Pocahontas star herald., 1912-06-21

ianshin other than minor shall be llsIeu
at the place whore the properly 20, ~
Gated: provided, that all moneys 'seui,LC11,
Investments In stocks ana pouus on ~ 9'I,, La
persons undcr guardianship shaIi pe
listed az the place where the Bua'"'""
or curator resides. D.. .ho
Section 45 Personal property In tne
hands of an assignee, recelEeT tUgs.oo
In bankruptcy or other court lLl,y',
shall be listed and taxed at the placSs
Of listing before the appointment OF
such assignee, receiver, trustee VI '''e'
officer Ill
Section l6. When any person shall
settle or any association or coipo' a
tion shall organize In any county o.. oi
this State. and bring personal PropeIL.gs,
therein after the first day or FEBRUARY y
and prior 20 the first day OF octoDer
in any year, 1t shall be the duty OF we
assessor TO list and return sucn plopelt W
for taxation that year. unless the oWIeI
thereof shall show TO the assessor Unuel 1el
oath. and by producing a copy Oh we we
assessment duly certified by the proper
officers of State or county IN Whign
said property was assessed, that lhe
same property has been listed for taxa
tion for that year in some other county
in the State, or In some other state W
territory of the United states. II sutll
property is brought within any county
after the assessor has made ms rGtu.@n @ rs
for that year TO the county clerk tne
assessor shall at once assess such prop
arty and return the same TO the county
clerk. and the same shall be entered py
the county clerk on the taN-boohs anu
collected as In other cases .,,-
Section AZ. If any person or thls
State. after his personal property mas
been assessed and before the tax thereon
is paid, shall sell all Of the same ana
not retain sufficient to pay the taxes
thereon, the tax for that year shali be
a lien on the property SO sold Inc le
one owing such tax shall be clVlllN
liable TO any purchaser Of such property
for any taxes he owes thereon, but the
property so purchased shall be liable IN
the hands of the purchaser or purchas-
ers for such tax; provided, however II
the property be sold In the ordinary
course OF mercantile trade IL shall not
be so liable in the hands of the pur-
chasers.
Section 4S. II the property of any
taxpayer be seized by legal process so
as not to leave sufficient amount eX-
empt from the levy and sale to pay the
taxes, then the taxes on the property or
such taxpayer shall at once fall due
and be paid from the proceeds OF the
sale of the property so taken on such
process, in preference to all other claims
against II.
Section 40. When any person is about
90 remove his property from the State,
~
before the taxes thereon have been paid,
without leaving sufficient remaining for
the payment of the taxes thereon the
tax shall at once become due and pay
able, which fact shall be determined by
any court of competent jurisdiction In
an action brought in the name of the
State, for the use of the county against
the owner or reputed owner of such
property, which court may render
Judgment thereon, and enforce the
same by execution. Attachment may
issue as In other cases, but without
other cases.
Section 5O II property subject TO
taxation be sold, seized or attempted TO
be removed as provided In sections A.,
as, and 40 OF this Act, before the county
clerk has turned over the tax-books for
that year to the collector. then If the
assessors books be In the assessor s
hands, he shall furnish the collector
the assessment Of that person; but if
the party has been assessed and the as
SCISSORS books be In the hands of the
county clerk, then the county clerk shall
furnish to the collector the assessment
OF that person, and the collector shall
ed to him the percentage OF tax levied
in that county for the previous year
and collect the same as in this Act
provided. Should the percentage thus
collected exceed the rate levied for the
current year such excess shall be re-
turned 20 the person entitled thereto
by the collector upon the order of the
county court.
Section 81. In case of doubt as to the
listing of personal property or where
Il cannot be listed as in this Act pro-
vided, If between places in the same
county, the place of listing shall be de-
termined by the board Of supervisors
of assessment and If between different
counties, or places in different counties,
by the Arkansas Tax Commission; and
when determined in either case shall
be as binding as If fixed by this Act.
Section SO. Whenever the assessor
shall be of the opinion that the person
listinF-- real or personal property for
himself or for another person. firm,
company or corporation, has not made
q full, fair and complete list thereof, or
has valued any property at less than its
true and full value in money. he shall
examine such person at length under
oath. He may also call before him any
other persons having knowledge OF the
property of the party whose assessment
is questioned, and examine such persons
under oath with respect TO such prop
erty.
IT, after making such Investigation
or at any time before the taX-books are
turned over to the board of supervisors
OF assessments, after the assessment
has been made, the assessor is of the
opinion from such evidence as may be
discovered by him that the party max
Ing the list has omitted any items or
has listed any real or personal property
below its true and full value In money,
II shall be his duty TO ignore the valua-
tion as returned and assess such omit
ted items or such parcels of real es-
tate at its true and fun value in money;
likewise IL shall be his duty TO raise
the valuation Of any real or personal
property which may have been under
valued by the person listing it, to its
true and full value in money. In case.
however, the assessor shall change the
valuation of the property of any person
as fixed by the person himself he shall
notify such person in writing Of such
change. Such notification shall be
made before the second Monday in Au-
gust OF the year for which the assess
ment is made.
Section So Each person required by
this Act 10 list property for taxation
SHALL by himself or agent attend at
one of the places in the proper town
Dhip, liked by the assessor for making
assessments in such township and list
the property, real and personal by this
Act required If any person shall fail
TO attend at one Of such places and list
the property. he may appear before the
assessor at some other place in the
county Wllnln ten days after the last
day. fixed for making the assessment in
such township and make the list or
lists required Of him by this Act. Should
the person not appear before the as
SCISSOR and make the list within ten
days he shall be deemed TO be a delin-
quent and a penalty of one dollar, half
of which shall go TO the assessor and
the other half to the common school
fund, shall vt once accrue The as
SCISSOR shall, as soon as nracticahla
either by himself or deputy, visit the
office. usual place of business or resi-
dence Of such delinquent provided he
can be found in the county. and demand