Pocahontas star herald., 1912-07-05

| it's opinion may be necessary 10 the per
| formance Of its duties as herein pro
| vided In boards consisting OF three
| members two shall constitute quorum
! i'm boards consisting of rive meHpel >
| three members shall constitute quorum
Section u. The clerk of the poafa
| shall keep, in a book provided Lor una
! nurnose n record OF the proceedings OF
tLo hoard said record shall show the
| items of personal property and parcels
of real estate whose ValuauoHs tue
! hoard has changed. Before the tltteehth
! day of August or before adjournment l.
provided the board adjourns DeLore tne
! fifteenth day of August, the clerk OF
the board shall prepare written or
| printed notice Of each increase In Valud-
| lion made by the board. Such notlce
| shall show each item of personal prop
erty or parcel Of real estate whlch the
| hoard has assessed or whose Valuation
| n has increased; also the valuation as
| originalIv made and the valuation the
| board has placed thereon. Such notlce
! shall be signed by the chairman and the
1 clerk of the board. 1t snail pc SetNeu
! on the owner of the properly whose
| assessment is affected. or his agent,
| either by the clerk in person or 1t shall
| he sent by, mail to such person or agent.
The notice shall warn the person attect-
| ed TO appear at a session of the boafq
| of Supervisors of assessments TO De
| begun and held on the Fifteenth day OF
| August following, and show cause why
| such increase in valuation shall not De
| made.
Section 73. On the fifteenth day of
| Aupnst each year. the board Of super
| visors of assessments, with the county
| Judge as eX-offiCio member ana as
| chairman thereof, shall meet as board
| Of revision and appeals for the purpose
| oF hearing complaints that taxpayers
| NAV have to make because of the un-
| dnrva aluation or generalization Of prop
| erty. Such sessions may continue from
| day to day until the first day OF Sep
| tember, if the board does not sooner
| complete it's work. At such session the
| hoard shall be governed by the follow
ing rules:
/ 1t shall hear and consider no evil
| dence unless the witnesses are sworn
as witnesses are sworn in court OF
justice.
the valuation placed upon their prop
| erty by the assessor or by the board
| sitting as a board of equalization may
| appear in person and by attorney and
| offer any legal evidence they may have
touching the justice or legality OF the
| proposed increase in the valuation OF
their property
3 The county and State may appear
either by legally appointed attorney or
by the prosecuting attorney or his
4 If taxpayer is of the opinion
| that another taxpayers property is un-
| deryalued he may appear before the
board and make complaint and 1t shall
be the duty of the board to adjust all
| assessments so complained of in such
| manner as the facts may warrant
s. II it should develop at the hearing
| or in any other way that items of per-
| sonal property or parcels of real estate
are assessed below their true and full
value in money, the board shall raise
| the valuation of such undervalued prop
erty TO its true and full value in mon
| ey. first giving the owner of such prop
| erty notice as is provided in section 72
| hereof. to appear and show cause why
such raises should not be made.
| G. 1t shall not be considered as a
| around for reducing the valuation OF
the property of the taxpayer that ad-
| ioining property or that other property
| in the county is assessed below its true.
full and prOportionate value in money
| or Is not assessed at all. but such other
| undervalued property shall be by the
board increased in valuation to its true,
full and proportionate value in money,
or properly assessed. as the case may
| be.
7. By a vote of a majority of the
| hoard any contested assessment can be
| reduced or raised as the evidence In
troduced at the hearing may justify.
| SeGtlOn &.
| tion 73 hereof to give objecting tax
payers the full period from the fifteenth
| dav of August to the first day of Sep
| teuber to appear before the board and
| object to the raise in valuation of thei-
property as fixed by the board sittii
as a board Of equalization or by the
| assessor as provided in section So hereof
! If the board shall have completed the
consideration of all hearings before il
| earlier than the first day of September
| il shall adjourn over until such day Sc
as to give the taxpayers the benefit of
the full period above stated for con-
| testing proposed increases in valuation
Section 70. The valuation of all
property as fixed by the assessor or by
the board of supervisors of assessments
| sitting as an equalization board shall
| be deemed and held to be the true and
full value of such property unless by a
vote of a majority of the board of su-
pervisors Of assessments sitting as a
| board of revision and appeals the same
shall be changed
Section 76. When the board of su-
| perVisOrs Of assessments has completed
| its work as a board of revision and ap-
peals, the clerk Of the board shall enter
in the assessors real and personal tax
| books, in a column provided for the
purpose. the valuation. as euualized. of
each item of persc"- property and
parcel of real estate lose valuation
| has been changed by ic board.
Section n. On or before the first day
| of September each year. the assessor
| shall make out and deliver to the clerk
| OF the county court, a report in tabular
| form in the book TO be furnished him
! by the clerk, as prescribed in section
| 6S hereof, statement of the amount
| description and value of real property
| subject to be listed for taxation in his
county and the amount and description
saF oil Loo 10 IL
! states and to the State of Arkansas
also. of all other lots parcels or tracts
| of land exempt from taxation which
| return shall contain:
l. The names of the several persons
! companies or corporations in whose
| name the several tracts of real property
| other than the property situate in in.
| COrpOrated cities and towns, In each
| congressional township within his coun.
| ty. shall have been listed. and in ap.
propriate columns, opposite each name
the description OF each tract by sections
or the largest subdivision Of which the
! same is capable, designating the mum.
Der or the section and the part thereof
and the congressional township or sur.
! VeY ana the value of each tract de.
termlned by the assessor, lands belong
| ing TO the United States or to this
state not to be valued
z. The names OF the several persons
| NN''P"i' Z" VI COMPUTATIONS IN whose
names the several lots of real property
IN each town or city in his county shall
have been listed and in appropriate
columns opposite each name the de.
Scrlpuon or each lot and value as de.
termined by the assessor, and such de.
scription shall designate the town OF
CITY, the number of lots and parts there.
OF; and If part Of lot is listed il shall
state the number of feet along the prin.
clpal street on which it abuts. If the
name OF the owner of anv tract or lot