...the rate of percentage charged. (2) By the thirteenth article of the Constitution of California "a mortgage, deed of trust, contract or other obligation by which a debt is secured, is treated, for the purposes of assessment and taxation, as nn interest in the property affected thereby;"...

...the rate of percentage charged. (2) By the thirteenth article of the Constitution of California "a mortgage, deed of trust, contract or other obligation by which a debt is secured, is treated* for the purposes of assessment and taxation, as an interest in the property affected thereby;"...

...several counties of the State for the purposes of taxation. The Controller of State shall be ex officia a member of the Board. The Boards of Supervisors of...of trust, contract, or other obligation by which a tlobt is secured, money, or solvent credits, above its face value. The present State Board of Equalization...

...assessment, in small tracts, of all lands not sectionized by the United States Government. § 4. A mortgage, deed of trust, contract, or other obligation by which a debt is secured, shall, for the purposes of assessment and taxation, be deemed and treated as an interest in the property...

...the State, shall be taxed in proportion to its cash value, to be ascertained as directed by law. A mortgage, deed of trust, contract, or other obligation by which a debt is recovered, shall, for the purposes of assessment and taxation, lie deemed and treated as an interest...

...except that owned by a railroad or other quasi-public corporation, is subject to, or affected by ;i 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...

...or being on the lands 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...

...uncultivated land of the same quality, and similarly situated, shall bo assessed at the same value. A mortgage, deed of trust, contract, or other obligation by which a debt ij secured, shall, for the purposes of assessment and taxation, be deemed and treated as an interest...

...one of less difficulty. Section 4 of Article 13 of the Constitution of California, provides that " a mortgage, deed of trust, contract, or other obligation, by which a debt is secured, shall, for the purposes of assessment and taxation, be deemed and treated as an interest in the property...

...Sidney V. Smith, Jan., for defendant. SAWYER, Circuit Judge. The constitution provides as follows: "A mortgage, deed of trust, contract, or other obligation by which a debt is secured, shall, for the purposes of assessment and taxation, be deemed and treated as an interest in the property...