Santa Fe new Mexican. [volume] (Santa Fe, N.M.) 1898-1951, 1904-10-28

MILLS LEVY
For the Payment Of Interest on
the New "Refunding Bonds
of 1904" AnnuHed and
Rescinded.
TWO MILL TAX ORDERED
To Pay the Coupons Of the Present
Outstanding Bonded
Indebtedness.

The following resolutions resembling
the tax levy of II mills on the dollal
on the taxable property of the count!
OF. Santa Fe made by the county com
missioners in September last for tht
purpose of paying the interest coupon!
on the new issue of bonds, the Refund
ing Bonds of 1904" and making a new
tax levy OF two mills on the dollar fol
the purpose of paying interest coupon:
on the county bonds now outstanding
were passed by the county commits
sioners on Friday last and are publish
ed by the New Mexican for the infor
nation and guidance of all taxpayers
and property owners of this county:
Be it resolved by the Board of Coun
ty Commissioners of the County OF
Santa Fe,
Whereas, This Board at its session
as a Board of Equalization and Taxa.
tion, at meeting held on the ninth
day of July, 1904, made levy OF
II mills upon the dollar of taxable
property, as shown by the assessment
rolls of this county for the interest on
"Refunding Bonds Of 1904"
F And, Whereas, The bondholders and
owners of judgments and delinquent
coupons of the county of Santa Fe
have not yet complied with the under
standing which this board has arrang
ed with them through its representa-
tive, and sent for that purpose to the
City of New York, and,
Whereas, The "Refunding Bonds OF
1904" have not yet been issued and ex.
changed between the county of Santa
Fe and the bondholders and owners OF
judgments on delinquent coupons OF
the county in lieu and for the several
issuess of outstanding bonds of the
county issued to and prior to the year
1904, and,
Whereas, There seems to be no like.
lihood that such exchange and refund
ing will take place during the remand.
er of this year, the time being too
short and no information of definite
nature in regard to this refunding and
exchang of the county's bonded and
Judgment debt having been received
from the owners and holders thereof,
and,
Whereas, This board is of the opin-
ioutthat it is impracticable to do so
and to accomplish this exchange before
the first day of January, 1905, and,
Whereas, This board is of the opin.
ion that it would be detrimental to the
best interests of the county and of the
taxpayers and property owners there
of to insist upon the collection of the
II mills tax levy for the reasons above
given.
Therefore, Be 1t Resolved, That the
levy of II mills on the dollar OF tax
able property in the county of Santa
Fe at the time above stated and for
the purpose of paying the interest cou'
pons of the refunding bonds of 1904 be
and, the same is hereby repealed, can
celled and declared null and vcio and
the treasurer and ex-oficio collector o1
tie county and the probate clerk and
ex-oficio, recorder are hereby and
herewith ordered and directed to make
notations in accordance with these res
olutions upon the tax rolls of the coun
ty for the year 1904, and treat the said
levy as above, as null and void and as
Of no effect; the treasurer and ex-offi
clio collector is directed not to demand
from the taxpayers and property own
ers the said taxes above described ant
taxpayers and property owners ars
hereby cautioned not to pay the extrs
levy as above for the current year tt
the treasurer and ex-oficio collector o1
the. county of Santa Fe, even shoule
such official demand the same from
them and call upon them for payment
thereof. 4
Resolved, In order to meet the pay
ment of interest coupons on the pres
ent outstanding bonds of this county, 9
levy of two mills upon the dollar fol
the payment of coupons upon outstand
ing bonds dated 1882, 'S4, 'S5, 80, 81
'92, '97, is hereby levied and made b;
this board and the treasurer and ex
oficio collector and the probate clerl
and ex-officio recorder are hereby ant
herewith instructed to place such lev!
upon the tax rolls of the count.
against the name of each individual
property owner and taxpayer and piec'
Of property as required by law and tt
collect the same in due course of tim'
as prescribed by law, placing the pro
thereof in the fund for the pay
ment of interest coupons of the bond
of the county of Santa Fe.
Be it further resolved, that the pre-
bate clerk and ex-officio recorder Q
this county be and he is hereby in
strpcted and directed TO Send due nc
itice and copies of these resolution