Pocahontas star herald., 1912-06-21

| money, and not at what it would bring
! at auction or forced sale, so help me
| God
.'',.''.,,,. ,....,..,:.. Assessor"
Sworn to and subscribed before me
! TINS ...''... DAY or ..,...........19l.
| '''''...'...',.,,. CLERK.
Section rs, The assessor shall prepare
! a recapitulatlon by school districts of
| the personal property In each district
| Said recapitulation shall show the ag-
! gregate value of each of the several
| classes of personal property in the dis
! trict and the total value of all the per-
| sOnal property therein, and the total
| value of the several classes of per-
sonal property and of the personal
property in the county Likewise the
value of the real property in each school
! district.
Section 70. The board or supervis-
| ors of assessments sitting either as an
| equalization board or as a board of re-
vision and appeals shall hold it's meet
| ings at the court house at the county
| seat unless better to facilitate the work
it shall be deemed advisable to hold
| sessions in other places in the county
| The minutes of the proceedings of the
board shall show at what places the
! session of the board is held.
Section 80. At the same time the as
SCISSOR files with the county clerk the
|
! II hereof he shall prepare an abstract
| of the assessment rolls of his county
| as provided for in section IS hereof
and forward 1t to the Arkansas Tax
Commission. Such abstract shall be
made upon forms prepared and furnished
by the Tax Commission and shall give
the information asked by the commission
| under the various subjects fully and
completely as required.
If any assessor shall refuse or neglect
| to prepare an abstract of the assess
ment rolls of his county and forward
the same to the Tax Commission as re-
| CURED herein, he shall forfeit his office
and all fees to which he is entitled for
| making the assessment of said county
Section 81, Section IL of Act 257
approved May H. 1909. shall be amend
| ed so as to read as follows:
Section II. 1t shall be the duty of
the commission and 1t shall have power
| and authority:
I. To have and exercise general and
complete supervision over the assess
| ment and collection of taxes, including
excise, franchise, inheritance and LIQUOR
| license taxes, and the enforcement of
| the tax laws of the State, and over the
| several county assessors tax collectors
board of supervisors of assessments and
| other officers charged with the assess
ment and collection of taxes in the
several counties of the State, to the
| end that all assessments of propertv in
| the State shall be made in relative pro
| portion to the Just and true value there
of in substantial compliance with the
| law and all taxes due the State and its
| several agencies be collected.
2. TO confer with and advise assess
| OrS and boards of supervisors of assess
ments as to their duties and give neces-
sary instruction and directions to as
SCISSORS and boards Of supervisors of
| assessments.
3. To direct proceedings actions and
| prosecutions to be instituted to enforce
| the laws relating to penalties incur
red for violating the laws relating to
| the assessment of property and collec-
tion of taxes; also to direct prosecutions
to be instituted against persons and
| agents or officers of corporations for
failure or neglect TO comply with the
| provisions of the statute governing the
| return. assessment and taxation of
property: also to cause complaints to be
made in the proper courts looking to the
| removal from office of assessor and
members of the board of supervisors of
assessments for any official misconduct
or neglect of duty of which such officers
may he guilty.
4. To require the Attorney General
and the several prosecuting attorneys
| of the State to assist In the commence
ment and prosecution of actions and pro-
| ceedings for penalties forfeitures over
| due and unpaid taxes. removals and pun
, ishments for violations of the laws of
the State in respect to the assessment
and taxation of property, or to repre-
| sent the commission in any litigation
in which 1t may become involved in the
| discharge of its duties.
s. To require assessors. county clerks.
| clerks of the circuit court collectors
| and other county and state officers to
| report information as to the assess
ment of property, collection of taxes.
| receipts from licenses and other sources.
the expenditures of public funds for all
purposes and such information as may
be needed or desired in the work i'm
posed upon the commission by this Act,
such information to be furnished upon
such forms and upon such blanks as the
| commission may prescribe.
6. To make and prosecute such re-
| search and investigation as to the detailed
properties of corporations. the business,
income, reasonable expenditures net
| earnings and true values of the fran
doing business in this State as will en-
| able the commission to ascertain a fair
| and equitable basis of assessing same
and of making and recommending proper
legislation to the Legislature from time
| to time. and to direct the local assess
ing officers in assessing such proper
ties.
| Z. To require individuals. firms and
| corporations to furnish information con-
cerning their capital, funded or other
debts, current assets and liabilities value
| of property, gross and net earnings,
| operating and other expenses. taxes and
| other charges and such other facts as
may be needful and desirable to en-
! able the commission to ascertain the
value and relative burdens of taxation
borne by all kinds Of property in the
State
8. To cause the depositions of wit
nesses residing within or without the
State or absent therefrom, to be taken
upon notice to the interested parties in
like manner as depositions are taken in
civil actions pending in the circuit or
! chancery court in any matter which
| the commission shall have authority to
investigate and determine.
.. To investigate the tax systems of
other states and countries and to formu-
late and recommend such legislation as
, may be deemed eXpedient to prevent
evasion of the assessment and tax laws
| and to secure just and equal taxation
throughout the State.
/ 10. To prescribe and prepare all
| necessary inteTrogatories and questions
to be answered by taxpayers and persons
| of each county, and the forms upon
which the lists prescribed by this Act
are to be made.
H. To consult and confer with the
| Governor and Attorney General of the
State upon the subject of taxation, ad-
mnistration of the laws relating thereto,
| and the progress of the work of the
| commission and to furnish said officers
from time to time such information and
| assistance as they may desire.
12. To transmit to the Governor and
| to each member of the General Assem-
l1,y I, Joyc bafora fba Ifappio1