The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-03-16
Under Which the State
Tax Commission Is Organizing
and the New Mine Tax Law

1915, n regular meeting OF such COM
mission shall be held at such place on
the third Monday In March. or. " then
impossible, as soon thereafter as may
be possible. but IL held In such year
subsequent 10 such date. the members
thereof shall agree upon a date for the
holding thereof and give notice by
publication IN some daily newspaper
published In the city OF Santa Re and
some daily ncwspape published In the
city OF Albuquerque In this state. for a
period OF ten days prior to such meet
ing Special meetings OF said com
mission may be held at said office, or
elsewhere In the state, az they may be
necessary. Three or more commits
sioners shall constitute n quorum for
the transaction OF business NJ all meet
ings. The commission shall adopt such
rules OF procedure. not inconsistent
with law. az may deem proper.
Sec. e. AZ It's nrst regular meeting
held In Inc year 1918. and thereafter
nc ~ regular meeting ON the third
MOndny of November of each year.
said commission hall determine the
actual value Of all property belonging
To- railroads. telegraph. telephone. cN-
press. siecplng-car and transmission
companies within The state OF New
Mexico. which i used la the operation
of their lines. and slinil determine the
actual value of The -harcs of the capt.
tai stock OF an hanks and trust cum
panic@ incorporated under the laws Of
the unltci States Or of this state; and
shall certify Ia the ASSESSORS OF the re-
spectiye counties In which any of the
above mentioned property II situated.
tile actual value of such property In
-uch county. aud to the assessor of the
county In which each of such hanks ar
trust companies H. situate the actual
value of b shares 81 stock Of -uch
bank or trust company. The a~-cssor
shall place tlsc values - certified upon
the as-cs-ntcnt roll Of his county for
the year for which such valuation g. -
made. n the values ~ determined
u ilNcd by the commission shall he
final aud binding upon all taN officials
la the state.
The property OF such companies not
uscd In the operation Of their line shall
bc ASSESSED for the purposes of taxa
ton In the county where situate, by
the Assessor of such county. In the
names ~ nj the same rate n stint
liar property Of other taxpayers Il a.
sc~~cNi.
The commission SIiall also at said
meeting determine aud certify Ia the
n~sr~~orS Of the several counties of the
state the actual value Of cattle. horses.
sheep. goats aud other live stock la
the different sections oT the state. and
sur property sltaIl h. assessed for the
PURPOSES OF taxation at such actual
value.
Sec. 3. Said state tax commission
shall at It's July meeting each year
hear and determine all appeals from
the action Of the county board Of O.
qualizatiun of any county OF this state
by the county assessor or by any
person. either on behalf Of himself or
another.
No formality shall be required for
such appeals. but The reasons therefor
and the description and assessed value
of the property affected thereby, must
be plainly stated on the lace thereof.
u the same must be- prepared aud
sworn to In triplicato 10y the appellant
or his agent. which triplicatc copies
thereof must be delivered to the coun.
~ clerk uf the county from which
such appeal IN taken within ten DAYS
after the rendering Of the decision.
the taking 81 the action. appealed
from. Immediately upon such tripli-
cate copies Of such appeal coming I'M
the possession of such clerk. ne shall
! file one of the same In his office, and