The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-07-31

Won oA the Gehlc OF NtW MctiCot emu
tied Taxation and Revenue" be and
the same hereby Is amended so as TO
read as follows:
Article VIII.
Taxation and Revenue.
Section 1. Taxes levied upon tang
lble property shall be In proportion
10 tho value thereof, and taxes shall
be equals and uniform upon subjects
OF taxation OF the same class.
Sec. ?. Taxes levied upon real or
personal property for state revenue
shall not exceed four mills annually
on each dollar OF tie assessed vaiua-
ton thereof except for the support
OF the educational penal and oharita-
bic institutions OF the state. payment
OF the state debt and interest there
on; and the total annual tax levy up
on such property for all state pur-
poses exclusive OF necessary lcvics fOI
the state deot shall not exceed ten
mills.
Sec. 3. The property OF the United
States. The state and all counties.
towns n cities and school districts.
and other municipal corporations.
public libraries. community bitches
and all laterais thereof. all church
property, all property used for cdu-
cational or charitable purposes. all
cemeteries not used or held for pri-
vate or corporate profit. and all bonds
OF the state OF New Mexico. and of
the counties, municipalities and dis
I~tricts thereof shall be exempt from
taxation.
Sec. g. Any public officer making
any profit out OF public monies or
using the same for any purpose not
authorized by law, shall be deemed
guilty OF a felony. and snail be pun
lshed as provided by law and
shall 90 disqualified to hold pub
lie office. All public monies not
Invested in interest bearing Sc
curi,ies shall be deposited in national
banks In this state or In BANKS or
trust companies incorporated under
the laws of the state and the interest
derived therefrom shall be applied in
the manner prescribed by law.
Soc. 8. Tho legislature may exempt
from taxation property Of each head
of "a family to tho amount OF two
hundred dollars.
Sec. 6. Lands held In large tracts
shall not be assessed for ~axation at
any lower value per acre then Uhanl
lands OF the same character or quail
lily M similarly situated. held In
smaller tracts. The blowing Of land
shall not be considered as adding
value thereto for the purpose of tax
alton.
Sec. 7. No execution shall issue
upon any Judgment rendered AGAINST
the board OF county commissioners
OF any county. or against any incor-
porated city. town or village. school
district or board of education, or
Rgalns any officer Of any county. in
~corpoTated city. town or village.
school district or board of education.
upon any judgment recovered against
him In his official capacity and for
which the county. Incorporated city.
town or village. school district or
board OF education. Is liable. but tho
same shall be paid out OF the pro-
ceeds OF a tax levy as other liabil-
tiles OF counties. Incorporated cities,
towns or villages. school districts or
boards OF education. and when so coll
Iiected shall be paid by the county
treasurer to tho Judgment creditor.
Proposing an amendment OF Ct5)
section two OF article ten OF the
constitution OF the state OF New
Mexico. Cs. sub. 8. J. II. No. 10;
filed March 10. 1870;
BE Il Resolved by the legislature OF
the State Of New Mexico:
That Section Two OF Article Ten
OF the Constitution OF the State OF
New Mexico be amended 20 as 10
read as follows:
Article Y.
Section 2. All county officers
shall be elected for a term Of two
years, and after having served two
: consecutive terms, shall be ineligible
10 hold any county office for two
? years thereafter.
Proposing an amendment OF (tol
. section one, OF article five, OF the
constitution OF the state OF New Mex
leo. s. J.. n. No. 10; filed March ~
: i9Ia:
E BE Il Resolved by tho I~segislature OF
the state OF New Mexico;
That Section one Of Article Five Of
! the Constitution OF the State of Nov
= Mexico. be amended 30 as TO read o.
follows;
Article Y.
Section I. The executive depart
q ment shall consis OF a governor
a lieutenant governor, secretary o
state. state auditor, 6tate treasurer