Pine Bluff daily graphic., 1912-07-06
FOR ACT NO. l, AGAINST ACT NO, ],

Be it Enacted by the General Assem-
 ply of the State of Arkansas
 Be it Enacted by the People of the as State of Arkansas:
 s8 section l. All property in this State
 feat and personal tangible and intan- gioie. not expressly by this Ae, s# exempted therefrom. shall be subi-r1 ito taxation in the manner by this Act fa aprescribed.
 Section ?. All property described il, Ss tnls section to the extent herein limit
 ed. shall be exempt from taxation, to %Wit:
 Z l. All schoolhouses. academies. col
 ieges universities and seminares oi
 learning, with the books and furniture X therein. and the ground attached to such @ Buildings, and necessary for the Drope. x occupancy, use and enjoyment; this , provision does not extend to property ceased or otherwise used with d view ito profit.
 l ?. All houses used exclusively for public worship. and so much of the lots sHor parts of lots upon which such houses gre situated as may be necessary for the Y proper use, occupancy and enjoyment of same; such exemption shall not in
 clude any property leased or in any manner used with q view to profit. g. All lands used exclusively fo, graveyards. except such as are helu with view to profit or for purpose. #of speculation in the sale thereof X. 4. All property real and personal belonging to the United States or to this State
 5, All property belonging exclusively s to any county, city. town, school dis 5strtct or improvement district held and 2 employed exclusively Tor public pur poses.
 s# 6. All buildings belonging to institu- lions of public charity, including orphan asylums. houses for the indigent amt public hospitals. together with the lands actually occupied by such institutions not leased or otherwise used with a view to profit. and all supplies. furni- ture and personal property of every kind. including moneys and credits ap appropriated solely to sustain and belong ing exclusively to such institutions.
 7. All fire engines and other appa- ratas used for the exttnguishment of fires, with buildings used exclusively for safe-keeping thereof. and for the meeting of fire companies, whether be longing to any town to any fire company organized therein.
 8. All public libraries and all real and personal property belonging to o, connected with .the same. g. All property belonging to camp or grove meeting associations, Sunday School assemblies, Young Mems Chris tian Associations, societies for religious cated and necessary for their proper oc- cupancy. use and enjoyment. and not leased or otherwise used with view
 10 All property belonging to and used exclusively for the purposes of any State, district or county agricultural society or industrial exposition.
 II. All public market houses squares parks and other public ground owned and used exclusively for public pur- poses and all works, machinery and fixtures belonging to any town, and used exclusively for conveying water to said town. or supplying said town with gas or electricity, not leased or otherwise used with a view to profit
 Section 3 Real property. for the purposes of taxation. shall be construed stO include the land itself and all build ings. structures and Improvements or other fixtures of whatever kind thereon. and all tights. privileges and franchises -(unleSs by this Act otherwise ptovidedJ thereto belonging or in anywise per taining; also all trees growing thereon, end all mines. minerals, quarries or 1ossiis thereon or hereunder. ...',. .,s.
 Section. 4. Personal property for purposes Of taxation shall be construed to linclude; - st
 T. All goods. chattels. moneys and effects. | ~ VT
 P. All steamboats and other water craft employed in navigating the waters lying wholly or partly within this 6tate, and all capital belonging to the Inhabitants of this State. invested in steamboats. steamships or other water craft. located without this State; pro vided, the same is not taxed by another State or sovereignty. , @...,...
 sS. All improvements made Ay others upon lands, the fee of which is stilI vested in the United States or. this State. and all improvements and other structures. upon lands the titles of which are vested in any railroad com pany or other corporation whose prop erty is not subject to the same mode of taxation as other property. s.- |. All stocks of nurserymen and Florists, |, growing row. g, or otherwise.
 All gas, oil and water mains. scated; all tracks, roads and bridges of street railways. turnpike and bridge coMpanies, and all poles wires and other apparatus of telegraph and tele- phone lines.
 6. Credits of every kind over and above debts owed by the creditor. 2 ~ The income of every annuity, un- in this State.
 N S. All public stocks, bonds and se- curtties of every kind
 x 9.% All personal property situated in this State, of corporations. whether the owners thereof reside in or out of this State.
 10. All shares of stock in banks. or gani.ed under the laws of this State or of the United States.
 H. The capital stock. undivided prof lts,and all other means not forming part of the capital stock Of every com pany whether incorporated or unincor- pOyated.
 6ection 5. In the construction of this Actfhe following rules will be obsery- edK inless such construction would be 1ncohsistent with the manifest inten- tiorSof the Legislature, or repugnant to theScontext:
 # Person" shall include firm. com pany or corporation.
 2. The term oath" wherever used in this Act shall be held to mean oath Tor saffirmation."
 S%ss S.S Every word in this Act denotinp th0s masculine gender shall extend and apply to females as well as males. .$ A.S Pensions receivable from tha United States. or from any State, sal saries or payments excepted shall not |be held to be annuities within the |meaning of this Act ke s. Town" shall be held to mean |pity. town or village if laid out in lots pr blocks as prescribed by law. whether Ebe held to mean school district"
 Tract, lot" parcel or piece. Sf land shall be held to mean any con
 iguons quantity of land in the posses
 Ion of. owned by or recorded as the Droperty of the same claimant or per Ion.
 q. "True and full value" shall mean
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