The Harrison times., 1912-06-15

requiring the proper assessment ana re-
turn of property, uniform value there.
Of and the use of forms and system or
keeping accounts provided by law or
by the commission
Section So. Section - of Act 257 OF
the Acts of 1909, approved May 70, 1909,
shall be amended so as to read as fol-
lows
Section 70. The Arkansas Tax Com
mission as hereby created shall consti-
tute a State board of equalization and
shall equalize the valuations and as
sessments of property throughout the
State 1t 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 c9mmls-
sion, as a State board of equalization
may, in its discretion, sit at any other
place in the State ii may deem advisable,
for the purpose of making investiga"
tions or granting hearings relating to.
the work of equalizing the property or
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;
/. To hear appeals from individuals
and judgments of the several county
boards Of supervisors Of assessments
and to grant such relief as may be-
deemed just and proper.
2. They shall add to the aggregate
valuation of the real property Of every =
county which they find to be valued
below it's 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
3, They shall deduct from the ag-
gregate valuation of the real property
Of every county which they find to be
valued above its true, full and propor-
tionate value I'm money such per cent
as Will reduce the same 10 its true, full
and proportionate value in money.
4. II 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 ono
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 its true, full and proper
tionate value in money
s, They shall add to the aggregate
valuation Of any class Of personal prop
erty in any county, district or town
which they believe to be valued below
It's true, full and proportlonate value
in money such per cent as will raise ths~.
same to It's true, full and proportiCEafN
value thereof
O, 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, fun and proportionats
value thereof, such per cent as will re-
duce the same to its true. full and pro-
portionate value
Z, Should the commission find II neo-
essary, In equali2ing 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 O.
3. 4. g., and OF this section, and
should Il also find that the individual
assessments OF such town. district, or
county are not equalized 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 20 n point whore
the same Is above the true, full and
proportionato value in money of the,
property OF such taxpayer the commis-
sion shall have the power and II ts
hereby made its duty, after Il has
made such raise In valuation In the az
grogate, 60 reduce the assessment Of
each such individual taxpayer TO q poihfG
whore Il will not be above true fuli
and proportlonoto vnluo In money I
thereof
Section So Before taking any action
with respect 20 tho property Of any
county district or town, as provided by
paragraphs 9, 3, A. 8, O and Z, section
80 hereof the commission shall cause n
written or printed notice Go bo served
upon the county judge or tho county
wherein iB located tho property affect.
ed said notice shall be published In
somo newspaper In said county IL ono
IN published In the county If not then
IN u newspaper having q circulation In
said county In at least two weekly
issues before the date OF said proposed
change, The notice shall give tho date
and place at which the commission will
ait ana shall warn said county Judge
and all cltlZcns OF said county 20 appear
NJ said time and place ana show cause,
If any they can, why such change shall
not be made or such assessment ins
creased or reduced, and the result OF
said hearing, If any increase or des
crease ahould bo made shall be eortiiia
cd TO the county clerk Of the county
affected on or before the fifteenth day
OF october
Section 81, r. whuo sitting as
state board OF equalization between
September lRt ana october lbthi thqx
Arkansas Tax Commission shall md I'M
edualliea or want OF uniformity bel
tween the assessments In any county,
the commission may, In ltB discretion
either cdunl2e said assessments ITSELF
~ provided IN section 80 OF this Acti
or II may call n special session OF tho
board OF supervisors Of GBBeHBments OF
the county 90 sic both aa a board on
equalization and board OF revision and
appeals, AZ such special session tho
board OF supervisors OF 6esessments
may revise ana review tho assessments
OF the county and may r0lnO and re-
duoe the nHaoaamenta OF individuals and
corporations 10 the same extent ana Ia
the same manner as II In by this Act
authorized TO do at the regular Session
At said special session the board
fhall have ms full power to aft with re-
spaet TO the assessments or the county
MS II had at the regular session AZ
such special session, before tho assess
mont OF any taxpayer shall be in-
creased, such taxpayer or his agent
ahall be given Rt least two days notice
Of such proposed increase, The tax
payer may appear before the board slta
ting az n board OF revision and appeals
ana contest the proposed Increase IN HE
assessment In tho same manner as he
could Ht the regular session Appeal
may be taken from the decisions OF th6N
board OF HuperylHofA OF assessments
made ne special sessions IN tho same.
manner and by the same parties as this
Act provides for appeal 60 be takenv