Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1902-07-13
Constitutional Amendment.

Assembly Concurrent Resolution, No.
r.. Relative to- amending Section I
Of Article X Of the Constitution of tn.
State of Nevada; pertaining &c tae
assessment and taxation CT patented
mines, ard also pertairiissc :. 80 ::
sessment and taxation CT n,o,S :es,
and mortgaged property. sissc.> * by
the Assembly, the Senate cofcufriuq:
That the Constitution OF tie safe Of
Nevada be amended SO as ID read as
follows: Amend Section ] Article y
OF the Constitution Of the state Of Ne
vada, so that the same shall read as
| follows: Section L. The Legislature
| shall provide by law for a uniform and
| equal rate OF assessment and taxa
| ten AMI shall prescribe such regilla-
| lions as shall secure q just variation
| Tor taxation or all properly. real, pei
| sonal and possessory, except mines
and mining claims" when net patent
ed, the proceeds alone O. which s:lail
be assessed and taxed, aad when pat
| snted. each patented mine shall De
assessed at not less than i've hundred
tS500.00) except when one hundred
(Sl00 o0) dollars il labor has beer
actually performed on sach patented
nine during the year. in addition to
the tax upon the net pOceeas; and. al
aq Sg1u SIC ilIodoId uons Su! ido3Eo os
| eXen Pied by law Tor municipal, edit
! catiunal, literary. scientific or Cti-e1
charil able purposes; and a mortgage.
deed OF trust. contract or other ObHga-
6 ,ior by which debt is secured shall.
for the purpose Of assessment and tax
alton, be deemed and treated as an
! interest in the property affected there
by, in case OF debts SC secured, the
value Of the property affected by such
E mortgage, deed of trust, contract OF
+. ouligatlon less the value Of such Sc
: curtest shall be assessed AID taxed
a to the owner Of the properly ana The
I value CT such security shall be ass
essed and taxed to the owner there
Of. IN the county, Gig. or town il
Il which the property ai.@@,ed thereby il
|. situated. The tax SO levied shall be ;
lien urcn the property ard security ant
:, may be paid by either party to such sc
+ curity: if paid by the owner Of the Sc
curity the tax SO levied upon the prop
. erty affected thereby shall become
IS part of the debt so secured; ii th
!, owDer of the property shall pay tn
:. tax so levied on such security, 1t sha
n constitute payment thereon and t
et the extent of such payment full dis
charge thereof provided that an
- agreement, between parties to sue
j. mortgage, deed Of trust. contrat
4. or other obligation. whereby the del
ror is obligated or required to assum
4 and pay, or refined, (refund) 10 tn
of holder OF such security, the take
which shall be assessed and taxed /
- tLe owner thereof. shall be void
ne CERTIFICATE.
State Of Nevada,
&c Department Of State. IS.
at l. Eugene Howell. the duly eiecte
qualified and acting Secretary OF sta
~ tlfv that the foregoing is a true ar
a bly, Concurrent Resolution No. II I
T. lattve 10 amending Section Attic
X Of the Constitution OF the State
nd Nevada pertaining TO the assessrle
O. and taxation Of patented MINES, al
also pertaining to the assessment al
H. taxation OF mortgages, and mortgage
its property" as the same appears
,+a hle and Of record IN this Office.
And j further certify that the sa
Resolution was proposed at the TIVE
ef- t:etL Session OF the Nevada State LIE
stature III March, 1901, and pass
the Assembly of said LesislatU
March j., 1901, and passed the s.
AZ" ate Of said Legislature March i, l9
as OF record in this Office.
pa further certify that The above p
"a ication is made in conformity W
- Section /, Article XVI Of the Coni
tuition OF the State Ci Nevada.
-, Ii witness Wnereof | have hereul
~, set nay hand and affixed the VII
-" seal OF State at my once IN lars
aid tt.l, rz,,C.r~NEr HOVER +
~ fsea!} Secretary Of ST.
eoi OF Neva
eer ,.,,s......,....-..-.