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HJR 1, 22nd R.S.

Provides that the governor shall issue his proclamation ordering an election by the qualified voters of this State to determine whether or not the legal rate of interest in this State shall exceed six per cent.

Proposition For the amendment to section 11, article16, of the State Constitution, to reduce the rate of interest.

Outcome: Adopted

Election date: 08/11/1891

Votes for: 58,797
Votes against: 18,320

Articles affected Article 16 : Amends §11

Note(s)
See House Journal p. 30.

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