The Huttig news., 1912-06-01

money, and not at what 1t would prins at auction or forced sale, so help ihe God. -., ,,
 .................... Assessor.
 sworn to and subscribed before me this ........ day of .........'. ,-; I9li
 ..............-.. ..'...+. '''N Niei N
 Section 7s. The assessor shall prepare recapitulation by school districts oA the personal property in each district Said recapitulation shall show the az gregate value of each of the several classes of personal property in the ols- trict and the total value of all the per sonal property therein, and the Iotal value of the several classes of per, sonai property and of the personal property in the county. Likewise the recapitulation shall show the total value of the real property in each school district.
 Section 79 The board or supervis- ors of assessments sitting either as an equalization board or as board or re- vision and appeals shall hold it's meet ingS at the court house at the county seat unless better to facilitate the work it shall be deemed advisable to hold sessions in other places in the county. The minutes of the proceedings of the board shall show at what places the session of the board is held.
 Section S0 At the same time the as sessor files with the county clerk the records prescribed by sections 66 and IT hereof he shall prepare an abstract of the assessment rolls of his county as provided for in section IS hereof. and forward it to the Arkansas Tax Commission Such abstract shall be made upon forms prepared and furnished by the Tax Commission and shall give the information asked by the commission under the various subjects fully and completely as required.
 If any assessor shall refuse CT neglect to prepare an abstract of the assess ment rolls of his county and forward Xt.- s.s.x quired herein. he shall forfeit his office and all fees to which he is entitled for making the assessment of said county.
 Section S1. Section II of Act 257, approved May 12. 1909. shall be amend ed so as to read as follows:
 Section II. It shall be the duty of the commission and it shall have power and authority:
 1. To have and exercise general and complete supervision over the assess ment and collection of taxes. including eNe:fyn. franchise inheritance and liqYor license taxes, and the enforcement of the tax laws of the State. and over the several county assessors. tax collectors board of supervisors of assessments and other officers charged with the assess ment and collection of taxes in the several counties of the State to the end that all assessments of property in the State shall be made in relative pro- portion to the just and true value there of in substantial compliance with the
 
 several agencies be collected
 2. To confer with and advise assess ors and boards of supervisors of assess ments as to their duties and give neces- sary instruction and directions to as sessors and boards of supervisors of assessments.
 3. To direct proceedings. actions and prosecutions to be instituted to enforce the laws relating to penalties incur red for violating the laws relating to the assessment of property and colIec- tion of taxes: also to direct prosecutions to be instituted against persons and agents or officers of corporations for failure or neglect to comply with the provisions of the statute governing the return. assessment and taxation of property also to cause complaints to be made in the proper courts looking to the removal from office of assessor and members of the board of supervisors of assessments for any official misconduct or neglect of duty of which such officers may be guilty.
 4 To require the Attorney General and the several prosecuting attorneys of the State to assist in the commence ment and prosecution or actions and pro- ceedines for penalties. forfeitures over due and unpaid taxes. removals and pun ishments for violations of the laws of the State Tn respect to the assessment and taxation of property. or to repre- sent the commission in any litigation in which it may become involved in the discharge of it's duties
 5. To require assessors, county clerks clerks of the circuit court. collectors and other county and state officers to report information as to the assess ment of property. collection of taxes receipts from licenses and other sources the expenditures of public funds for all purposes and such information as may be needed or desired in the work inn posed upon the commission by this Act such information to be furnished upon such forms and upon such blanks as the yfl is. .Ct tny1 fb4
 6. To make and prosecute such re search and investigation as to the detailed properties of corporations. the business income, reasonable expenditures. net earnings and true values of the fran chises of all public service corpora tions doing business in this State as will en- able the commission to ascertain fair and equitable basis of assessing same and of making and recommending proper legislation to the Legislature from time to time. and to direct the local assess ing officers in assessing such proper ties.
 '. To require individuals firms and corporations to furnish information con corning their capital funded or other debts, current assets and liabilities value of property, gross and net earnings operating and other expenses. taxes and other charges and such other facts as may be needful and desirable to en- able the commission to ascertain the value and relative burdens of taxation borne by all kinds of property in the State.
 &. To cause the deposition. of wit nesses residing within or without the State. or absent therefron to be taken upon notice to the interested parties in like manner as depesitions are taken in civil actions pending in the circuit or chancery court in any matter which the commission shall have authority to investigate and determine
 9. To investigate the tax systems of other states and countries and to formu- late and recommend such legislation as may be deemed expedient to prevent evasion of the assessment and tax laws and to secure just and equal taxation throughout the State 10. To prescribe and prepare all necessary interrogatories and questions to be answered by taxpayers and persons or each county. and the forms upon which the lists prescribed by this Act are to be made.
 II. To consult and confer with the Governor and Attorney General of the State upon the subject of taxation, ad- ministration of the laws relating thereto, and the progress of the work of the commission, and to furnish said officers from time to time such information and assistance as they may desire. 12. To transmit to the Governor and to each member of the General Assem- bly,, thirty days before the biennial ses- sion of the Legislature the report of the commission covering the subject of assessments and taxation in the State together with such measures as may be formulated for the consideration of the