The Harrison times., 1912-07-06
money, and not at what II would bring
at auction or forced sale. 80 help me

..,............ ........' OleI ~
Section rs. The assessor shall prepare
a recapitulation 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
recapitulation shall show the total
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 its 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
| records prescribed by sections 66 and
| II hereof he shall prepare an abstract
| of the assessment rolls Of his county
! as provided for in section 7S 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-
quired herein, he shall forfeit his office
| and all fees to which he is entitled for
| mo lyiDp tha Of said county
Section 81, Section IL of Act 257
| approved May 70, 1909, shall be amend
| ed so as TO read as follows
Section II, 1t shall be the duty OF
the commission and it shall have power
! and authority:
T. 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
mcnt and collection of taxes in the
! several counties OF the State, to the
| end that all assessments Of property 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
| g 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,
| g. TO direct proceedings, actions and
| prosecutions 70 be instituted 10 enforce
| the laws relating 70 penalties incur
red for violating the laws relating TO
the assessment OF property and collec-
| tion Of taxes; also 10 direct prosecutions
| 10 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 10 cause complaints 10 be
! made In the proper courts looking 20 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 be guilty,
4. TO require the Attorney General
and the several prosecuting attorneys
| Of the State 10 assist In tho commence
ment and prosecution OF actions and pro-
coedIngs for penalties forfeitures. over
| duo and unpaid taxes removals and pun
| Ishments for violations OF the laws OF
the state I'm respect 90 the assessment
and taxation OF property or 10 repre-
sent the commission IN any litigation
IN which Il may become involved IN the
discharge OF its duties
3. TO require assessors county clerks
| clerks Of the circuit court collectors
and other county and state officers 70
| report information as 20 the assess
mont Of property collection OF taxes
receipts from licenses and other sources
the expenditures OF public funds for all
purposes and such information as may
| he needed or desired I'm tho work im'
posed upon the commission by this Act
auch information 60 be furnished upon
such forms and upon such blanks ns the
| commission may prescribe
q, To mako md prosecute such re.
search and Investigation ns TO the detailed
properties OF corporations, tho business
income, reasonable expenditures, net
| earnings and true values OF the fran
chIscs Of all public service corporations
doing business IN this state az Will en-.
able the commission 10 ascertain n fair
and equitable basis OF assessing same
and OF making and recommending proper
! legislation TO the Legislature from time
20 time, and 20 direct tho local naaess'
Ing officers IN assessing such proper
tics,
T. TO require individuals, firms and
corporations 60 furnish information con
cerning their capital funded or other
debts. current assets and liabilities value
OF property gross and net earnings
operating and othor expenses, taxes and
other charges and such other facts a.
may ho neodful ana desirable 20 on
| able the comm eaion 20 ascertain Tho
| value ana relative burdens OF taxation
borne by all kinds OF property In The
| State,
h. 10 cause tho dispositions Of wit
nosscs residing within or without IN,
state, or absent thorofrom, 20 be tokct
upon notice 10 the Interested parties II
like manner 0B depoBltlons are taken II
ciyi actions pondng IN the circuit oi
| ehancery court IN any matter whlcl
the commission shall have authority L
Investigate and determine,
a. 10 investigate the tax ayatema o
other ntatea and countries and 10 fOrmu
late and recommend such legislation ~
may be deemed eKnedent 20 preyen
evasion Of the assessment and tax lawi
and % secure lust and equal taxation
throughout The State,
10. 10 prescribe hnd prepare nj
necessary intorroFhtorlpH hnd question:
10 be answered by taxpayers ana poraonI
of cuch county and the forms up0l
which the lists prescribed by thla Ao
are 20 be made,
If, TO consult and confer with N,
Governor and Attorney General OF thl
Rtate upoh the subject OF taxation, nd
mnlHtfhtion OF the laws relating thereto
ANA the progress or the work or th
commission, and 20 furnish pnld officer
from time 20 time such Information Hni
assistance M they may desire,
l2, 10 transmit 90 the Governor ani
20 each member or the General Assem-
bly,, thirty days before the biennial Hea
sion of Tho t,eFiHlhturh, tho report o