Las Vegas daily optic. [volume] (Las Vegas, N.M.) 1880-1908, 1903-04-15

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with regard to the financial affairs Of
the county as he may deem neces-
| sary for information of the governor.
1t shall also be his duty to consult
with and advise the assessor, probate
clerk, collector and board of county
commissioners with reference to the
method of assessing property and
levying and collecting the territorial
suit with and be advised by the audi
tor of public accounts and solicitor
4 general in regard to the assessment,
levy and collection of taxes for terri
torial and be guided by
them in his directness of the different
county officers.
Section 8. 1t snail be the duty of
the county treasurers anu collectors
to assist the travelling auditor and
bank examiner in his duties as pre-
scribed in section 2, and to allow him
full and free inspection of all records,
books, papers and documents pertain
ing to their respective counties, and
person holding such county office,
who shall obstruct or interfere with
the performance Of such duties or fail
in any manne to assist him in the
refuse to allow him to examine the
books, papers and documents pertain
ing to said Office shall be deemed
guilty of malfeasance in Office and
may be summarily removed therefrom
and fined in any sum not exceeding
five hundred dollars, in the discretion
Of the judge hearing the complaint
! against said officer.
Section 4. 1t shall be the duty OF
/ the travelling auditor and bank ex-
I aminer to supervise the compilation
! of the tax rolls of the several counties
| of the territory, and on or before the
| first day of October each year, pre-
| pare and lay before the board Of equal
| ization, for it's information, a general
\ abstract of the taxable property OF the
| territory, which abstract shall show
| by counties the valuation Of the dill
| ferent classifications of property as
| enumerated in tax schedules returned
by tax payers, average valuation fixed
| for taxation purposes on such differ
ent classifications on property by the
boards of county commissioners, as
| sessed valuation, amount of exem
| tons allowed and net valuation for
| taxation purposes as certified to audi
tor of public together with a
written report containing such other
and further information, as will as
| sist the territorial board OF equaliza
ton in the performance of it's duties
Section 5. 1t shall be the duty OF
the county assessors to assist the
travelling auditor and bank examiner
in his duties as prescribed IN sec
ton A, to compile rolls, and abstract
in manner and form as prescribed and
directed by said travelling auditor and
] bank examiner, and to allow him full
and free inspection of all reports
books, papers and Hocuments, per
tanning to their respective counties
and any person holding such county
office, who shall obstruct or interfere
with the performance of such duties
or fail in any manner to assist him in
the same, as provided in this act, or
| shall refuse to allow him to examine
the books, records, papers and docu-
ments pertaining to said Office shall
be deemed guilty of m-alfeasance in
office, and may be summarily remov
ed therefrom and fined in any sum no
exceeding five hundred dollars, in
the discretion OF the judge hearing
the complaint against said officer.
Section s.. The travelling auditor
and bank examiner shall in like man
ner, and with like authority as here
inbefore set forth, visit, without prior
notice, each of the banking, saving
and other money corporations Great
ed under the laws of the territory
He shall thoroughly examine into
their affairs, and ascertain their fl
nancial condition, at least once each
year. He shall carefully inspect and
verify the validity and amount of the
securities and assets held by such in
| situations. He shall examine into the
validity of mortgages held by savings
banks, and see that the same are duly
| recorded. He shall ascertain the ma
ture and amount of any discounts, or
other banking transactions which he
may deem foreign to the legitimate
and lawful purposes of saving institu-
| tons. He shall inquire into and re-
port any neglect or infringement OF
laws governing banking and money
| and saving Institutions, and for other
purposes shall have power to examine
the officer, servants, agents and EN-
| ployes thereof and persons doing bus
mess Herewith.
Section Z. To enable the travelling
auditor III bank examiner 10 proper
ly perform the services required of
him, the trustees and financial Off
GERS of all banking. moneyed and saw
ings institutions herein referred TO,
shall furnish all reasonable AMI need
ed facilities to said travelling auditor
| and bank examiner.
Section s. Any officer of any bank
ing, moneyed or savings institution, or
other moneyed corporation of thio ter