The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-03-03

be considered az a part Of the capital
account.
At a meeting In February the state
tax commission from statements. 'or
such other Information as IL can pro-
cure shall determine net value OF
the output Of cach mine during cal-
endar year. and before the nrst lon
day in March certify such valuation
To boards OF county commissioners
Amount OF said valuation shall be
taken and considered and assessed AS
la lieu OF the assessablc value OF the
mineral In such mine. mining claim
or claims, or mineral iapd from
which, or any portion OF winch. such
mineral shall nave been extracted and
also in lieu OF the mineral values in
any M all other contiguous lands
held or owned In the same right by
the person or corporation so taxed
FOR the future extension of such min
ing operations thereto, and such net
value u said mineral "a extracted
shall be taxed at the same rate as
other properties are taxed in tne
county and other subdivision In which
such mine h. situated. and the taxes
levied therein shall hc considered az
taxes upon such mineral values In
said lands.
Net value" of mineral output shall
mean-dimcrence between actual cost
of production. transportation. treat
mcnt, shipment and q g Of sale, In
Guiding coke made from coal, and the
amount realized. if sold, on which
could DE realized at the time OF max
Ing sue report by the sale ot same,
not To be- less, Ia either event. than
the true market value thereof.
The tax commission shall have the
right TO examine accounts.
The tax commission shall prepare
each year a book Co be- called AS
scssmcut Book of the Nct Proceeds
of Mines, to contain ina hnding OF
said commission boo reference 10 each
mine.
Act Hoes not exempt from taxation
improvements
The emergency clause.
House Bill 40. 31t, the Federico
Chavcs bill, provides a tax on gross
production of an classes Of mines
one-half to go 90 common school
fund-as follows:
Eight cents per ton uu coal.
Metals-Onc cent where value Is
owe So and not exceeding $50 per
,on; ~ cents when gross value N
over $50 and not exceeding $50.
An Improvements 'u DE separately
valued FOR taxation.
Yesterdays gr,st of bills In the
house wus Hs follows
House Bill No. So. hy MT Abcyta,
an act authorizing railroads {" con
denim land for spur and Industrial
| sidlugs. Corporations.
House Bill 30. 1903, by MIR. f. Nigil,
an act to amend Chapter 81, laws OF
1919. relating To- county hiBh sch""l
ORGANIZATION. Education.
House Bin No. J6i ny Mr.. Flcm-
ms, in rcgard to the employment "t
teachers la schools who have com
muuicablc diseases. Education.
House BnI No. $50, boy Mr.. Rein
berg, To- amend the laws of the thirty e
sixth legislative assembly, relative Ca
surplus VA county survey funds state
affairs,
House BHl No. 800, by Messrs.
Ryinberg and Gonzales, an act max
ing an appropriation and appointing
q board of control for the celebration
Of completion of the Elephant Butte
pripC'. state affairs.
House Bill No. 500, 10y Mr.. Rein
berg. prohibiting the change oi venue
ln criminal eases ON petition OF the
state. judiciary.
House Bil 40. Sos. by Messrs
Reinbcrg and Gonzales. to provide for
regulation of the sale OF food and
drugs, providing Cor "a state labora-
tory, etc. state affairs.
House RHl No. 800, by MI Davies
tu amend the law relating To- safe oI
tax certificates. Judiciary,
House 1911 80. $40. by MI Mon
toya OF Sandoyal Co amend the csl'aS
law. Live stock.
House Bll No. 37i, by Mr. g Cal
legos. relating To duties Of sherlns ano
providing tor certain deputies state
affairs.
House BlI No. 312, by MI. Romero
! for the collection of occupation tax 10
! cities under the commission form o.
government. state AFFAIRS.
House 1911 No. 313, hy Messrs Con.
zales aud Reinhcrg, amending th'
county road board law OF 1919
| Finance.
House BMu No. ga, by Messrs Sens
i aud Gonzales. to regulate charges Il
| he made By nouring mills for grindini
wheat. Agriculture.
House bin No. $40, by Mr.. Rein