Albuquerque weekly citizen. (Albuquerque, N.M.) 1891-19??, 1903-05-02
BOARD OF EQUALIZATION.
BENEFICIAL TO THE PEOPLE.

Council bill No 1877. an act providing
for the equalization Of taxes among
the counties OF the territory OF New
Mexico
Be II enacted by the legislative as
sembly OF the territory of New Mex.
leo:
Section L. The territorial board OF
equalization. at its annual meeting on
the first day Of January. A. ID. 1904.
and once every year thereafter shall
ascertain and determine the value OF
the property. both real and personal
subject to taxation in every county of
the territory Of New Mexico In ascer-
tanning and determining the value OF
such property said territorial board OF
equalization may have recourse 10 and
may use the assessment rolls Of said
counties. returned for the year proceed
ing the holding OF their meeting to-
gether with any other facts and infor.
nation showing the true value OF the
real and personal property OF said
counties.
Sec. 2. The president Of said terrific.
rial board Of equalization may appoint
members OF said board to visit any of
the counties In this territory. whose
duty II shall be, when appointed. To
visit the county or counties assigned
to him by the president OF said terrific
rial board OF equalization, and within
four weeks OF his appointment and as
signment make report TO said board
OF equalization at its ONCE in Santa
Ne, New Mexico. showing the value of
property, both real and personal. in
the county or counties assigned to
him. as the same has been determined
and as ascertained by him. Provided
that no member OF said board shall be
appointed to visit or be assigned the
county in which he has his residence.
See. 3. The reports OF the said mem.
bers OF said board OF equalization.
when returned to and filed with the
territorial board OF equalization, and
the facts therein contained may be
used for the purpose of finally ascer.
tanning and determining the value of
the property subject to taxation within
the said counties OF the territory OF
New Mexico.
Sec. 4. The territorial board OF equal
iEation may also. by an order. direct
the travelling auditor and bank exam
liner to visit any county within the
territory Of New Mexico, whose duty
IL shall be so when directed. to visit
any given county In the territory, "a
make thorough and exhaustive examln'
alton and investigation OF said county
with a view 20 and for the purpose
of ascertaining and determining the
value of the property both real and
personal. subjec; to taxation In such
county, and shall report the result oi
such examination and investigation t.
the territorial board OF equalization
and file the same in the Office of said
territorial board OF equalization. and
the facts therein contained may b,
used for the pun pose of finally ascer
tanning and determining the value Of
the property, subject 10 taxation, with
in such county,
Sec. s. The said territorial board o.
equalization. from the data hereinbe
fore provided for shall finally deter
mine and fix the value OF all propert,
both real and personal in every codnty
In the territory OF New Mexico ant
shall prepare an abstract. alphabetical
iy arranged by counties, showing thu
taxable value OF every county in thu
territory. and certify the same to th'
territorial auditor. whose duty II shall
be to file the same in his Office.
Sec 6. The territorial treasurer an,
the territorial auditor. shall between
the first and third Mondays OF Febru
AIRY OF each year commencing with tn,
year 1904, determine the amount o
revenue directed 10 be raised by tn
Legislative assembly for territorial pun
poses for the ensuing nscal year, an
whenever the said Legislature has no
directed a specific sum or amount t,
be raised for "A designated purpose, o
for the maintenance of designateI
territorial institution. then II shall b.
the duty OF said territorial treasure
and territorial audito" to ascertain an
determine the product Of said levy
taking and assuming for such purpose
that one mill on the dollar levied upol
the taxable property OF the territorl
will produce twenty-eight thousan'
dollars s(2s. 00o.0O). And when SAT-
amount OF revenue. so directed to b.
raised, as herein provided. has beel
ascertained and determined, the re
suit thereof shall be compiled and re
duced 10 writing and filed In the offic