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SJR 7, 41st Regular Session
Proposing an amendment providing that the Permanent University Fund shall be invested in bonds of the United States, the State of Texas or Counties of said State.

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 obligations and pledges issued by the Board of Regents of the University of Texas, or secured by such obligations and pledges, for the construction of dormitories and other buildings for the University of Texas, 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: 11/04/1930

Votes for: 364,396
Votes against: 78,606

Articles affected Article 7 : Amends §11   

Note(s)
Marburger, Harold J. Amendments to Texas Constitution of 1876 lists the vote totals as For: 122,351 and Against: 78,606.

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