The Van Buren press., 1912-06-08

State Of Arkansas:
Section !. All property in this state
real and personal, tangible and intah
gihle, not expressly by this &C
exempted therefrOm, shall be suoJee
10 taxation in the manner by this Ac
prescribed.
Section .. All property described n
this section To the extent herein unit
ed shall be exempt from taxation to
wit;
/. All schoohouses. academies, col
lsges. universities and seminarleS oil
learning with the books and furniture
therein, and the ground attached 70 suCl
buildings. and necessary FOR the pIpPei
occupancy. use and enjoyment TINS
provision does not extend 70 property
leased or otherwise used with a We"
to profit
2 All houses used exclusively Tor
public worship, and so much OF tns iolS
OF parts of lots upon which such houses
are situated as may be necessary lot tnt
proper use occupancy ana ENJOY menu
OF same, such exemption shall not IN
clude any property leased or IN any
manner used with a view to proilt
g. All lands used exclusively loI
graveyards, except such as are heIu
with view to profit or for purposes
OF speculation in the sale thereof
4 All property real and persona
this State.
5. All property belonging exclusively
to any county, city town school as
trict or Improvement district held ana
employed exclusively Tor pubic pui-
poses. s...
6 All buildings belonging to institu-
lions of public charity including orphan
ssylums houses for the INDECENT and
public hospitals, together with the lahus
actually occupied by such institutions
not leased or otherwise used with a
view to profit, and all supplies. iurhl-
ture and personal property or every
kind. including moneys and credits APP
propriated solely to sustain ana belong
ing exclusively to such institutions
I All fire engines and other appa-
ratus used for the eXtinguishment OF
fires, with buildings used exclusively
FOR safe-keepng thereof, and Tor the
meeting of fire companies, whether pc
longing to any town or 10 any l'e
company organized therein.
s. All public Libraries and all real
and personal property belonging 10 or
connected with the same.
Q All property belonging to camp
or grove meeting associations. SUNDAY
School assemblies, Young Mems thIis-
tian Associations, societies for religious
instruction or worship, expressly dedl-
Gated and necessary for their proper oc-
cupancy use and enjoyment, ana not
leased or otherwise used with vie"
TO profit,
10 All property belonging to and
used exclusively for the purposes OF any
State, district or county AGRICULTURAL
society or industrial exposition.
Ii. All public market houses, squares,
parks and other public ground owned
and used exclusively for pubic pur,
poses, and all works machinery ana
fixtures belonging TO any town, ana
used exclusively for conveying WaIel
10 said town. or supplying said town
with gas or electricity, not leased or
otherwise used with view to protlt.
Section 3. Real property for the
purposes Of taxation, shall be construed
to include the land itself and all build
ings structures and improvements or
other fixtures of whatever kind thereon,
and all rights, privileges and franchises
Cunless by this Act otherwise provided,
thereto belonging or in anywise per
tanning: also all trees growing thereon,
and all mines, minerals, quarries or
fossils thereon or hereunder
Section. T. Personal property for
purposes OF taxation shall be construed
to include;
/. All goods, chattels, moneys and
effects
2. All steamboats, and other water
craft employed in navigating the waters
lying wholly or partly within TINS
inhabitants of this State, invested In
steamboats,. steamships or other water
craft located without this state pro-
vided, the same rs not taxed by another
State or sovereignty,
3. M improvements made by others
upon lands, the fee OF which is stu
vested In the United states or this
State, and all improvements and other
structures, upon lands the titles Of
which are vested In any railroad com
pany or other corporation whose prop
erty Is not subject to the same mode
OF taxation as other property
T. All stocks OF nurserymeu and
florists, growing or otherwise.
g. All gas oil and water mains.
pipes, Conduits, subways wherever To-
Gated all tracks, roads and bridges Of
street railways, turnpike and bridge
companies, and all poles, wires and
other apparatus Of telegraph and tele-
phone lines
q Credits Of every kind over and
above debts owed by the creditor
Z The Income OF every annuity un-
less the capital Of the annuity be taxed
IN this state.
s. All public stocks, bonds and SO
ourities Of every kind
O. All personal property situated I'm
this state OF corporations. whether the
owners thereof reside In or out OF this
State
10. All tlAltN OF HlN'k III HdlhNt NI
ganl2od under the laws Of this State OF
OF the United states,
II, The capital stock undivided prof
its and all other means not forming
part of the capital stock Of every com.
pany whether Incorporated or unincor.
porated.
SECTION 8. In the construction Of this
Act the following rules VIII be ohsory-
ed. unless such construction would be-
inconsistent with the manifest iuteu-
ton OF the Legislature, or repugnant 20
the context.
/ Person" shall include firm, com.
pany or corporation.
The term oath" wherever used
IN this Act shall De held to mean oath
or affirmation
g. Every word IN this Act deuouup
the masculine gender shall extend and
apply 20 females me- well az males,
Pensions receivable from tho
United states or from any state, sal,
aries or payments excepted shah not
be held 10 be uunuitios within the
meaning OF this Act
8 Town" shall he held 10 near
city, town or village n laid out In lots
or blocks Rs prescribed by law, whether
be held 10 mean school district
q "rract" hot" parcel or piece
OF land shall be held 20 mean any con
uguous quantity OF land In the posses
plnu OF. owned by or recorded as IN,
property OF the same claimant or per
True and fun value shall meat
tho usual selling price az tho pHH,
where thu property 60 which the tern
10 applied shall be at the time of as
sessmont, being the price which woul,
be obtained therefor at private sale aut
not at forced or auction sale
\ Merchant shall include ovorl
person who owns or has IN his possession
or subject 90 HIS control with authority
90 sell the same, any personal prupcrt'
within this State purchased with IN,
view 60 sale AZ an advanced price %
profit or which has been consigned &
him for sale
.. Manufacturer shall include ever
person who purchases, receives or hold
personal property OF any description
Tor the purpose ~ adding 10 its yalu
by any process ~ refining manutac
turo, rcctlfying or by the combination
OF different materials with the Wow g
making q gain or profit thereby
10 uMouHVh hmDuuNH' bhun h