Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1903-04-29

for the equalization of taxes among the
counties of the Territory of New Mex
leo.
Be it enacted by the Legislative AS
sembly of the Territory Of New MeXi"
co:
Section /. The Territorial Board of
Equalzation, at its annual meeting on
the first day of January. a. d. 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 to and
may use the assessment rolls of said
counties, returned for the year preced-
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.
=.
ial board of equalization may appoint
members of said board to visit any of
the counties in this territory, whose
duty it shall be, when appointed, to
visit the county or counties assigned to
him by the president of said territorial
board of equalization, and within foui
weeks of his appointment and assign
ment, make report to said board OF
equalization at it's office in Santa re,
| New Mexico, showing the value of pro-
perty both real and personal in the
county or counties assigned to him, rs
the same has been determined and as
certained by him. Provided that nc
member of said board shall be appoin"
ted to visit or be assigned the county
in which he has his residence.
Sec. 8. The reports of the said mem
bers of said board of equalization
when returned to and filed with the
| territorial board of equalization ahe
the facts therein contained, may be
used for the purpose of finally ascer-
tanning and determining the value ol
the property subject to taxation Wlthir
the said counties of the territory OF
New Mexico.
Sec. 4. The territorial board of equal
ization may also, by an order, dlrec'
the travelling auditor and bank exam
iner to visit any county within the
territory of New Mexico, whose duty
| it shall be so when directed, to visit
any given county in the territory 10
make thorough and exhaustive eXami-
nation and investigation of said coun-
ty with a view to and for the purpose
of ascertaining and determining the
value of the property, both real and
nersonal. subject to taxation in sucf
county, and shall report the result OF
such examination and investigation tf
the territorial board of equalization
and file the same in the office OF saio
territorial board of equalization, and
the facts therein contained may DE
used for the purpose Of finally ascer-
tanning and determining the value OF
the property, subject to taxation. with
in such county.
Sec. S. The said territorial board ol
eoualization, from the data herelnpe'
fore nrovided for shall finally deter
mine and fix the value of all propert!
both real and personal in every county
in the territory of New Mexico ah'
shall prepare an abstract, alphabetical
ly arranged by counties, showing tn
taxable value Of every county in TN
territory, and certify the same to tn
territorial auditor, whose duty 1t sha
he to file the same in his office.
Sec. 6. The territorial treasurer an
the territorial auditor, shall betwee
the first and third Mondays of Febru
arv Of each wear, commencing with tn
year 1904 determine the amount
revenue directed to be raised by tn
legislative assembly for territoria pun
noses for the ensuing fiscal year, an
whenever the said legislature has nc
directed a. specific sum or amount to D
raised for designated purpose. or fo
the maintenance of a designated terri
torial institution, then it shall be tn
duty of said territorial treasurer an
territorial auditor to ascertain and dc
, termine the product of said levy TAX
ing and assuming for such purpose
that one mill on the dollar levied upo
the taxable property of the territor
will produce twenty EIGHT thousan
dollars ($2S, ,OOO.00). And when sal
amount of revenue. so directed to d
raised, as herein provided has been as
certained and determined, the resu
thereof shall be compiled and reduce
to writing and filed in the office of tn
territorial auditor.
Sec. I. Hereafter the legislative as
, semblies of the territory of New Mex
, co, when providing revenue for terr
, torial purposes shall make fixed an
specific appropriations for the salal
fund, for the different charitable inst
, tutions, for the different education
, institutions. for the different penal il
stitutions, for the purpose of payir
interest on the territorial debt, for II
: maintenance of the capitol, for misce
laneous purposes. for deficiencies in tt