Albuquerque daily citizen. [volume] (Albuquerque, N.M.) 1895-1903, 1903-04-30

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
ization may also, by an order, direct
the travelling auditor and bank exam
territory of New Mexico, whose duty
1t shall be so when directed. to Wis
my given county in the territory. t.
make thorough and exhaustive exami..-
alton and investigation of said count
with a view to n for the purpose
of ascertaining and determining the
value Of the property, both real and
personal, subject to taxation in such
county, and shall report the result of
such examination and investigation to
the territorial board Of equalization.
and file the same in the office of said
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, with
in such county.
Sec. 5. The said territorial board Of
| Capitalization rN- Nha lntn harnt,hn-
fore provided for shall finally deter
mine and fix the value of all property
both real and personal in every county
in the territory of New Mexico and
shall prepare an abstract, alphabetical
ly arranged by counties. showing the
taxable value of every county in the
territory, and certify the same to the
territorial auditor, whose duty it shall
be to file the same in his Office.
Sec. 6. The teritorial. treasurer and
the territorial auditor, shall between
the first and third Mondays of Febru-
airy of each year, commencing with the
year 1904, determine the mount Of
revenue directed to be raised by the
legislative assembly for territorial pur-
poses for the ensuing fiscal year, and
whenever the said legislature has not
directed a specific sum or amount to
be raised for a designated purpose, or
for the maintenance of a designated
territorial institution, then it shall be
the duty Of said territorial treasurer
and territorial auditor to ascertain and
determine the product of said levy,
taking and assuming for such purpose,
that one mill on the dollar levied upon
the taxable property of the territory
will produce twenty-eight thousand
dollars SOS, 100000. And when said
amount Of revenue, so directed to be
raised, as herein provided. has been
ascertained and determined. the re-
suit thereof shall be compiled and re-
duced to writing and filed in the office
of the territorial auditor.
Sec. 7. Hereafter the legislative as
! semblies of the territory of New Mexi-
co. when providing revenue for terrific
rial purposes shall make fixed and
specific appropriations for the salary
fund, for the different charitable insti-
t%utions, for the different educational
institutions, for the different penal in
st%itutions, for the purpose of paying
interest on the territorial debt, for the
maintenance of the capitol, for miscel-
laneous purposes, for deficiencies in
the territorial revenues and for any
other purposes for which a territorial
appropriation has been made.
Sec. 8. The territorial auditor shall
between the first and second Mondays
of April of each year, commencing with
the year A. D.. 1904, apportion the
amour of revenue directed to be rails
ed, by the legislative assemblies,
among the different counties Of the
territory in the ratio and proportion
which the taxable value OF each coun.
ty bears [ o the taxable value OF the
entire territory of New Mexico, and
said auditor shall, by an order, a copy
of which shall remain in his office on
file, direct the board OF county com
missioners OF every county in New
Mexico, TO levy a tax upon all taxable
property, in their respective counties,