The Harrison times., 1912-06-08

! the board CT Supervisors OF ASSESS
! ments"
Section IS. II 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, IL 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
J such new business shall have been as
! sessed by the assessor before the first
| day Of July II shall be included in the
| regular assessment rolls submitted as
! hereinafter provided by the assessor 20
| the board Of supervisors of assessments.
| II such assessment be made between
| the first day Of July and the first day
| Of September, ii shall be submitted 20
! the board Of supervisors Of assessments
! TO be passed upon by II 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, hall 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 new business
! after February first and included i'm
| the regular assessment Of the person
| owning 1t on February first, shah not
! be included in tho assessment Of a new
/
Section S. The assessor shall, on or
! before the first day Of July make out
| in tabular form In a book prepared 70"
| 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 bur In the school district. The
assessors books shall also contain
| columns with appropriate headings in
which 10 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
! "
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
| edualzed by the board OF supervisors
! Of assessments; likewise n column I'm
which the county clerk shall extend the
valuation as eduali2ed by the Arkan-
sas Tax Commission, Said books shall
be filed with the county clerk by Sep
| tember first
section 67. The real and personal
! tax-books and all tho lists and returns
| TO be made by the taxpayers az provided
| by this Act shall be turned over by the
| assessor TO the board of supervisors OF
| assessments when the board meets on
| July lst They shall remain in the
! custody OF the board until September
| list, when they shall be by It filed with
| the county clerk In whose custody they
| shall thereafter romain,
Section 6S, Tho clerk or the county
| rourt 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
| siWated IN his county with tho name
| OF the owner II known, and the number
| OF acres or quantity Of land contained
| Ilt
! the books Of his office, and he shall com.
mcncc the same In the lowest number
! I'm township and range In his county,
! and IN the northeast corner In each
! township and shall proceed numerically
| I'm all the sections, townships and ranges
| In his county, first setting down all
! the subdivisions Of each section az they
! belong 10 different individuals, or tho
whole section together II owned by one
! person and not divided on account of
| parcels being Of different values
| Section 60, Tho affldavits required
! by this Act 10 be made by the assessor
! (acction ~ and by the mcmbcrs OF the
! board Of Supervisors Of assessments
! (SoCtiOn CAD shall be entered In fun on
! the assessors books prescribed by aoea
! tIous GO and GS hereof
Section 20, Tho session Of the board
| or supervisors Of assessments beginning
| the first day of July shall bo for the
! purpose Of completing and cquali2ng
| the assessments of the county II shall
! be the boards duty 90 examine caro-
! fully In detail the assessments OF real
! and personal property as made by the
assessor, Members OF the board ahall
! examine and compare the returns OF as
! sossmout OF property OF the several
! towns and districts and cQuOliHc the
same 90 the end that cnch tract or lot
! Of real property ana each article OF
| personal property shall he pAsosaod Ut
| ita true and fun value In money In
! performing its duties IN completing ana
! oquNli8lng tho assessments of the county
! tho board shall proceed uhdcr tho iol7
! lowing rulUHi
T. II shall raise the valuation Of each
! trnct or lot of real property which, In
! lta opinion IN assessed below ita true
! and FUN value in money 20 such sum az
| Il believes TO bo the true and full value
| thereof
! II sbou poiuar tbs valuation OF
| ehoh tract or lot which, IN ita opinion
! N assossod above It's true ana full value
! be its true ana fun value
g. II shall raise the valuation OF
| c0oh item OF personal property which,
! In ts opinion, III assessed below its true
! ana fun value IN money 90 such sum
| ns II believes 60 ho the true and full
! value thereof ana II shall raise tho nEs
! gfCrniu valuation Of Nll the personal
! property Of each individual firm or cor
! porutlou, when II believes that such az.
| Wugnto valuation iH below the true ana
! fun value Of the porHOuHl properly bee
| longing 10 such individual firm or
corporation 60 such sum Hs II believes
/ to hu the true and FUN valuation thereof
A. II shall reduce the valuation of
! each item of personal property which,
! I'm il7 opinion ls usgcHscd above its true
! Und run value to such sum us II bee
! lioyop 20 ho the true and fun value
! thereof II shall reduce the uHgrrgNle
! valuation Of tho personal property ui
! any individual firm or corporation lo
! such sum Hs In itH opinion iB the true
ANA full value thereof
o. II shall place upon tho inN-books
any Umti tod iInnv pf uVrHDUu1 uYUNUTI a