...or being on the lauds of the United States, and all rights and privileges appertaining thereto. 3. A mortgage, deed of trust, contract, or other obligation by which a debt is secured, when land is pledged for the payment and discharge thereof, shall, for the purpose of assessment and...

...such tax or assessment, be null and void." Section 4 of the same article provides that "a mortgage ... by which a debt is secured shall, for the purposes...treated as an interest in the property affected thereby . . . The value of the property affected by such mortgage, . . . less the value of such security, shall...

...view both these intents, the scheme and plan of the constitution seems to be easy of apprehension: "A mortgage, deed of trust, contract, or other obligation...shall, for the purposes of assessment and taxation, he deemed and treated as an interest in the property affected thereby." This declaration is comprehensive;...

...Here, then, is a provision to the effect that, in the case of a debt secured by mortgage, the mortgage shall, for the purposes of assessment and taxation,...treated as an interest in the property affected thereby; and a further provision that the value of the property affected by the mortgage, less the value of...

...legislative interpretation of the first sentence of the constitutional section in question, and reads as follows: "A mortgage, deed of trust, contract, or other obligation by which a debt is secured, when land is pledged for the payment and discharge thereof, shall, for the purpose of assessment and...

...any, is to foreclose his mortgage. We do not think so. The constitution provides that " a mortgaged deed of trust, contract, or other obligation by which a debt is secured, shall, for the purpose of assessment and taxation, be deemed and treated as an interest in the property affected thereby,...

...property, except that owned by a railroad or other qita-ai public corporation, is subject to or affected by a mortgage, deed of trust, contract, or other obligation by which a debt is secured, he must enter in the proper column the value of such security, and deduct the same. In entering assessments...

...power* of the general Government. APPLICATION for writ of certiorwri. Creed Uaymond, for Plaintiff. assessment and taxation, be deemed and treated as an interest in the property affected thereby." "(§ 4, Art. xiii.) With the expediency of this provision the judicial department can not deal. The...

...of article XIII of the constitution, which provides "that no board of equalization shall raise any mortgage, deed of trust, contract, or other obligation by which a debt is secured, money or solvent credits, above its face value," it would have been the duty of the tax-collector to...

...that a mortgage, when land is pledged for the payment and discharge thereof, shall, for the purpose of assessment and taxation, be deemed and treated as an interest in the land so pledged. Upon these provisions the respondent bases an argument which may be thus stated: The...