Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1902-09-03
Constitutional Amendment.

Assembly Concurrent Resolution, no.
H.. Relative to amending Section I
Of Article X of the Constitution Of tns
state Of Nevada; pertaining to the |
assessment ard taxation OF patented |
mines, and also pertaining - si,s az /
sscsrnent and taxation Of mortgages, |
arc nostgaged property. Resolved by
the Assembly, tine Senate concurring:
That the Constitution OF the State OF
Nevada be amended so as to read as
follows; Amend Section I Article X
OF the Constitution of the State of Ne
vada, so that the same shall read as
follows: Section 1. the Legislature
shall provide by law for a uniform and
equal rate OF assessment and taxa
tion. and shall prescribe such regula-
ions as shall secure just valuation
Tor taxation OF all property, real, per-
soEai and possesSory, except mines
and mining claims. when not patent
ed, tbs proceeds alone of which shall
De assessed and taxed. and when pat
ented, each patented mine shall be
assessed at not less than five hundred
(S500.0O except when one hundred
, ($1OOOO) dollars in labor has beer
! actually performed On such patented
nine during the year, il addition to
! !NC Lux uECu Tic Hs@t DOtttCS, delu,
SO excepting such property as may be
exempted by law for municipal, edit
cational literary. scientific or ottet
charitable purposes; and a mortgage,
deed of trust, contract or other oDliga-
10. by which q debt is secured shall.
eor the purpose O. assessment and tax
alton, be deemed and treated as an
interest in the property affected there
! l. in, Of doh &c. cd n
value Of the property affected by such
mortgage. deed OF trust, contract or
Q. .iestlor less the value c. such Sc
c'Iri,iesl SHAH be assessed and taxed
10 the o. nar OF the property ard the
value OF sucIl security s.la.. be ass
essed anl taxed 20 tho owner there
OF, iE he County, city, or Town in
which the properly affected thereby is
situated. The tax So levied shall be a
lien upon Tie properly ndSecurity land
nay be ;,a;,! Is either party to such Sc
i. curity; if paid by the owner OF the Sc
curity. the tax SO levied upon tie prep
erty affected thereby shall become 9
!; part Of the debt SO secured; If the
owDsr of the property shall pay the
tax so levied on such security, it shall
!, constitute q payment thereon and tt
I the extent Of such payment a full dis
charge thereof, provided that an!
agreement, between parties to sucl
mortgage deed of trust, cOntrac
or other obligation, whereby the deb
tor is obligated or required to assum,
and pay, or refined, (refuEd) to thu
holder of such security the taxe
which shall be assessed and taxed t.
; the owner thereof. shall be void.
e CERTIFICATE.
State of Nevada,
E Department Of State. SIS.
I | l, Eugene Howell, the duly elected
qualified and acting Secretary Of Stat
, 1ity that the foregoing is a true an
4 bly, Concurrent Resolution No. II re
/. ! latiye to amending Section Articl
=. X of the Constitution OF the State G
q Nevada pertaining to the aSsessmen
y and taxation OF patented mines, an
also pertaining to the asse ssment an
y taxation of mortgages, and mortgage
s propeNy." as the same appears @
hls and of record in this Office.
And i further certify that the sal
Resolution was proposed at the TIVE
f. tieih Session of the Nevada State LIE
islature in March, 1901, and passe
me Assembly of said Legislatul
March Il, 1901, and passed the Sc
- ale OF said Legislature March IA, $50
!, as Of record in this Office.
H. further certify that the above p'l
= LEGATION is made in conformity wi
2. Section l, Article XVI Of the Cons
tuition OF the State OF Nevada.
n in witness whereof l have hereun
~ set my hand and affixed the Gre
~ Seal OF State at my once in Cars,
", City. Nevada, this 18th day of JuT
III 4. D. 1862. ECGENE HOWELL,
~ tseaD Secretary Of Sta
ol of Neva(
en-