Eureka weekly sentinel. [volume] (Eureka, Nev.) 1887-1902, 1901-03-30
uEw REVENUE LAW.
gsase Rate Of Taxation Reduced 60
Ef~hty Tents.

The following is the full text OF the
new Revenue Law passed by the last
Legislature IN the closing days Of the
session.
SECTION L. The County Assessors OF
the several counties Of this State shall
meet for q period not exceeding ten days,
in the Office Of the Governor at Carson
City. Nevada, on the FIRST Monday OF
April in the year A. ID. 1901, and on the
second Monday in January OF each and
every succeeding year, and shall, at such
meetings, establish throughout the State a
uniform valuation Of all classes Of property
which, by their character, will permit OF
such uniform valuation; provided, that in
fixing such valuation the location and stu
alton Of such property shall be considered;
and provided further, that nothing herein
shall be so construed rs to impair the right
of the Board Of Equalization OF any county
10 Equalize taxes on all property. the val
uation Of which has not been liked at the
annual meeting of County Assessors as
provided in this section; provided, any
taxpayer under the provisions OF this Act
shall not be deprived of any remedy or
redress in q court Of law relating to the
payment Of taxes.
SEC. 2. At such meetings the Governor
shall be the Chairman, and the Governors
Secretary shall be the Clerk Of said meet
ings; but neither the Governor nor his Sec
Rotary shall have . vote in the proceedings
of said Board. The State Controller shall
supply all information and data concern
ing the finances Of the State as he may
have in his office, either upon his W
motion OF upon request OF the Board.
Eight Assessors shall constitute a quorum
for the transaction Of business and a ma
jority may decide any question before the
meeting; provided, that If, at any meeting
the Assessor Of any county shall, by rea-
son of sickness or other unavoidable cause,
be unable to attend any such meeting,
then, in that event, the Chairman OF the
Board Of County Commissioners OF such
county shall attend such meeting, AND
shall act and vote in the place Of such alb
sent Assessor, with the same force and
effect Is the Assessor might do If present;
and provided further, that if at any meet
ing the Governor or his Secretary shall,
for anv reason, be unable to act rs Chair.
man or Clerk, then. in that event, the As
SCISSORS may select one of their own num-
Der to act as Chairman or Clerk Of that
particular meeting.
SEC. 8. The Chairman shall preside at
all meetings and the Secretary shall keep
. full and correct record of the proceed
ings thereof, in suitable books which shall
be provided for that purpose, and which
shall be kept in the Office of the Governor.
SEQ. 4. Immediately after the adjourn.
ment of the annual meetings provided for
in Section One Of this Act, it shall be the
duty of the Governor to cause to be printed
and forwarded to the Clerks Of Boards of
County Commissioners, and to each of the
revenue officers of the several counties, a
full report of the proceedings of such
meetings, which report shall contain a
schedule Of valuation placed upon the vari-
GUS classes Of property as adopted at said
meeting.
SEC. 5. The valuation fixed at such
annual meetings shall be uniform on all
such property as may be designated, ex-
cept in cases where the valuation is affect
ed by its locality; and the Assessors Of the
several counties Of the State shall fix val
ues on all property not so designated at
said meeting, in the manner now provided
by law.
SEC. 6. An annual ad valorem tax of
eighty cents on each one hundred dollars
of taxable property is hereby levied and
directed to be collected for State purposes
upon all taxable property in this State,
including the net proceeds of mines, except
such property as is by law exempt from
taxation; provided, that such rate Of eighty
cents may be changed as hereinafter pro-
vided. OF the tax hereby levied fi~fty-three
and four one-hundredths cents shall go
into the General Fund of the State; seven
and one-ffths cents shall 60 into the Ter
ritorial Interest Fund; seven and three
ffths cents shall 60 into the State Interest
and Sinking Fund; ninety-six one-hun-
dredths of n cent shall go into the State
University Interest and Sinking Fund;
four cents into the General School Fund;
eight-tenths Of one cent into the University
Interest and Sinking Fund, 1897, No. l.;
of one cent into the Univer-
sity Interest and Sinking Fund, 1897, No.
and five and three-ffths cents into the
University Fund.
SEC. z. In assessing all personal prop
erty, not secured by real estate, prior to
making the final State levy az provided in
this section. the State rate of eighty cents
on each one hundred dollars valuation,
provided in Section Six, shall be collected
and the State proportion shall be for
to the State Treasurer in the first
settlement. Immediately af-
ter the Auditors statement of valuation,