Proposition Summary

Initiative act authorizing governor to appoint auditor of investments empowered to employ deputies and fix their compensation, defining investment companies, authorizing examination thereof by auditor and judicial investigation of their practices, defining securities and prohibiting same thereof to public, or taking subscriptions therefor, by such companies before filing with auditor their financial statement and description of security, excepting from act certain companies and individuals, securities thereof and certain installment securities, regulating advertisements and circulars regarding securities, creating fund from official fees for salaries and expenses under act: repeals all laws on subject adopted heretofore or concurrently herewith.

Proposition Number

40

Year

1914

Document Type

Proposition

Pass/Fail

Fail

Popular Vote Results

Y: 249500; A: 41.4; N: 353812; B: 58.6

Election Type

General Election

Proposition Type

Initiative

For Author

W. C. Wallace

Against Author

Lee C. Gates, State Senator Thirty-fourth District

Download

Share

COinS