Sharp County record., 1912-05-31
roR ACT NO. !,
.GAINsT ACT NO. l.


acted BY the General Assem-
the State Of Arkansas: tho
bacted by the People OF 'ne
All property in this state,
personal, tangible and lntan.
EXPRESSLY by this Act
therefrom, shall be supJect
IN I'M in tbe manner by this ACT
All property described IN
lon to the extent nereili nm, 20
be exempt from taXatioh' "
schoolhouses, academies, col
iversities and seminaries ol
with the books and furniture
Ind the ground attached TO suen II
and necessary for the proper
% Use and enjoyment; this
does not extend to properly
otherwise used with vie"
houses used exclusively for
|orsbip, and so much or the iots
Of lots upon which such houses
ted ais may be necessary. Tor tne
6,se occupancy and enjoyment
such exemption shall not IN
pv nroperty leased or IN any
Ised with view to proflt.
lands used exclusively 1oI
Eds, except such as are nnsas ,oae
view to profit or Tor PURPOSES
b,lation in the sale thereof
nroperty, real and personal,
liz to the United States or u
r. property belonging exclusively
Icounty, city, town, school dls,
Improvement district held anu
Id exclusively ror pupllc pur-
hi buildings belonging to institu-
1 public charity, including orphan
4. houses for the indigent anu
hospitals, together with the ianus
q occupied by such institutions
Ssed or otherwise used with
4 profit, and all supplies. furnl-
|nd personal property OF every
hcluding moneys and credits APP
[ted solely to sustain and belong
elusively to such institutions
In fire engines and other appass
llsed for the extipguishment OF
with buildings used exclusively
fe-keeping thereof, and Tor the
i Of fire companies, whether Pc
10 any town or TO any lire
" organized therein -,
M public libraries and all real
,rsonal property belonging TO OF
ted with the same
M property belonging TO camp
We meeting associations, sunday
assemblies, Young Mems Chris
societies for religious
tIon or worship, expressly dedi-
nd necessary for their proper oc..
" use and enjoyment, ana not
or otherwise used with q view
'it.
All property belonging to ana
for the purposes ot any
district or county agricultural
or Industrial exposition.
All public market houses, squares,
and other public ground owned
sod exclusively for public pur.
and all works. machinery and
= belonging to any town, ana
for conveying water
town, or supplying said town
MS or electricity, not leased or
Iso used with u view to profit
on 3. Real property, for the
es Of taxation. shall be construed
ide the land itself and all build
structures and improvements or
ixtures of whatever kind thereon,
rights, privileges and franchises
by this Act otherwise provlded),
belonging or In anywise per-
; also all trees growing thereon,
| mines, minerals, quarries or
thereon or hereunder,
on. 4. Personal property for
~ OF taxation shall bc construed
udc;
Il goods, ohattcls, moneys and
Il steamboats, and other water
mployed IN navigating the waters
wholly or partly within this
and all capital belonging to the
ants of this State, invested In
bats, steamships or other water
located without this State; pro-
.he same IL not taxed by another
T sovereignty.
II improvements made by others
Ands the fee Of which In stu
IN the United States or this
md all improvements and other
res, upon lands the titles of
are vested III any railroad COM
other corporation whose prop
not subject 10 the aamo mode
ton ~ other property,
II stocks of nuraorymen and
:, growing or otherwise,
II gas, oil and water mains,
subways wherever To-
all tracks, roads and bridges of
railways, turnpike and bridge
leS, and all poles, wires and
pporatus OF telegraph and tolo-
lines,
redlts OF every kind over and
lcbts owed by tho creditor,
ne income or every annuity, un-
capital OF the annuity bo taxed
state,
II public stocks, bonds and So
Of every kind,
j personal property situated IN
tie, OF corporations, whether tho
thereof reside In or out of this
MI shares of stock In banks, or.
under tho laws Of this State or
United States.
he capital stock, undivided prof.
! oil other means not forming
tho capital stock OF every com
'hothor Incorporated or unlncorr
IN ., In tho construction of this
following rules Will be 0bserv-
'sH such construction would be
tent with tho manifest intens
the Legislature, or repugnant to
toSti
'ereon" shall include firm com.
! corporation
no term oath wherever used
Aet shall DO held TO mean "oath"
very word In this Act denoting
seulihe gender shall extend and
. females as well hs males,
customs receivable from the
states, or from any State, sal
! payments excepted. shall not
10 20 annuitleg within the
of this Act,
Town" shall be held TO mean
wh or village if laid out In lots
" hs prescribed by law, whether
'nteu or not, and district shall
to menh school district"
'fnet" Tot" "pnrcol' or apIeooo
shall be held 10 mean anv eon.