The Forrest City times., 1912-06-07

p'HIaHus d statement or the description and value of the property which, he may be required to list. and that l will not Tn any way connive at any violation or evasion of the law with respect to tn. listing or valuation of any property of any kind for taxation"
 Any assessor who falls to take the oath herein prescribed within the time prescribed shall be deemed to have va eated the office of assessor. and the clerk of the county court shall at once notify the Governor of such vacancy
 Section 12. The assessor shall 1T. praise and assess the real and personal property of nis county i'll such manner and at such time as this Act shall pre- scribe. He shall appraise and assess all property subject to taxation in his county except such property as the law may make tt the duty of the Arkansas Tax Commission to appraise and as sess.
 Section 13 Each assessor shall as sess the property of his county between the first day of February and the first day of July each year For the pur- pose of making said assessment he shall visit each township in the county and shall devote at least three days to the work of assessing the property of each township He shall fix one or more public places in each township most convenient to the taxpayers of the town ship at which he shall attend for the purpose of taking the lists of the tax payers and assessing the property. He
 
 place at which he shall attend by post ing at least six printed or written mo- ttces in as many public places In each township He shall provide himself with blanks as hereinafter prescribed for taking the list of the taxpayers.
 Section 14. Every person who owns or controls property or any kind or Who is by this Act required to assess property. shall attend at the time and place provided by sect:on I3 hereof, and make and file with the assessor complete ilst or lists of property he is required to list.
 Section Is. For the years 1911 1912. and 1913, and thereafter each odd num- bered year. real estate shall be assessed, each parcel of real estate shall be as sessed at its true and full value in money Each person required. under section l4 of this Act, to list property snail attend at one of the places in the township in which the real estate to be assessed is located, fixed by the sessor and shall. under oath administer ed by the assessor or his deputy. fix the value of each parcel of land owned by him or which it is his duty to list. lie shall also. if the assessor demand It. TX the value of the timber on any tract of land. also the value of aay mines, minerals. fossils. quarrIas. springs, or anything else on the land that gives special value.
 If the surface of the land is held by one person, and the coal iron or any other minerals. mineral water, gas or oil under the surface by another person. or if the timber located on the land is. heId by another person. the estate there Tn or each and the relative value of their respective interests, shall be ascer- tained by the assessor and each interest shall be assessed separately.
 section l6 Every merchant shall make and file with the assessor a list in which he shall set forth distinctly.
 l. The average value of merchandise carried in stock during the year i'm mediately preceding the first day of tehruary of the year in which the sessment is made; if he has not been in buSlness for year then he shall take Inc average value during such time lie has been so engaged; if he be commence Ing business then he shall take the value of the merchandise in stock at the time of the assessment No deduction shall be allowed because any part of the goods carried have not been paid for MI goods carried on cons. gnment shall be included
 ,. The value of credits as defined in paragraph l3, section ,, hereof. belong ing to him and pertaining to said busi- ness on the first day of February of the year for which the assessment was made.
 3. The value of the furniture and fixtures used in said business.
 1 The value of money, including bank deposits or deposits with other merchants in or out or the State on February first
 5. The value of all horses mules and other live stock used in said mer- cantile business
 6 The value of ar wagons. carts ar other vehicles employed in said busi- ness.
 | The value of all other personal property not falling within the class of one of the above items employed in said mercantile business.
 Section IT. Every person or com panN engaged in the business Of reeeiy- ing property in pledge. or as security for money or other thing advanced to Pav-nfr sv ptedEor. shall arraal!,- at the time by this Act prescribed for the as sessment of personal property. return. under oath. all property pledged to and held by him as d pawnbroker to the as SeSSor of the proper county who shall list and assess the same to such pawn broker al its true and full value. Pawn brokers shall make. return on the lists prescribed by law for merchants
 Section IS. Every person engaged in the manufacturing business shall make and filed with the assessor a list in which he shall distinctly set forth.
 The average value of all materials purchased. received or otherwise held for the purpose of being used in whole or in part in any process of manu- facture. Said average value shall be for the year immediately preceding the first day of February of the year for which the assessment is made
 2 The average value of all finished products carried the year immediately preceding the first day of February of the year the assessment is made
 .. The value of all engines boilers and other machinery, implements or tools used in such manufacturing busi- ness on hand the first day of February
 1 The value of credits. as defined bv paragraph 13. section 5 hereof carried on the books of said manufacturing business the first day of February the year the assessment IS made.
 2 The value money hand Or deposited in banks or with other persons in or out of the State the first day of February
 6 The value of office furniture and fixtures and such other furniture and fixtures as may belong 10 the business.
 | The value of the live stock be- longing to said business or being used therein
 S The value of all wagons. carts or other vehicles used in said business or belonging 10 it
 2 The value of all other personal property not falling within either of the above classes Seing used in said busi- ness
 Section le Every lawyer. physician dentist. surgeon. chemist. veterinary surgeon. architect. abstracter of titles contractor of any kind. or civil engineer