...examine it on the merits. Section 4 of article 13 of the constitution provides that "a mortgage * * * by which a debt is secured shall, for the purposes...treated as an interest in the property affected thereby. Except as to railroad and other quasi public corporations, in case of debts so secured, the value of...

...any, is to foreclose his mortgage. We do not think so. The constitution provides that "a mortgage, 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,...

...insert, in lieu thereof, the following: "Provided 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." Adopted. Senate Bill No. 15, as amended, ordered...

...line forty-two, page three, printed bill, and insert, in lieu thereof, the following: "A mortgage, deed of trust, contract, or other obligation, by which a debt is secured, must be assessed at its actual cash value." CALL OF THE HOTlSE. Mr. Wallace moved a call of the House....

...property contained in said roll; provided, 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. The present State Board of Equalization shall continue...

...think, appears from the provision of the constitution itself. Section 4, art. 13, reads: "A mortgage, deed of trust, contract, or other obligation by which...treated as an interest in the property affected thereby. Except as to railroad and other quasi public corporations, in case of debts so scoured, the value of...

...than one county in this State, is made security for the payment of a debt, together with such debt, shall, for the purposes of assessment and taxation, be deemed and treated as land or real property. 2. All land shall he assessed and taxed in the county where the same shall lie,...

...property contained in said roll ; provided, 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, aoove its face value. The present State Board of Equalization shall continue...

...the lauds of the United States, and all rights and privileges appertaining thereto. 3. A mortgage, PD when land is pledged for the payment and discharge thereof, shall, for the purpose of assessment and...

...land of the same quality, and similarly situated, shall be assessed at the same value. A mortgage, n for the inspection of any person interested therein....sec. 11. 3307. Advertisement of auction sales in Sa POL. CODE— 35 545 3 362R GOVERNMENT OF THE STATE. [PART [II, TITLE DC, deemed and treated as an interest...