Morning appeal. [volume] (Carson City, Nev.) 1877-1906, 1902-11-20
Constitutional Amendment

VUb1SUlUliOVot tUHCsSau'CNl
Assembly Concurrent Resolution, No
H.. Relative to amending Gcction !
Of Article X Of tire Constitution o. IN.
State Of Nevada: pertaining to t',s
assessment and taxation of patented
mires, and also pertaining u the as
ssssment and taxation OF n1cft.a AGES
and movtgaoed property. Resolved OF
the Assembly, the Senate c5ncurr,..=
That the Constitution OF t. e State ci
Nevada be amended SO as to read as
follows: Amend Section l Article <
of the Constitution of the State Of Ne
vala, SO that the same shall read as
tollows: Section l. The Legislature
shall provide by law for a uniform and
equal rate of assessment and taxa
ton. and shall prescribe such regula
tons as shall secure just valuation
| Tor taxation OF all property, real, po,.
| Sclal and possessOry. except mines
and mining claims. when not patent
ed, the proceeds alone OF which shall
pc assessed and taxed, and when pat
ented. each patented mine shall be
assessed at not less than i've hundred
($500.OO) except when one hundred
(S1OOOO) dollars in labor has t.en'
actually performed on such patented
mine during the year. in addition TO
'1e tax upon the net poceeds; and al
50 excepting such property as nay be
exempted by law for municipal. eG,.
cational. literary, scientific or Cttie'
charitable purposes; aud mortgage.
Seed of trust, contract or other obliga
:inr by which a debt is secured shall
for the purpose Of assessment and tag
eti IN nd tnJ ,,,
interest in the property affected there
by, in case of debts SO secured, the
value Of the property affected by such
mortgage, deed of trust, contract CT
cungatlon, less the value c. such Sc
curitiest shall be assessed and taxed
TO the owner OF the property and ih.'
value of snch security shall be ass
cssed and taxed TO the owner there
OF, in the county, city, CIR Town in
which the property affected thereby is
situated. The tax SO levied she'll be q
len upon the property ana security and
may be paid by either party to such Sc
ciirity; if paid by the owner OF the Sc
curity, the tax so levied upon the prop
erty affected thereby shall became :
: mart Of the debt SO secured; if tn.
ovper of the property shall pay TIL
tax so levied on ouch security it shall
constitute a payment thereon and t:
;, the extent of such payment ful dis
charge thereof, provided that an
agreement between parties to sucl
mortgage. deed of trust contrac
o. other obligation, whereby the det
ror is obligated or required to assum
and pay. or refined, (refund) to til
holder of such security. the taye
,, which shall be assessed and taxed t
the owner thereof. shall be void
CERTIFICATE.
J. State o. Nevada,
: Department Of State. SIS.
l. Eugene Howell, the duly electe,
4, qualified and acting Secretary Of Stat
e hereby certify that the foregoing
\ true and correct copy of AsseI
oily Concurrent Resolution No. IL r
n lative to amending Section . Attic
IL < of the Constitution of the State !,
Nevada pertaining to the assessmel
t. and taxation Of patented mines, al
. also pertaining to the assessment ar
taxation OF mort cages, and mortg Sc
property as the same appears (
file and of record in this Office,
:. And 1 further certify that the sa
Resolution was proposed at the TIVE
,ieth Session of the Nevada State lie
islature in March, 1901, and pass
a. the Assembly of said Legislatu
)r,
ay March II, 1901, and passed the Sc
IN ate of said Legislature March IA. 13(
on as of record in this Office
=, further certify that the above pu
N. LEGATION is made in conformity wi
" section I. Article XVI of the Cons
no tuition of the State of Nevada.
W. IN witness whereof l have hereur
as SET my hand and affixed the Gre
Seal Of State at my Office in Cars
City. Nevada, this 18th day of Jul
4. D. 1902 ECGENE HOWELL.
Seal Secretary Of Sta
=. OF Neva,