The Huttig news., 1912-06-01

county. and that I will in all things
 faithfully observe the law in the dis charge of the duties upon which l am now about to enter as member of the board of supervisors of assess ments."
 Section 65. If any person shall be- gin any new business of any kind in any district or town in the county after the first day of February and before the first day of October. it shall be the duty of the assessor to assess such new business in the same manner as he would have done had such business been in existence at assessing time. If such new business shall have been as- seSSed by the assessor before the first day of July it shall he included in the regular assessment rolls submitted as hereinafter provided by the assessor to the board of supervisors of assessments. If such assessment be made between the first day of July and the first day of September. it shall be submitted to the board of supervisors of assessments to be passed upon by it along with the other assessments of the county. Prop erty in any way overlooked by the as- | sessor, or omitted from the assessment at the regular assessing time, Ghall be assessed in the same manner as is prop erty put into a new business. No per son shall be compelled to pay taxes twice on the same property for the same year. Money invested in a new business after February first. and included in the regular assessment of the person owning it on February first, shall not be iRcluded in the assessment of a new business begun after assessing time. Section 66. The assessor shall. or before the first day of July make out in tabular form in a book prepared for the purpose, statements of the names of the persons, firms. companies and and whose personal property he has as sessed showing the political township or ward residence and also the post office address of each Names shall be ra6 in a plpl l9 9hatin lk-r school districts. There shall be listed in each school district all the personal property taxable therein. In cases where towns and school districts are not eoterminous and the school district includes territory not included in the town there shall be two statements ar ranged in alphabetical order with respect to the names of the taxpayers. one of which shall include the names of the taxpayers residing in the town and the other of which shall include the names of the taxpayers residing without the town but in the school district The assessors books shall also contain columns with appropriate headings in which to enter opposite the names of the taxpayers the value of the several classes of personal property requirn nd by law to be listed Each list taken by the assessor shall be entered upon the books separately and the assessor proper column. the value of each of the several classes of property listed. There shall also be column in which to en- ter the total of all property listed by the taxpayers and the assessor shall enter the proper amount in said columns Said books shall also contain a column in which to enter the valuation as capitalized by the board of supervisors of assessments; likewise a column in which the county clerk shall extend the valuation as capitalized by the Arkan- be filed with the county clerk by Sep tember first.
 books and all the lists and returns to be made by the taxpayers as provided by this Act shall be turned over by the assessor to the board of supervisors of assessments when the board meets on July 1st They shall remain in the 1st, when they shall be by it filed with the county clerk in whose custody they shall thereafter remain.
 Section 6S The clerk of the county court of each county shall on or be- fore the first day of February of each year make and deliver to the assessor of each county, an abstract containing a description of each tract of land situated fin his county with the name of the owner, if known. and the number of acres or quantity of land contained the books of his office, and he shall com mence the same in the lowest number in township and range in his county. and in the northeast corner in each township and shall proceed numerically in all the sections, townships and ranges in his county, first setting down all the subdivisions of each section as they belong to different individuals, or the whole section together if owned by one person and not divided on account of parcels being of different values
 Section 69. The affidavts required by this Act to be made by the assessor (section ID and by the members of the board of supervisors of assessments (section 64) shall be entered in full on the assessors books prescribed by sec tions 66 and 6S hereof.
 Section 70. The session of the board of supervisors of assessments beginning the first day of July shall be for the purpose of completing and equalizing the assessments of the county It shall be the boards duty to examine care fully in detail the assessments of real and personal property as made by the assessor. Members of the board shall examine and compare the returns of as sessment of property of the several towns and districts and equalize the same to the end that each tract or lot of real property and each article of personal property shall be assessed at It's true and full value in money. In performing it's duties In completing and equalizing the assessments of the county the board shall proceed under the fol- lowing rules:
 1. It shall raise the valuation of each tract or lot of real property which, in it's opinion. Is assessed below its true
 
 1t believes to be the true and full value thereof
 9 It shall reduce the valuation of each tract or lot which. in its opinion. is assessed above its true and full value in money to such sum 6 it believes to be it's true and full value
 g. It shall raise the valuation of each item of personal property which, in its opinion. is assessed below its true and full value in money, to such sum as 1t believes to be the true and full value thereof. and it shall raise the az gregate valuation of all the personal property of each individual firm or cor poration. when it believes that such az gregate valuation is below the true and full value of the personal property be- longing to such individual. firm or corporation to such sum as it believes to be the true and full valuation thereof. 4. It shall reduce the valuation of each item of personal property which. in its opinion, is assessed above it's true and full value to such sum as it be- lieves to be the true and full value valuation of the personal property of any individual, firm or corporation to such sum in its opinion is the true and full value thereof
 5. It shall place upon the tax-books any omitted items of personal property subject to taxation, provided such items are not placed thereon when the omis- sion is discovered by the assessor. It shall assess such omitted items at their true and full value in money.