The Harrison times., 1912-06-08

keeping accounts provided by law or
by the commission
Section So. Section 10 of Act 257 Of
the Acts of 1909, approved May -, 1909.
shall be amended so as to read as fol-
lows:
Section p. The Arkansas Tax Com
mission as hereby created shall cOnsu-
tute a State board of equalization ana
shall equalize the valuations and as
sossments Of property throughout the
state. II shall meet at the State capital
on the first day of September of each
year for the purpose or equalizins the
assessments Of the real and personal
nroDerty Of the State. The commits
sion as q State board of equalization
NAV in its discretion sit al any other
place in the State it may deem advisable,
for the purpose of making investiga-
tions or granting hearings relating to
the work Of equalizing the property Of
the State. The session Of the commission
as state board Of equalization shall
continue from the first day of Septem-
Der TO the fifteenth day of October each
year As a State board OF equalization
the Arkansas Tax Commission shall
have the following powers and shall be
governed by the following rules;
+ TO hear appeals from individuals,
firms and corporations from the orders
and judgments Of the several county
boards Of supervisors of assessments
and to grant such relief as may be
deemed just and proper
.. They shall add to the aggregate
valuation Of the real property Of every
county which they find to be valued
below its true, full and proportionate
value in money such per cent as will
bring the same to its true, full and pro.
portionate value in money
8. They shall deduct from tho ag.
gregate valuation of the real property
of every county which they find to be
valued above its true, full and proper.
tionate value in money such per cent
as will reduce the same to its true, fun
and propOrtionate value in money
4, II they find that the valuation OF
the real property Of any town or dis.
! trict in any county or OF the real prop
erty Of any county not in towns should
! be raised or reduced without raising or
, reducing the other real property in such
| county or without raising or reducing
Il In the same ratio. they may add TO
or take from the valuation Of any one
| or more Of such towns or districts or
OF the property not in towns such per
! cent as they believe Will raise or reduce
! the same to its true, full and proper
tionate value in money,
! s. They shall add 10 the aggregate
valuation Of any class Of personal prop
( erty in any county district or town
which they believe TO be valued below
| its true full and proportlonate value
| In money such per cent as will raise the
same to It's true, full and proportionatS
value thereof,
G. They shall take from the aggre-
! gate valuation Of any class Of personal
property IN any county, district or
! town which they find TO be valued
| above the true, fun and proportionats
value thereof such per cent as will re-
| duce the same TO It's true fun and pro.
portionatG value,
7. Should the commission find II nee.
essary, in cquali2ing the assessment Of
! the State, to raise In the aggregate
, the valuation Of the real estate, or OF any
! personal property I'm any town, district
| or county, as provided I'm paragraphs O.
| 3, 4, 8, and OF this section, and
should II also find that the individual
! assessments Of such town district, or
| county are not oquall2od and that by
such raise I'm the aggregate OF valua-
| tons such given per cent the ASSESS
| mcnt Of any individual taxpayer IN tho
! town, district or county as the case
may be, Is increased TO n point whore
the same Is above tho true, fun and
prcportIonato value I'm money OF the
! property OF such taxpayer the commits
| sion shall have the power and II "a
/ hereby made It's duty, after Il has
made such raise In valuation In the aE-
grcgate, TO reduce the assessment OF
each such individual taxpayer TO point
| whore II will not be above true, fun
and proportonato value In money
! thereof,
Section &c. Before taking any action
with respect 60 the property OF any
! county district or town, az provided by
! paragraphs 2, B. 4, 3, Q and Z section
! SO hereof, the commission shall cause u
written or printed notice 60 DO sorvci<
! upOu the county Judge OF tho county,
| wherein is located She property Nffoot-'
! ed, Said notice shall be published In
! somo newspaper IN said county IL one
is published IN the county; if not thon
| In n newspaper having n circulation IN
! said county IN NJ least two weekly
! Issues before the date Of said proposed
| change, Tho notice shall Eivo the date
ana place NJ which tho commission viii
! at and shall warn said county Judge
| and all citizens Of said county 10 appear
| nc said time ana place and show cause,
IF any they can, why such change shall
| not be made or such assessment In
| creased or reduced, and tho result OF
said hearing, II any increase or de-
crease should be made, shall be cortin
| ed TO the county clerk OF the county
affected on or before the fifteenth day
OF october,
Section g. IT. whllo stting Ns n
state board Of equalization between
| September let and October 18th, tho
Arkansas Tax Commission shall IND in
| ouNullllrN or n want or uniformity be-
| tween the assessments I'm any county,
| tho commission may In lta discretion,
| elthor oQunli2o said assessments itself,
an provided In section SO OF this Act,
| or II may call special eeRsi0n Of tho
| board OF supervisors Of assessments orr
the county 70 Hlt both az n board ot<
equalization and n board OF revision and
appeals AZ such special session W.
| board OF supervisors Of AaseHsmolh~l
may rcvlHo ana review the asaossmtntH
OF tho county and may ralno and re-
duce tho assessments or individuals and
corporations 10 the same extent ana IN
the snmo manner aa II n by this Act
authorized 90 do NJ the regular session,
| AZ said special session tho hoard
rAnll have AH fun power 20 net with re-
Hpoct 20 the ASSIGNMENTS or the county
Ra II had NJ the regular session, AZ
such special session, before tho ARseasz
ment OF any taxpayer shall be inH
| creased, such taxpayer or his agent
shall be given at least two dayH' notice
Of such proposed increase The thtz
payer may appear before tho board att
ting ns a honrd OF revision ana appeals
uud contest tho proposed Increase In his
| assessment In tho same manner nn he
could AZ the regular session, Appeal
may DO taken from the decisions OF tho
board OF Hupefvleore OF assessments
made ht special sessions In the same
manner and by the same parties aa this
Act provides for appeal 10 be taken
from tho doclHOnH or the board made
at itp regular nosplon