Samosa v. Lopez

Citations

• 19 N.M. 312
• 142 P. 927

Syllabus

<p>SYLLABUS BY THE COURT.</p> <p>1. A statute of exemption from taxation must receive a strict construction, and, no claim of exemption should be sustained unless within the express letter or the necessary-scope of the exemption clause. P. 317</p> <p>2/ Sec. 5, Chap. 84, S. L. 1913, construed. Held: The two hundred dollar exemption allowed each head of a family is to be deducted from the true or cash value of the property of the taxpayer and not from one-third of such value.</p> <p>P. 317</p>