Pine Bluff daily graphic., 1912-06-22

DY thlS Act to be made by the ;iSsrSSO. ,,sectlon ID and by the members of the board of supervisors of assessments .section s4p shall be entered in full OF the assessors books prescribed by sec tions 66 and 6S hereof
 Section 70. The session of the board or supervisors of assessments beginning the first day of July shall be for the purpose of completing and equalizng the assessments of the county. It shall De the boards duty to examine care lnliy lh 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 or real property and each article of personal property shall be assessed at its true and full value in money. In performing its duties in completing and eequalizing the assessments of the county the board shall proceed under the fol- lowing rules:
 1. It shall raise the valuation of each it's opinion. is assessed below it's true and full value in money to such sum as 1t believes to be the true and full value thereof.
 2. It shall reduce the valuation of each tract or lot which. in it's 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.
 n. It Sllall raise the VaiHallOn or each item of personal property which, in it's opinion is assessed below it's true and full value in money, to such sum as it believes to be the true and full valhe thereof, and it shall raise the az, gregate valuation of all the personal property of each individual. firm or cor poration, when it believes that such az gregate valuation is below the true and longing to such individual. firm or corporation to such sum as it believes to be the true and full valuation thereof
 A. It shall reduce the valuation of in it's opinion, is assessed above it's true and full value to such sum as it be- lieves to be the true and full value thereof. It shall reduce the aggregate any. individual, firm or corporation to such sum as in it's opinion is the true and full value thereof
 D. It shall place upon the tax-books subject to taxation. provided such items are not placed thereon when the omiS- sion is discovered by the assessor. It shall assess such omitted items at their true and full value in money.
 6. It shall assess the taxable property of every person who has failed to make and file the list required by law and whose property the assessor has failed or refused to list.
 z. It shall place upon the tax-books and assess at it's true and full value in money any parcels or lots of land which the assessor may fail or refuse to assess; and it shall add to the assessed valua tion of any real estate any improve ments that have been placed thereon, and which the assessor has failed or refused to list as required by law.
 s. It shall have and exercise com plete and perfect supervision over the assessments of the county and may do and perform any acts not inconsistent with this Act to the end that all the n of fIn ltion be taxed at it's true and full value in money as required by law. The as sessor shall attend at all sessions of tho board and render such assistance md give such information as the board nay require.
 Section Il. The board shall perform ts duties with respect to reviewing assessments of the county and euualiz- ng them between the first day of July md the fifteenth day of August of each year. It shall devote such time as in ts opinion may be necessary to the per 'ormance of it's duties as herein pro- ildeu. In boards consisting of three members two shall constitute a quorum; n boards consisting of five members hree members shall constitute a quorum
 Section 12. The clerk of the board purpose a record of the proceedings of he board. Said record shall show the tems of personal property and parcels ,f real estate whose valuations the
  lay of August or before adjournment. provided the board adiourns before the day of August. the clerk of he board shall prepare written or printed notice of each increase in valua- ion made by the board. Such notice shall show each item of personal prop ,rty or parcel of real estate which tho board has assessed or whose valuation originally made and the valuation the board has placed thereon. Such notice shall be signed by the chairman and the Jerk of the board It shall be served assessment is affected or his agent, either by the clerk in person or it shall ,e sent by mail to such person or agent. The notice shall warn the person affect ed to appear at session of the board of supervisors of assessments to be begun and held on the fifteenth day of August following, and show cause why such increase in valuation shall not be made.
 Section 73. On the fifteenth day of August each wear. the board of super visors of assessments, with the county judge as ex-officio member and as chairman thereof. shall meet as board of revision and appeals for the purpose of hearing complaints that taxpayers may have to make because of the un- dcrvaluation or overvaluation of prop day to day until the first day of Sep tcmber, if the board does not sooner its work. At such session the board shall be governed by the follow ing rules:
 1. It shall hear and consider no evil dence unless the witnesses are sworn as witnesses are sworn in a court of justice
 ,. Taxpayers aggrievcd because of the valuation placed upon their prop crtv by the assessor or by the board sitting as a board of equaliza ton may appear in person and by attorney and offer any legal evidence they may have touching the justice or legality of the increase in the valuation of their property.
 3, The county and State may appear either by legally appointed attorney or by the prosecuting attorney or his deputy
 l, If a taxpayer is of the opinion that another taxpayers property is un- derNalued he may appear before the hoard and make complaint and it shall he the duty of the board to adjust all assessments so complained of in such manner as the facts may warrant
 5. If it should develop at the hearing or in any other Way that items of per sonal property or parcels of real estate are assessed below their true and full value in money, the board shall raise the valuation of such undervalued prop