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SJR 26, 42nd R.S.
Proposing an amendment striking out the provision authorizing the Permanent University Fund to be invested in bonds or obligations and pledges issued by the Board of Regents of the University.

Proposition For the amendment to the State Constitution providing that the Permanent University Fund shall be invested in bonds of the United States, the State of Texas, or counties of said State, or in School Bonds of municipalities, or in bonds of any city of this State, or in bonds issued under and by virtue of the Federal Farm Loan Act approved by the President of the United States, July 17, 1916, and amendments thereto.

Outcome: Adopted

Election date: 11/08/1932

Votes for: 365,325
Votes against: 135,709

Articles affected Article 7 : Amends §11   

Note(s)
Marburger, Harold J. Amendments to Texas Constitution of 1876 lists the vote totals as For: 364,396 and Against: 135,709.


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