies Amendment | |
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Election date |
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Topic Business regulations |
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Status |
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Type Legislatively referred constitutional amendment |
Origin |
South Dakota Prohibition of Monopolies Amendment was on the ballot as a legislatively referred constitutional amendment in South Dakota on November 3, 1896. It was approved.
A "yes" vote supported prohibiting monopolies and anti-competitive agreements that fix prices, limit production, or regulate transportation to suppress competition. |
A "no" vote opposed prohibiting monopolies and anti-competitive agreements that fix prices, limit production, or regulate transportation to suppress competition. |
Election results
South Dakota Prohibition of Monopolies Amendment |
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Result | Votes | Percentage | ||
36,763 | 80.10% | |||
No | 9,136 | 19.90% |
Text of measure
Ballot title
The ballot title for Prohibition of Monopolies Amendment was as follows:
“ | Article 17 of the constitution to be amended by adding at the end thereof the following: Sec. 20. Monopolies and trusts shall never be allowed in this state and no incorporated company, co-partnership or association of persons in this state shall directly or indirectly combine or make any contract with any incorporated company, foreign or domestic; through their stockholders or the trustees or assigns of such stockholders, or with any co-partnership or association of persons, or in any manner whatever to fix the prices, limit the production or regulate the transportation of any product or commodity so as to prevent competition in such prices, production or transportation or to establish excessive prices therefor. The legislature shall pass laws for the enforcement of this section by adequate penalties na din the case of incorporated companies, if necessary for that purpose may, as a penalty, declare a forfeiture of their franchises. | ” |
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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