Pocahontas star herald., 1912-07-05

at tho place whore the property IS To-
cnted. provided, that all moneys crelits'
investments I'm stocks and bonds or Suyn
persons under guardianship shall pe
iisted at the place where the guardian
or curator resides A.,
SECTION As. Personal property In the
hands Of an assignee, receiver lrustve
in bankruptcy or other court OIL licer,
shall be listed ard taxed at the place
of listing before the appointment OF
such assignee, receiver, trustee or otEer
officer. IN
Section 46. When any person shall
settle, or any association or corpora
tion shall organize IN any county OF
this State and bring personal proper ~
therein after the first day OF fepruary
and prior TO the first day OF OctoDer
in any year Il shall be the duty OF the
assessor to list and return such property
for taxation that year, unless the owner
thereof shall show to the assessor, under
oath, and by producing copy or lhe
assessment, duly certified by the proper
officers Of State or county In Whlch
said property was assessed, that the
same property has been listed for taxa
tion for that year in some other county
in the State. or in some other state OF
Territory of the United States, If such
property is brought within any county
after the assessor has made his returns
for that year TO the county clerk the
assessor shall at once assess such prop
erty and return the same to the county
clerk and the same shall be entered by
the county clerk on the textbooks ana
collected as in other cases.
Section Al. If any person or thls
State after his personal property mas
been assessed and before the tax thereon
is paid. shall sell all of the same ana
not retain sufficient to pay the taxes
thereon, the tax for that year shall be
a lien on the property so sold. The
one owing such tax shall be civilly
liable 10 any purchaser of such property
for any taxes he owes thereon, but the
property so purchased shall be liable in
the hands of the purchaser or purchas-
ers for such tax; provided, however If
the property be sold in the ordinary
course Of mercantile trade, II shall not
be so liable in the hands Of the pur-
chasers.
Section As. II the property of any
taxpayer be seized by legal process so
ms not 10 leave sufficient amount ex-
empt from the levy and sale to pay the
taxes, then the taxes on the property of
such taxpayer shall at once fall due
and be paid from the proceeds of the
sale of the property so taken on such
process, in preference to all other claims
Section 40. When any person is about
TO remove his property from the State,
after the same has been assessed and
before the taxes thereon have been paid,
without leaving sufficient remaining for
the payment of the taxes thereon, the
tax shall at once become due and pay
able, which fact shall be determined by
any court of competent jurisdiction in
an action brought in the name of the
State, for the use of the county, against
the owner or reputed owner of such
property. which court may render
Judgment thereon, and enforce the
same by execution. Attachment may
Issue as in other cases, but without
bond, and II shall be enforced as in
other cases.
Section so. If property subject to
tnxatien be sold seized or attempted to
be removed as provided in sections A.,
4s, and 20 OF this Act, before the county
clerk has turned over the tax-books for
that year TO the collector. then If the
assessors books be in the assessors S
hands, he shall furnish the collector
Che assessment of that person; but If
the party has been assessed and the as
SCISSORS books be in the hands of the
county clerk, then the county clerk shall
furnish to the collector the assessment
of that person, and the collector shall
at once levy on the property so return
ed to him the percentage Of tax levied
in that county for the previous year
and collect the same as In this Act
provided Should the percentage thus
collected exceed the rate levied for the
current year such excess shall be re.
turned TO the person entitled thereto
by the collector upon the order of the
county court.
Section OIL. In case of doubt as to the
listing of personal property or where
IL cannot be listed as in this Act pro-
vided, II between places in the same
county, the place of listing shall be de-
termined by the board Of supervisors
of assessment and If between different
counties, or places in different counties,
by the Arkansas Tax Commission; and
when determined in either case shall
be as binding as If fixed by this Act.
Section So. Whenever the assessor
shall be of the opinion that the person
listing real or personal property for
himsqf or for another person firm,
company or corporation has not made
a full, 'fair and complete list thereof, or
has valued any property at less than its
true and full value in money, he shall
examine such person at length under
oath. He may also call before him any
other persons having knowledge of the
property Of the party whose assessment
is questioned and examine such persons
under oath with respect to such prop
erty
IT, after making such investigation
or at any time before the textbooks are
turned over to the board of supervisors
of assessments, after the assessment
has been made the assessor is of the
opinion from such evidence as may be
discovered by him that the party MAX
ing the list has omitted any items or
has listed any real or personal property
below its true and full value in money,
u shall be his duty to ignore the valua-
tion as returned and assess such omit
ted items or such parcels of real eS-
tate at Its true and fun value in money;
likewise II shall be his duty to raise
the valuation of any real or personal
property which may have been under
true and full value in money. In case,
however, the assessor shall change the
valuation Of the property of any person
ms fixed by the person himself he shall
notify such person in writing of such
change. Such notification shall be
made before the second Monday in Au-
gust of the year for which the assess
ment is made.
Section SO. Each person required by
this Act to list property for taxation
shall, by himself or agent, attend al
one of the places in the proper town
5hlp' liked by the assessor for making
assessments in such township and list
the property, real and personal by this
Act required If any person shall fail
TO attend at one of such places and list
the property. he may appear before the
assessor at some other place in the
county within ten days after the last
day fixed for making the assessment in
such township and make the list oI
lists required Of him by this Act. Should
the person not appear before the as.
SCISSOR and make the list within ter
days he shall be deemed TO be a delin.
quent and a penalty Of one dollar. halt
OF which shall go to the assessor and
the other half to the common school
fund, shall OF once accrue The as.
SCISSOR shall, SIS soon as practicable
either by himself or deputy, visit the
office. usual place OF business or resi-
dence Of such delinquent. provided h,
can be found in the county, and demand
a list OF the property required to bt