The 1946 New Mexico gubernatorial election took place on November 5, 1946, in order to elect the Governor of New Mexico. Incumbent Democrat John J. Dempsey was term-limited, and could not run for reelection to a third consecutive term. Former lieutenant governor William Duckworth unsuccessfully sought the Republican nomination. Sandoval County voted for a Democratic candidate for the first time since 1916. This was the last gubernatorial election until 1982 in which the Democratic candidate carried Harding County.
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