The Forrest City times., 1912-06-07


 faithfully observe tre IaE Iu the tIs- charge os the duties 1pou which I arr now about to enter a ube- af the board ot supervisors cf assess
 Section s5. r any person shall h. gin any new business - any Elaa 5z any district or town n the county after The first day = FebFaaTy. and before fhe first day 3f October r shall ha ,Hs duty of tEe assessor tH assess S1=H ra1 business iH t-e sane manner aS Ee would have done had such bus. ness been Ia extsterre at assess uE tfue r such new business shan have h4en as sessed by the assessor before tae first day Of July f shall a@ Izelzasa &n tH4 regular assess IleEr rolls submitted aS re-et-after provided by The assessor ta The board at s4rerFz zsaFs ef assess aezts IT such assessment b- made between tnr ftT~f gaF Of July and tGe first ia r of Septer11 per lt shall De submitted fa the board 0f supervisors 1f assessment ts 70 ne pass@I upon by ' along with tEe erty in any way overlooked by the as sessor or omitted from the asses Suent at the regular assessing time shall be sss@sset in the same manner as ts prop erty put iut0 new business No per son shah be compelled to pay taxes twice on the sane property to- tEe sane year Money Invested in nev business after F~bF9zry first and snrfz41ed f- the regular assess -rezt - the person owning it on February first zsaa nat he Included IT th- aSSeSSneut 5f new
 
 Section ss- The assessor snail s- or before the first day of July uak3 58f n tabular form iu book prepared for ne purpose statements = the names of the persons firms companies and corporatt1rs whose lists he has taken and whose personal property he has as s4Ssed Sh'WinE the political township or ward residence ard aIso the post [ office address of each. Names shall De arranged in alphabetical order and bV school districts. There shall be listed in each school district all the personal property taxable therein. Tn cases where towns and school districts are not eoterninoIs and the school district . includes territory not included n the town there shall be two statements ar ranged Tn alphabetical order with respect to the names Of the taxpa yers one af [ which shall Include the na mes of the taxpayers residing in the town and the other Of which shall include the names Of the taxpayers residing without the town but in the school district The assessor books shall also conta T columns with appropriate headings in ' which to enter opposite the names Of the taxpaye-s the value of the several classes of personal property required by law to be listed Each list taken by the assessor shall be entered upon the books separately and the assessor shall enter opposite each name in the proper column the value Of each of the several classes of property listed There shall also be a column in which to er- ter the total of all property listed bv the taxpayers and the assessor shall enter the proper amount in said columns. i Said books shall also contain column l in which hp enter the valuation ss eeualized R the board board Of supervisors which the county clerk shall extend the valuation as capitalized by the Arkan- sas Tax Comnis ission Said books shall ] be filed with the county clerk by Sep l tember first
 1 Section s7 The real and persona ] -A all | to be made by the taxpayers as provided l by this Act shall be turned over by the a assessor to the board of supervisors of i easements when the beard meets or July 1st They shall remain in the l custody Of the board until Septeuber lst. when they shall be by | filed wIth the county clerk in whose custody thev shall thereafter remain.
 Section ss The clerk of the county ] court of each county shall on or be ] fore the first day of February of each year make and deliver 10 the assessor ! of each county, an abstract containing a description Of each tract Of land 1 situated in his county with the name l of the owner. 1T known. and the number Of acres or quantity of land contained therein, as the same shall appear upon the books of his offre and he shall com l nnence the me in the lowest nurnher in township and range Tn his county and in the northeast corner Tn each township and shall proceed numerically in all the sections. townships and ranges i in his county. first setting down al! the subdivisions of each section as thet belong to different individuals. or the whole section together if owned by one ! person and not divided on account Of parcels being of different values.
 Section e The affidavIts required 1 by thls Act 10 be made by the asse sor | section l11 and by the members of the | board of supervisors of assessments tsection 64J shall be entered in full on the assessors g books prescribed by sec tions s6 and 6S hereof.
 | Section 70. The session of the hoard | of supervisors Of assessments beginning the first day Of July, shall be for the purpose Of completing and equaltZine the assessments of the county It shall be the board $ duty to examine care fully in detail the assessments Of real and personal property as made by the assessor. Members of the board shall examine and compare the returns of as sessment of property Of the several towns and districts and equalize the same to tf-e end that each tract or iot of real property and each article of personal property shall be assessed at it's true and fuIl value in money In performing it's duties lu completing and tequalizing the assessments of the county the board shall proceed under the fol- lowing rules
 II shah raise the valuation of each ! tract Gr lot of real property which ir its opinion. is assessed below it's true and full value in money 10 such sum as Il believes 10 be the true and full value l lf+t-t c5i
 Y shall reduce the valuation = each tract or lot which in its opinion iS assessed above it's true and fun value in morey to such sum as t believes | be It's true and full value
 2 II shah raise fhe valuation of each item Of personal property which in it's opinion. is assessed below its trfIe and full value in money. To such sum us Y believes to be thc true and fulI value thereof and f shall raise the ag gTegate valuation of all the personal property of each individual. firm or cor poration. when it believes that such az Ereeate valuation is below the true and full value Of the personal property be- II longing to such individual. firm or .i corporation to such sum as T believes to be the true and fuu valuation thereof
 IL shall reduce the valuation of each item of personal property which in it's opinion. is assessed above it's truf and full value to such sum as | be lteves 10 be the true and full value thereof II shall reduce the aggregate | valuation of the personal property et any individual firm or corporation te such sum as Tn its opinion Is the true and full value thereof
 II shall place upon the tax hooks any omitted Items of personal property . subject 10 taxation provided S1#ah items