Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1902-01-16
EQUALIZATION BOARD.
Fixes the Assessment Of Railroads
and Other Properties,
AGREED WITH COUNTY OFFICIALS

Inc teTrltOrlaal board OF oQual1za-
ton adjourned yesterday afternoon. 1t
fixed the assessment rate during its
three days session for the railroads.
telegraph and telephone lines in New
Mexico and also met with the county
officials of the territory and agreed
upon certain rates OF assessment. The
board found that there are 1880 miles
Of railroad in New Mexico subject to
taxation. The average assessment per
mile in New Mexico is Sc. $40. This is
much higher han the average railroad
assessment in the United States which
is s5.025 per mile. The valuation for
taxation purposes placed upon rail-
roads is less in Missouri. Wyoming,
Texas and Nebraska than il is in New
Mexico.
According to the recent decision of
the United States supreme court in the
tax cases Of Valencia and Bernalillo
counties against the Atlantic & Pa
ciic. now the Santa Fe Pacific Rail-
road company. only sc miles of the 176
miles in New Mexico of that railroad
are subject to taxation, the mileage
over the public land being exempt from
taxation and only the mileage over pri-
vate land grants which is practically
all in Valencia county being taxable.
The counties of Bernalillo, Valencia
and Mckinley have on that account
entered into an agreement with the
Santa Fe Pacific Railway company to
ask the board of equalization to place
an assessed valuation of $4,000 per
mile upon each of the 17G miles Of the
railroad in New Mexico instead of an
assessment of $1,000 per mile upon
only the taxable portion of the road
in the territory. The board ratified
this agreement, which will distribute
the tax income among the three coun-
ties instead of giving it practically all
to Valencia county. The assessed
value of the grant of the Santa Fe Pa
cifc Railroad company, amounting to
1900 900 acres, was fixed at 25 cents
an acre.
The other assessment rates were
fixed as follows: Pecos Valley G.
Northeastern railway. $4,000 per mile.
side tracks. 81 1000 per mile. New Mex
leo & Arizona railroad, $4,000 per mile;
side tracks, $1,000 per mile. Atchi-
son, Topeka & Santa Fe railway. north
of Albuquerque, $1,000 per mile; south
Of Albuquerque. $1,000 per mile; Rim
con to Deming. and from Rincon to the
lthuS Stdlt llut, fO,NuV per mlit, Sll-
yer City branch, $4,000 per mile:
Whitewater spur, $4,000 per mile; Lake
Valley branch, $4,000 per mile; Socorro
and Magdalena branch, $3.50 per
mile; Lamy branch, $500 per mile;
Blossburg branch, $4,000 per mile; Hot
Springs branch, $4,000 per mile; Ger
rillos Coal railroad. $4,000 per mile;
all side tracks, $1,000 per mile: Cas-.
tannno hotel Of nc Naoog az mn.
depot at Las Vegas, $4,000; superin-
tendent's house at Las Vegas, $4,000;
Depot hotel at Albuquerque, S22, 500.
Colorado & Southern railroad, $1,000
per mile; side tracks. 81. 900 per mile:
Catskill branch, $4,000 per mile. South
ern Pacific railroad, $1,000 per mile:
side tracks, 81 900 per mile. Denver &
Rio Grande railway, $4,000 per mile;
Chama branch, 81, 500 per mile; side
tracks, $500 per mile. Telegraph lines,
s25 per mile for one wire, and IS per
mile for each additional wire. Tele-
phone companies $40 for each tele-
phone instrument up to and including
so instruments, ana So for each addi-
tional telephone instrument. Where
telephone lines extend beyond the cor
porate limits of a town a valuation of
SIS is placed upon eacn mile of line
for one wire and SIS additional per mile
for each additional value.
The board met Tuesday afternoon
with the county officials assembled in
the council room at the capitol and
agreed to sustain at the September
meeting the following assessment
rates: Coal lands within ten miles
or nearer to a railroad. 500 per acre;
over ten miles from a railroad, $40 per
acre, improvements to be assessed sep
arately; merchantable timber lands
within fifteen miles of a railroad IS per
acre, beyond fifteen-mile limit $3.50 per
acre: all grazing lands 81 per acre; ir-
rigable and cultivated lands to be as
sessed according to local conditions,
no land with water rights to be as
sessed at less than S. an acre nor more
than S25 an acre; stock horses IS a
head. saddle horses SIS a head, Ameri-
can horses $40 and over, American
mules $40 and over, Mexican mules
SIS, burros 81. stock cattle Sl1 south OF
the 35th parallel Of latitude, sl2 north
of that parallel. improved dairy and
breeding stock 500 per head, improved
sheep s1.50 per head. Mexican sheep 81
per head, common goats 81 per head,
improved goats SO per head; national
banking stock, undivided profits and
surplus at VI per cent. of par value. All
other property on the basis of 60 per
cent.