Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1897-09-22
THE BOARD OF EQUALIZATION
sidered at the Recent Meet
ing in Santa Fe.

In the matter OF the appeal {
Strousse & Bacharach, of San Migut
county, after due consideration, tn
raise made by the board Of count
commissioners OF San Miguel count,
was sustained.
In the matter OF the appeal of til,
Singer manufacturing company Of Sal
Miguel county, to said board, afte'
careful reviewing Of the papers anc
data presented to said board, the raise
made by the board of county commits.
sioners OF San Miguel county was sus.
tanned.
In the matter of the appeal OF the
Las Vegas savings bank of Las Vegas,
San Miguel county, New Mexico, from
the assessment of 1897, as fl sed by the
county commissioners: IL Is ordered
that the Valuations of the capital stock
and surplus of said bank be aad the
same is hereby fixed at 60 per cent. by
this board, less the value of any real
estate or other property in which the
capital or surplus of said bank is in.
gssted On which taxes are separately
assessed and paid 10 this Territory.
In the matter of the appeal of the
San Miguel national bank OF Las We
gas, N. NJ , from the assessment for
1897, as fixed by the county commits
sioners of San Miguel county: 1t is
ordered that the valuation OF the cap
ital stock and surplus of said bank be,
and the same hereby is fixed at 60 per
cent. of the capital stock OF SAID bank,
less the value of any real estate or
other property In which the ca 1itai or
surplus of SAID bank is invested or
which taxes are separately assessed
81 d paid in this Territory.
10 the matter OF the appeal OF the
FIRST national bank of Las Vegas, N.
M from the assessment for 1897. as
fixed by the county com missioners of
San Miguel county: 1t is ordered that
the v ,luation Of the capital stock and
surplus Of said bank be, and the same
hereby is fixed at go per cent. OF the
capital stock of said bank, less the
value of any real estate or other prop
eIty IN which the capital or surplus Of
said hank is invested on which taxes
are separately assessed and paid in this
Territory.
The board concluded its work about
4 O'clock Monday afternoon and ad-
journed until the sec md Monday IN
next january Its last act was the
adoption OF the following preamble
ard resolution:
WHEREAS, The assessment rolls OF the
differtn counties show great inequality
and lack Of uniformity In the value assess
ed upon the same classes of property in
the different counties in the Territory;
and,
WHEREAS. 1t is the custom in most of
tb9states for the various assessors TO meet
together annually for the purpose OF agree
Ing upon a fair and uniform basis OF as
SINE On said prop rty, which course
this board believes to be a most wise and
equitable one;
Noy, therefore, For the purpose of
attaining as nearly as possible uniformity
In such assessmens throughout the Terri
tory and avoiding the expense, annoyance
and delay of appeals to this board from
as es ments not uniform in the direrent
counties. on she same classes OF propsrty,
this heard urgently urges the diferent
county assessors of New Mexico to ASSEM-
biz at Santa Fe and meet with this board
at ite regular session in January next for
the purpose Of consultation upon such
matters and arriving at a uuiform rate or
assessment as nearly as may be OF the
same classes OF property in the different
counties.