Albuquerque evening herald. [volume] (Albuquerque, New Mexico) 1911-1914, 1913-03-18
DANeER NtnrYp.


The actlon - Governor Mcdonald
yesterday afternoon IN aHixing hls
signature to the crampton taxatiou
law b. one ~ sasi mporianc. a. IN
people ~ New Mexico u 81 had ac-
complirhed nothing elise. the enact
fneHi of this single law, u b. said.
would justify al the expense and tuf-
eaOH &C ihe sr--ion 1T vhc legislature
sun closed.
rhe year spened with Nvw MsSicu' =
taxation system ia a hsd ,nnTie. The
constitution and esistlng law dcelared
that property should he n-resssd fvi
taxaiion pggppsss az It's fuli value,
but The boards 20 county commits
sloners showed ~ disposition and
were IN fact without power 60 carry
the Law into eject on the other
hand the state board of equalization.
after Thoroughly cansasslng the situ-
alton announced ~ intention 81 as
sessing properiy over which Il had
iurlsdiciioa viz the property ~ raii-
roudr tel.lshone lines exptess com
panies public ntlit, corporations.
hsnks. and hAu 10 other mbiects
Of taxnfion az g. fuil value
The corprfaupns protested. rhey
were willing that their property
should BIZ assessed equally with an
other property whatever IA. l4isis
but they were not wniing 90 pay on
rall value when other subjects 81 tax
atiqn a. many cares paid on valua-
tion az low 40 one-siSih OF the true
value. Representatives IS railroads
and pthcr corporations appeared be-
fore the board % equalization and
made their position clear The con-
-tiintion provided that az subjects ofl
taxation De- assesscd equally ana "a"
corporations were determined o. gol
into court and protect themselves
against Discrimination The board
81 equalization was lsoWeflsss under
the lnw e. rscede from iui position.
costly litigation Was threatened. dur
ina the pen1cncl 81 which the stlit.
and the varions rorntles would bc
without the revenue usually derived
from the taxes 90 corporuiions
Thls was The situation when seua
Tor Cramptoo introduced his bin inI
the senate. The e1sasur, gives mll
powers 90 the hoard 90 equalization
and .hr various boards 81 county
commissioners GO ascertain thr true
value 81 an property within their Tee
spcctive Jurisdictions IN, boards
may summon Witnesses compel them
e. testif' under oath and do 100
things nreessury 90 thr carrying out
the purposes ~ the act when the
troe value 80 tine properly is -p asocr-
tanned the board having Jurisdiction
over d ~ Required 90 ASSESS 30 fur
purposes ~ taxaiipn ~ one-third of
is real value. hasis. which though
FAR from what IL should se. b. sea q
lone step IN the right direction
Following thu euactmen, 81 th,
CHAMPION law ihe Legislature adopted
resolution Submitting Geo 60, people
an amendment to the taxat.pn art.cir.
of the state CONSTRUCTION. thr ratincs-
ton 30 which D. i- hoped Ail 'nablr
the next stale l,pisistsrs to pui th"
taxation system ~ New M.Xiso on a
plane equal fD thau OF aut state r
the onion tndrr this Amendment BE-
Wiii hc possible tp s,grc4at' objects
of uaxation f"r tho suupoIt uI th,
state aion, and thus d" auut with
me fatal defcoi oi tho present ssr,"uU
which makes "a 90 object hr e'cfl
county Go br.p down les ,pmuiluu r
order thot % NAV mot 1" raiird Hruu
no bear an uuaue proportion "' tn'
burden cog supporting tar state gov
crnmsut