The Harrison times., 1912-06-22

turn of property, 9 uniform value there
of. and the use of forms and system Of
keeping accounts provided by law or
| by the commission.
Section IS. Section 70 of Act 257 of
the Acts of 1909, approved May IL, 1909.
shall be amended so as to read as fol-
lows:
Section ~. The Arkansas Tax Com
mission as hereby created shall consti-
| tute a State board of equalization and
shall equaliZe the valuations and as
sessments of property throughout the,
State. 1t shall meet at the State capital
on the first day of September of each.
year for the purpose of equalizins the
assessments Of the real and personal
property of the State The commis-
sion, as a State board of equalizatior'
may, in it's discretion, sit at any other
place in the State ii 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 equalizationi
the Arkansas Tax Commission shall
have the following powers and shall be-
governed by the following rules:
1. 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.
2. They shall add to the aggregate
valuation of the real property of every
county which they find to be valued
| below it's 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
3. They shall deduct from the ag-
| aI....
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, full
and proportionate value in money.
| 4. If 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, fun and proper
tionate value in money,
s. They shall add to the aggregate
valuation of any class Of personal prop
I erty In any county, district or town
which they believe to be valued below
it's true, full and proportionate value.
In money such per cent as will raise tho
same to It's true, full and proportionate
value thereof
| 6. They shall take from the aggre-
f, gate valuation of any class OF personal
! property in any county district or
town which they find to be valued
| above the true, full and proportlonats
, value thereof, such per cent as will re-
duce the same TO It's true, full and pro-
! portionate value,
Z. Should the commission find Il neo-
essary In equalizing the assessment Of
! the State, to raise In the aggregate
! the valuation OF the real estate or OF any
personal property In any town, district
or county, as provided In paragraphs 2.
| 3, 4, g. and Q of this section, and
should II also find that the individual
, assessments OF such town. district, or
| county are not equalized and that by
such raise In the aggregate OF valua-
| tions such given per cent the assess-
! ment OF any individual taxpayer in tho,
| town, district or county as the case
| may be, is increased 10 n point where
| proportlonate value In money OF tho,
| property OF such taxpayer the commls-
| sion shall have tho power and Il IL
/ hereby made It's duty, after it has
made such raise In valuation In the ag-
grogate, TO reduce the assessment OF
each such individual taxpayer to q point
whore Il will not be above true, fun
and proportonote value In money
| thereof,
Section SO, Before taking any action
| with respect 10 tho property OF any
county, district or town, as provided by
| paragraphs 2, 3, 4, 8, and 7, section
| 80 hereof the commission shall cause n
written or printed notice 20 bo served
upon the county judge OF tho county
| wherein ~ located tho property affect
| al GaI1 nntIan gbn1l ha DuhlIfhaH In
| some newspaper In said county II ono
| IL published In the county II not then
| In q newspaper having q circulation IN
said county, In at least two weekly
issues before the date OF eoid proposed
| change The notice shall give the date
and place nt which tho commission Will
| alt and shall warn said county Judge
and all citizens OF said county 20 appear
at said time and place and show cause.
II any they can, why such change SHAH
not be made or such assessment In
creased or reduced, and the result or
said hearing, II any increase or do
| crease should be made, shall be cortin'
| ed 10 the county clerk OF the county
| affected on or before the fifteenth day
| OF October,
Section 81, If, whilo sitting as
| State board Of equalization between
September ist and October 18th, the
| Arkansas Tax Commission shall nnd In
| equalitiea or n want or uniformity be-
| tween tho assessments In any county,
| the commission may, In lta discretion,
either equnlise said assessments itself,
| an provided In section 80 OF this Act
or II may call a special session or tho
| board OF supervisors OF assessments OF
| tho county 10 sir both 40 board OF
equalization ana board OF revision ana
| appeals AZ such special session the
| board OF supervisors OF assessments
may revise and review the assessments
OF the county and may raise and re-
| duce tho assessments OF individuals ana
corporations 90 the same extent and In
| the ahme manner as u In by this Act
| authorized TO do NJ the regular HoeHlon.
AZ said special session tho board
| thnll have nn full power 10 act with ro-
npeot 60 the assessments OF the county
| RA II had NJ tho regular session ~
such special session, before the assess
| ment OF any taxpayer shall ba ihH
creased such taxpayer or his agent
shall be given at least two days notice
| OF such proposed increase, The tat=
payer may appear before the board slt-
| ting or n board OF revision and appeals
| ana contest tho proposed increase In his
| assessment In tho same manner an he
| could AZ the regular session, Appeal
| may be taken from the decisions or the
| board OF supervisors OF Assessments
made at special sessions N the same
manner and by the same parties az this
Act provides Tor appeal TO be. taken