First National Bank of Weiser v. Washington County

Citations

• 17 Idaho 306
• 105 P. 1053
• 1909 Ida. LEXIS 111

Syllabus

<p>Taxation — Power or Assessor — Notice to Taxpayer — Raise on Valuation op Bank Stock — Waiver op Notice — Deductions prom Valuation op Stock — Who must Claim Deductions — Taxing National Bank Stock.</p> <p>1. The county assessor has no power or authority to bind the county or its board of equalization by any agreement he may make or enter into with the taxpayer as to the valuation to be placed upon any specific property, or the waiver of deductions and exemptions. His duties are' prescribed by law, and the taxpayer is chargeable with notice of the scope of his authority and the power with which he is invested and the limitations thereof. He is required to assess all the taxable property of his county at its “full cash value,” and has no authority to assess it otherwise.</p> <p>2. Under the provisions of sec. 1692, Rev. Codes,'the county commissioners of each county are required to meet on the second Monday in July, in each year, as a board of equalization for the purpose of examining the assessment-roll and equalizing the assessment of property throughout the county, and enforcing and compelling the assessment of property and raising or causing to be raised any assessment of property which, in the judgment of the board, has not been assessed at a fair cash value. No special, separate, or personal notice of this meeting is required to be given to the taxpayer of any action proposed to be taken, but any raise, change or alteration in the assessment of the property of any taxpayer amounts only to a proposal by the board that such property should be so raised, or the assessment changed or altered, and notice thereof is thereafter given by the clerk in conformity with the provisions of sec. 1699, Eev. Codes, of the time and place when and where the taxpayer may be heard to object and protest against the proposed raise, change, or alteration.</p> <p>3. Under the provisions of sec. 1701, Eev. Codes, the board is required to again meet as a board of equalization on the f