The Harrison times., 1912-06-22

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the board of supervisors of assess
i 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 i'm the same manner as he
| would have done had such business
| been in existence at assessing time. III
! such new business shall have been as
! sessed by the assessor before the first
/ day of July IL shall be 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 1t along with the
| other assessments of the county Prop
erty in any way overlooked by the as
| SCISSOR, or omitted from the assessment
| at the regular assessing time, rhall be
| assessed in the same manner as is prop
| erty put into new business. No per-
| son shall be compelled to pay taxes
! twice on the same property for the same
| year. Money invested In new business
after February first and included in
| the regular assessment of the person
owning ii on February first, shall, not
be included in the assessment of new
| business begun after assessing time
Section sc. The assessor SHALL on or
before the first day of July make out
| in tabular form In book prepared for
| the purpose, statements OF the names
| Of the persons, firms, companies and
| corporations whose lists he has taken
| 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
arranged in alphabetical order and by
| 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 coterminous 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 required
by law to be listed. Each list taken
by the assessor shall be entered upon
| the books separately and the assessor
shall enter opposite each name in the
proper column, the value OF each OF the
| several classes of property listed. There
shall also be a 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 column
In which to enter the valuation as
| edualzed by the board Of supervisors
| of assessments; likewise n column in
which the county clerk shall extend the
valuation as equallzed by the Arkan-
sas Tax Commission, Said books shall
be flied with the county clerk by Sep
tember first,
Section G7. The real and personal
tax 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
custody Of the board until September
ist, when they shall be by II filed with
the county clerk In whose custody they
shall thereafter remain.
Section 6S. Tho 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
description Of each tract OF land
situated In hts county with the name
OF the owner. II known, and the number
OF acres or quantity OF land contained
therein, as the samo shall appear upon
the books of his Office, and he shall com.
mence the same In the lowest number
| in township and range In his county
and I'm the northeast corner In each
| township and shall proceed numerically
| I'm HIS county, first setting down all
| tho subdivisions of each section as they
belong TO different individuals, or the
whole section together II owned by one
person and not divided on account Of
parcels being OF different values
| Ia NJ xsI 10 lYnn
! by this Act TO be made by the assessor
| tsootion ~ and by tho members OF tho
| board OF supervisors OF assessments
(scctlon GD shall bo entered IN fun on
tho assessors books prescribed by sec
tlona &C and 6S hereof,
Section 70, Tho session OF tho board
| ot supervisors OF assessments beginning
the first day OF July shall be for the
purpose OF completing and oqualizlng
| the assessments OF the county IL shall
be the boards duty 20 examine care,
| fully In detail the assessments OF real
| and personal property az made by the
assessor Members OF the board shall
examine and compare tho returns OF as.
sossmont OF property OF the several
towns and districts and equaliEo the
same 20 the end that each tract or lot
OF real property ana eaeh article or
personal property shall bo assessed OF
| lie true and fun value IN money In
performing It's duties In completing ana
| eQualiging tho assessments Of the county
the board shall proceed undor tho fol-
| lowing rules,
l. II shall raise the valuation OF each
| tract or lot OF real property which, IN
| ita opinion, IN assessed below its true
and full value In money 20 such sum M
| Il believes 60 be the true and full value
| thereof,
O. II shall reduce the valuation OF
each tract or lot which, In It's opinion,
| IN assessed above It's true and full value
| IN money 20 such sum aa II believes 70
DO It's true and fun value,
2, it shall raise the valuation or
| each Item OF personal property which,
| IN ita opinion In assessed below itA true
ana fun value IN money, 20 such sum
M II believes 70 bo the true and full
value thereof, ana Il shall raise tho ng,
| grognte valuation OF oil the personal
! property OF enoh individual, firm or cor
| poratlon, when II belleyea that such og,
| gregnte valuation IN below the true ana
| full value OF tho personal property be7
| longing 90 such individual firm or
| corporation TO such sum as II believes
/ 60 be the true aud full valuation thereof,
A. II shall reduce the valuation OF
! each Item OF personal property which
| In lta opinion Ia assessed above itA true
and fun value 20 such sum az II be-
| lievea 60 be the true and fun value
| thereof II shall reduce the aggregate
| valuation OF the personal property or
! any individual firm or corporation TO
! such sum hs In It's opinion Ia the true
/ auu Fun .at.a thapanf