Pocahontas star herald., 1912-06-28

county and that l will in all things
| faithfully observe the law in the dis
| charge OF the duties upon which | am
now about to enter as member OF
! the board Of supervisors of assess
! ments."
! Section G5, II any person shall be-
! gin any new business of any kind in
| any district or town in the county after
| the first day of February and before
| the first day of October, ii shall be the
| duty of the assessor 20 assess such new
| business in the same manner as he
| would have done had such business
| been i'm existence at assessing time. III
| such new business shall have been as
| sessed by the assessor before the first
| day of July ii shall be included in the
| regular assessment rolls submitted as
| hereinafter provided by the assessor to
| the board of supervisors of assessments.
| If such assessment be made between
| the first day of July and the first day
| of September, II shall be submitted to
the board of supervisors Of assessments
| to be passed upon by IL along with the
| other assessments of the county Prop
| erty in any way overlooked by the as
| SCISSOR, or omitted from the assessment
at the regular assessing time, rhall be
| assessed in the same manner as is prop
| erty put into a new business. No per-
| son shall be compelled to pay taxes
| twice on the same property for the same
| gtdls 4hhlltJ ilNtolth III u new buollltoo
| after February first, and included in
| the regular assessment of the person
| owning II on February first. shall not
| be included in the assessment of n new
business begun after assessing time.
| Section 66. The assessor shall, on or
before the first day of July make out
| in tabular form in book prepared for
| the purpose, statements of the names
| of the persons. firms, companies and
corporations whose lists he has taken
/ II. II L.
| sessed showing the political township
| or ward residence and also the post
! office address of each. Names shall be
| arranged in alphabetical order and by
school districts. There shall be listed
| in each school district all the personal
property taxable therein. In cases
| where towns and school districts are
| not coterminous and the school district
| includes territory not included in the
| town there shall be two statements ar
ranged in alphabetical order with respect
| to the names of the taxpayers, one Of
which shall include the names 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
| assessors books shall also contain
columns with appropriate headings in
| which to enter opposite the names of
| the taxpayers 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 column in which to en-
| ter the total of all property listed by
| the taxpayers and the assessor shall
| enter the proper amount in said columns.
| Said books shall also contain a column
| in which to enter the valuation as
| equalized by the board of supervisors
| of assessments; likewise a column in
| which the county clerk shall extend the
valuation as equalized by the Arkan-
sas Tax Commission. Said books shall
be filed with the county clerk by Sep
tember first
Section 81. The real and personal
| textbooks and all the lists and returns
to be made by the taxpayers as provided
| by this Act shall be turned over by the
| assessor to the board of supervisors of
| assessments when the board meets on
July 1st They. shall remain in the
custody of the board until September
| 1st, when they shall be by it filed with
| the county clerk in whose custody they
shall thereafter remain.
Section 6S. The clerk of the county
| court of each county shall on or be-
! fore the first day of February of each
of each county, an abstract containing
\ a description of each tract of land
| situated in his county with the name
| of the owner, If known, and the number
of acres or quantity of land contained
| therein, as the same shall appear upon
| the books of his office, and he shall com
mence the same in the lowest number
| in township and range in his county,
| and in the northeast corner in each
township and shall proceed numerically
| in all the sections, townships and ranges
in his county, first setting down all
the subdivisions of each section as they
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 50. The affidavits required
| by this Act to be made by the assessor
| (section ID and by the members of the
board of supervisors of assessments
(section 64) shall be entered in full on
the assessors books prescribed by sec
| tions Sc and IS hereof.
Section 10. The session of the board
of supervisors of assessments beginning
the first day of July, shall be for the
purpose of completing and equalizng
the assessments of the county. 1t shall
be the boards 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 the end that each tract or lot
of real property and each article of
personal property shall be assessed at
it's true and full value in money In
performing its duties in completing and
equalizing the assessments of the county
the board shall proceed under the fol-
lowing rules:
1. 1t shall raise the valuation of each
tract or lot of real property which. in
| its opinion. is assessed below its true
and full value in money to such sum as
it believes to be the true and full value
thereof.
2. 1t shall reduce the valuation of
each tract or lot which, in its opinion,
is assessed above its true and full value
| in money to such sum as it believes to
be it's true and full value.
3. 1t shall raise the valuation of
each item of personal property which,
in it's opinion, is assessed below its true
and full value in money, to such sum
| as it believes to be the true and full
value thereof, and it shall raise the ag-
gregate valuation of all the personal
property of each individual. firm or cor
| poration, when IL believes that such ag-
| gregate valuation is below the true and
| full value of the personal property be-
| longing to such individual, firm or
| corporation TO such sum as ii believes
to be the true and fun valuation thereof.
4. 1t shall reduce the valuation of
each item of personal property which,
in its opinion, is assessed above its true
| and full value to such sum as 1t be-
| lieVes to be the true and full value
thereof. II shall reduce the aggregate
valuation of the personal property of
any individual, firm or corporation to
such sum as in its opinion is the true
and full value thereof.
5. 1t shall place upon the taN-boOks
any omitted items of personal property