The Huttig news., 1912-06-01

of them snail rom tf1ue 10 tune. as
 often as may be necessary, visit each
 county in the State for the purpose of
 requiring the proper assessment and re-
 turn of property, a uniform value there
 of and the use of forms and system of
 Keeping accounts provided by law or
 by the commission.
 Section S5. Section 12 of Act 257 of the Acts of 1909. approved May 12. 1909. shall be amended so as to read as fol- lows:
 mission as hereby created shall consti-
 ute a State board of equalization and shall equalize the valuations and as sessments of property throughout the. State It shall meet at the State capital on the first day of September of each year for the purpose of equalizing the assessments of the real and personal property of the State. The commits sion, as a State board of equalization may in it's discretion, sit at any other, place in the State it may deem advisable, for the purpose of making investiga- tionS or granting hearings relating to, the work of equalizing the property of the State. The session of the commission as a State board of equalization shall continue from the first day of Septem- Der to the fifteenth day of October each year. As a State board of equalization the Arkansas Tax Commission shall
 have the following powers and shall be
 governed by the following rules: l. To hear appeals from individuals. firms and corporations from the orders and judgments of the several county
 boards of supervisors of assessments and to grant such relief as may be. deemed just and proper.
 9. They shall add to the aggregate valuation Of the real property of every county which they find to be valued
 below its true full and proportionate value in money such per cent as will bring the same to it's true, full and pro- portionate value in money.
 2. They shall deduct from the az gresate valuation of the real property of every county which they find to be valued above it's true. full and propor- tionate value in money such per cent as will reduce the same to it's true. full and proportionate value in money. 4. If they find that the valuation of the real property of any town or dis trict in any county or of the real prop erty of any county not in towns should be raised or reduced without raising or , reducing the other real property In such county or without raising or reducing
 it in the same ratio. they may add to
 or take from the valuation of any one
 or more of such towns, or districts or of the property not in towns. such per
 cent as they believe will raise or reduce
 the same to it's true, full and propor-
 tionate value in money.
 5. They shall add to the aggregate
 valuation of any class of personal nron-
 erty in any county, district or town
 which they believe to be valued below
 its true, full and preportionate value
 in money such per cent as will raise the
 same te it's true, full and proportionate
 value thereof.
 6. They shall take from the aggre-
 gate valuation of any class of personal
 property in any county district or
 town which they find to be valued
 above the true, full and propertionate
 value thereof, such per cent as will re
 duce the same to its true. full and pro-
 portfonate value.
 '. Should the commission find it nec-
 essary. in equalizing the assessment of
 the State. to raise in the aggregate,
 the valuation of the real estate or of any
 personal property in any town district
 or county. as provided in paragraphs 2. 3, 4. 5, and of this section and should it also find that the individual , assessments of such town district or county are not capitalized and that by
 such raise in the aggregate of valua- tions such given per cent the assess ment of any individual taxpayer in the.
 town. district. or county, as the case
 may be. Is increased to a point where the same is above the true full and proportfonate value in money Of the
 property of such taxpayer the commits sion shall have the power and 1t isi hereby made its duty, after 1t has made such raise in valuation in the az gregate. to reduce the assessment of each such individual taxpayer to a point where 1t will not be above true fulI
 and proportionate value in money
 thereof.
 Section SC. Before taking any action
 with respect to the property of any
 county, district or town. as provided by
 paragraphs ?. 3. 4, 5, and 2. section
 S5 hereof. the commission shall cause
 written or printed notice to be served
 upon the county judge of the county
 wherein is located the property affect
 ed. Said notice shall be published in
 some newspaper in said county. if one
 is published in the county; if not then
 in q newspaper having circulation Tn
 said county, in at least two weekly issues before the date of said proposed
 change. The notice shall give the date
 and place al which the commission will
 sit and shall warn said county judge
 and all citizens of said county to appear
 at said time and place and show cause.
 if any they can, why such change shalf
 not be made such assessment in-
 creased or reduced, and the result or
 said hearing. if any increase or de-
 crease should be made. shall be certth-
 ed to the county clerk of the county
 affected on or before the fifteenth day
 of October.
 Section s7. If. while sitting as
 State board of equalization between
 September 1st and October 18th. the
 Arkansas Tax Commission shall Ind in- equalities or want of uniformity be- tween the assessments in any county
 the commission may, in it's discretion. either equalize said assessments tseit. as provided in section 85 of this Act or 1t " call a special session Of the boaru of supervisors of assessments or the county to sit both as board oh equalization and a board or reVlSt6n anu appeals At such special session the board of supervisors of assessments may revise and review the assessments of the county and may raise and re- duce the assessments of individuals and corporations to the same extent and in the same manner as it is by this Act authorized to do at the regular session At said special session the board shall have as full power to act with re spect to the assessments of the county as it had at the regular session. At such special session, before the assess ment of any taxpayer shall be i'm creased, such taxpayer or his agent shall be given at least two days notice of such proposed increase. The tax payer may appear before the board sit ting as a board of revision and appeals and contest the proposed increase in his assessment in the same manner as he could at the regular session. Appeal | may be taken from the decisions of the | board of supervisors of assessments l made at special sessions in the same 1 manner and by the same parties as this | Act provides for appeal to be taken l from the decisions of the board made at its regular session.
 l Section S8. record of the proceed l ings of the Arkansas Tax Commission 1 effecting any changes in the< assessed valuation of any property revised by | the commission sitting as board of | aoua1iza tion shall he kent hv the Secre