The Prescott daily news., 1911-12-18

O. lAc t.tdl lace NHlue OI 9ll 0tlr- St"idir" preferred stock tla market. and if no market, the actual value of same.
 A. The total outstanding bonds or notes and other similar securities by whatever name called, secured by mortgage or deed 0f trust on any part of the property holOngino tC said company the market. and if no market, the actual value of sane.
 "5 The assessed value of all real estate belonging to the company.
 "The total of the second third and fourth items less the fifth shall he deemed to be the value of the per sonal property of the company
 Tt is the purpose of this act to tax everything that adds to the value of stocks and bonds described in this section, including every kind of in corporeal and intangible property such as easements and franchises of every kind eYcent the rieht to be a corporation: provided that in the year 1911, the corporations. whose as- easements is provided for in this sec ton, shall make the return herein prescribed and flo +ho same with inc Arkansas Tax Commission on or be- fore the first day of July of said year"
 Section % The Arkansas Tax Commission shall assess the personal property of the several corporations as set out in section 2S. hereof. at the same time and in the same man. ner it assesses the property of the railroads, telegraph, telephone. ex- press. sleeping car and pine line com panies. It shall keep a record of the assessments of such corporations as made by it and shall certify out to the several assessors of the state the valuations, as determined by it. of the property of the corporations mention cd in said section 2S of this act. The assessors shall enter upon their books the assessments so certified to them in the same manner as they enter the assessments of the railroads and of the tele~~aph. telephone express, pipe line and sleeping car companies."
 Section 30 All corporations doing business, except corporations whose property is assessed by the Arkansas Tax Commission. and the corporations required to make and file the snecia1 rnturne rreecrihed b. sections CT and 27 of this act shall in addition to the lists Nrcscrired in sectione 7c 1e. 10. 21 and % hereof, make and flo with he assessor 9. statement wherein shall he st forth
 "1. Tho name, location and r~inci- 0av office of cOvnOr9 ton.
 co ~ho nvwher cf sharcs of e+ocl, -f tNa cqia oC~ro~ati7n outeton7ine and the faco value of each
 70 The market va'rc of each share and f no marrct valra. the actual value.
 "t Tho o@croga+c aCtr0- value 0r 0erko+ ra'ua. as tho case nav fo oC
 T 0rte+q~f'ro stocks.
 a. The total bonds Of the ocrrora- f'cn secured hy mo~tra~o or dcod of -rr,st on prooe~tv Nolo~qinc to tho company ana the aggregate marke- value or the actual cash value of bonds.
 "6, The assessed value of all real estate owned by company.
 "7. The value of all tangible per sonal property owned by the com pany and assessed under sections 16, IS, l9, 21 or %.
 The sum of items four and five. less the sum of items six and seven, shall be held to be the value of the intangible property of the corporation and shall be listed and assessed by the corporation as agent by share holders under the heading Intangible Propcrty'"
 Section 31. The corporations re | quired to make the returns provided for in section 20 of this act, shall list and assess their tangible property, real and personal, on the proper form as prescribed by sections 16, IS, 19, 21 and 22 hereof The return pre- scribed by section 30 is required in addition to the regular lists provided for by this act, and it's purposes is to secure the assessment of intangible property belonging to the corpora tion."
 Section 32. Each of the state ments required by sections 16, IT, IS, 19, 20, 21, 22, 25. 27, 2S, 30, must be subscribed and sworn to by person making and filing same. Said oath shall be in the following form: w,. do solemnly swear | Cor afflrm) that the list of property