Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1903-04-29
POWERS OF
THE BOARD OF
EQUALIZATION
They Are Greatly Enlarged BY the New Act OF
the Thirty.Fifth Legislative Assembly.
THF RESULT WILL BE BENE-
F!CIAL TO THE PEOPLE

territorial revenues and for any other
purposes for whlc. a territorial appro-
priation has been made.
Sec. s. The territorial auditor shall
between the first and second Mondays
of April Of each year, commencing with
the year A. D. 1904, apportion the
amount of revenue directed to be rails
cd, by the legislative assemblies. among
the different counties of the territory In
the ratio and proportion which the
taxable value of each county, bears to
| the taxable value of the entire terri
| tory of New Mexico, ana said auditor
shall by an order, a copy of which shall
remain in his office on file, direct the
! board of county commissioners of ev-
| cry county in the territory of New
Mexico, to levy n tax upon all taxable
property, in their respective counties,
sufficient to raise the amount of rev.
enue required by said order to be by
that county raised and shall fix a min
imum levy for each county for such
purpose The said auditor in appor-
tionng the amount of revenue. to be
raised by the different counties of the
territory, shall refer to and use the
data supplied to and furnished him, by
the territorial board of equalization, in
the abstract provided for in Section
of this act, and shall refer to, and use
| no other data, in making said appor-
| tionment.
Sec. 9. The boards of county commits
| soners of the several counties of the
| territory of New Mexico, shall annual
| ly commencing with the year A. d,
1904, at the time they make levies and
assess taxes for general county and
other purposes, make levy upon al.
| the property subject to taxation in
| their respective counties. sufficient to
! raise the amount of revenue which
they We're respectively directed by the
territorial auditor to raise, and when
the same has been collected, it shall be
paid into the territorial treasury, a.,
now provided by law The several
making evies for the purpose afore-
said shall allow fifteen per cent for
| delinquencies in and costs of collection
of taxes. and whenever it has been
| customary in any of the counties OF
| this territory, that the delinquencies
| in the collection of taxes, has been
greater than fifteen per cent, then such
| greater amount shall be allowed. III at
| any time there is a surplus of revenue
raised for territorial purposes in any or
| the counties of this territory, such
| surplus shall remain i'm said fund and
| shall not be diverted therefrom and
| the following year such surplus shall
| be deducted by said board of commis-
sioners of the county, producing such
surplus, from the sum to be raised for
territorial purposes. If any county OF
the territory shall default in the rals-
ing of the revenue. or any part thereon,
directed to be raised by the territorial
auditor, and shall remain in default for
a period of 80 days, after the end of the
fiscal year for which it was directed to
| raise such revenue, then it shall be the
duty of the territorial auditor, to at
once cause d new levy to be made, up
on the taxable property of such de-
faulting county, sufficient to make up
the amount of taxes, and such levy
made by the territorial auditor as
herein provided shall be collected ana
paid over to the territorial treasurer as
other taxes are collected and paid ov-
er; provided, that no person who mas
paid his taxes under the first levy
made shall be required to again pay
taxes for territorial purposes for the
fiscal year during which default was
1 made And such county commissioners
are hereby authorized, whenever the
E treasurer may be in default, to employ
f special counsel to appear in behalf of
the county. for the protection OF coun'
ty interests.
Sec. 10. Nothing in this act shall be
construed to in anywise amend or mod
g ;fv Section o635 of the Compiled Laws
of 1897: but the said territorial poaro
of equalization, when 1t. unoer the
provisions of Section 2695 of said Com
piled Laws determines and fixes the
value upon the property belonging 10
: railroads, telegraph. telephone ana
;, sleeping car companies doing business
I IN the territory of New Mexico. shall
determine the value of such property
as the same exists and is found in the
different counties in this territory, and
the value of such property snail DC
: credited TO the county wherein 1t ex-
lists and is found.
Sec. H. This act shall take erect ana
{ he in force from a;sd after its passage.
: Loose leaf ledgers Of the finest quail
= 49,. ,,a made IN under the latest and