Secretary of State No.
Water and Power: Initiative measure adding Article XIVa to Constitution. Creates board appointed by governor and subject to recall, chairman receiving fifteen thousand dollars annually, other members twenty dollars per day when acting. Authorizes issuance of bonds not exceeding $500,000,000. Empowers board to develop and distribute water and electric energy (giving state and political subdivisions preferential rights thereto), do anything convenient therefor, fix rates to meet cost thereof and retire bonds in fifty years, use state waters and lands, and require reservation of water from appropriation and, when necessary in board's opinion, public lands from sale.
Water And Power California Initiative 1922-w-1 (1922).