The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1908-09-27


standing against said city; Trovid.
ed. that said bonds shall not draw
To exceed five per centum interest
and shall be exchanged at not less
than par for the outstanding bonds
and when so issued and exchanged
such outstanding bonds shall be
taken up and cancelled
Section :. The receiving directly
or indirectly by any officer of said
city of any interest, profit. or per.
quisites arising from the use or
loan of public funds in his hands
or to be raised through his agency
Tor city purposes shall be deemed
sufficient cause to forfeit his Office.
aud the person so receiving shall
then and there forfeit his Office and
be disqualified to hold Office.
Section s. The various leyies
provided by this Article and all
other taxes and assessments provid-
ed In this charter. except license
tax and leyies made by the Board
OF Education, shall be certified by
the City Clerk to the County Clerk
of Carter County. to be- by said
County Clerk placed on the tax rolls
Tor collection, subject TO the same
penalty, ana collected BY the Cuuu.
~ Treasurer as other taxes are col.
l"ctcd by the County Treasurer. as
Is provided by law for the collection
OF taxes, and paid by him to the
CltN Treasurer and such payments
snail include all penalties collected
ON such city taxes The entire
amount of all city levies shall be
placed upon the tax rolls as one
levy 10 be known as the city
Ivy"
Section 9. The County Treasurer
shall, ON January fifteenth. May iii
tccnth, July fifteenth aud November
IiIlctuth. OF each year. and oftener
10 required by the Board of Commits
Slouers, pay over TO the CITY Treas.
uIcr all moneys and evidence OF
Indebtedness collected and PAYABLE
10 said city, which shall include all
penalties collected on city taxes
ana assessments and render a full
ltemlled statement thereof to the
Board Of commissioners. and the
County Treasurer shall take dupli.
cate receipts from the City Treasur.
er for the same and file one OF said
receipts with the City Clerk and
the City Clerk shall enter in a book
Tor that purpose I'D under the
proper head, all amounts for which
receipts are given.
Section TO- The City Treasurer
shall require every bank with which
he makes the deposit of the citys
money, TO pay not less than two
per cent interest tn the average
daily balance of all money in said
bank, belonging to said city, such
interest to become part of the
tund on deposit. ana the said City
Treasurer shal! not keep any money
In any bank that will not make
such allowance as aforesaid.
ARTICLE VI.
Section /. CITY ASSESSOR-Th
Office OF city Assessor is hereby
created, whose duty it shall be To
assess all property subject To tax.
alton in said city, except such as
Is exempt from taxation under the
Constitution and general laws OF
the state and except all railway
ana public service corporation prop
crty, al its fair cash value. which
shall be- construed to mean its ac.
lual cash value, estimated at the
price II would bring at a fair vol
uutary sale.
Section . II the said City Asses.
sor shall permit any wilful error in
the performance of his duty, he
shall be deemed guilty of malfeas-
ance and upon conviction thereof
snail forfeit his office and be 9th
erwise punished as provided by law.
All assessments TO be completed
and report made thereon to the
Board of Equalization of said city
on or before the first Monday in
July of each year.
Section .. 1t shall be the duty of
the city Assessor of said city, or
any OF his deputies before reCeiv-
ing the returns of any tax payer,
To actually administer the oath re-
quired by law of tax payers, the
oath being read by, or to, the tax
payer In the presence of and in the
hearing of the said City Assessor
or Deputy, and for the failure of
such city Assessor or Deputy to
administer such oath, except in
those cases where by law said oath
may be made before some other
person, such City Assessor or Dep
uty shall be guilty OF misdemean-
or and punished accordingly under
the general laws of the state.
Section 4. The Board of Commis.
sioners, sitting as a Board OF Equal.
lzation and Appeals, shall revise
the tax rolls, and 1t Shall be their
duty to correct all unequal assess
ments. and To increase or reduce
the valuation fixed by the Assessor
as the case may require, so as to
equalize the bases and method OF
assessment adopted for all such rem
ditions. II shall also be their duty
/ 10 hear and fairly determine all
. appeals from property assessments
fixed by them or under their au-
thority. II shall be the duty of the
Board OF Commissioners to adopt
such rules and regulations from
time TO time as to them may ap-
pear necessary To secure complete
renditions for assessments of an