Pocahontas star herald., 1912-06-21

! may be by law required TO make such
| demand, a statement OF the description
and value Of the property which he may
| be required to list. and that | will not
| in any way cOnnive at any violation or
evasion of the law with respect TO the
| listing or valuation of any property Of
any kind for taxation"
! Any assessor who fails to take the
| oath herein prescribed within the time
| prescribed shall be deemed to have va
Gated the office of assessor. and the clerk
| of the county court shall at once notify
the Governor of such vacancy
! Section 12. The assessor shall APP
praise and assess the real and personal
property of his county in such manner
| and at such time as this Act shall pre-
scribe He shall appraise and assess
all property subject to taxation in his
| county except such property as the law
may make 1t the duty of the Arkansas
| Tax Commission to appraise and as
| sess.
Section 49, Each assessor shall as
sess the property of his county between
the first day of February and the first
| day of July each year. For the pur-
| pose of making said assessment he shall
visit each township in the county and
shall devote at least three days to the
work of assessing the property of each
| township. He shall fix one or more
| public places in each township most
convenient to the taxpayers of the town
/ SnlD at WHICH ne small attend LOT lne
| purpose of taking the lists of the tax
| payers and assessing the property. He
| shall give ten days notice of the time and
| place at which he shall attend by post
| ing at least six printed or written no.
| tices in as many public places in each
| township. He shall provide himself
with blanks as hereinafter prescribed
| for taking the list of the taxpayers
| Section IA. Every person who owns
or controls property OF any kind or
who is by this Act required to assess
property shall attend at the time ana
! place provided by section 10 hereof, and
make and file with the assessor complete
list or lists of property he is required
to list
! Section Is. For the years 1911, 1912,
and 1918, and thereafter each odd num-
| bered year, real estate shall be assessed;
each parcel Of real estate snail be as
| sessed at its true and fun value in
money. Each person required, under
| section IA of this Act, TO list property
| shall attend at one of the places in the
| township in which the real estate to be
| assessed is located fixed by the as
| SCISSOR and shall, under oath administer
| ed by the assessor or his deputy, fix
| the value Of each parcel OF land owned
| by him or which it is his duty to list
| He shall also, il the assessor demand
| tract of land, also the value of any
mines, minerals, fossils, quarries,
| springs or anything else on the land
| that gives a special value.
If the surface of the land is held by
one person, and the COAL iron or any
| other minerals, mineTaI water. gas or
| oil under the surface b. another person,
or If the timber located on the land is
/ held by another person, the estate there
in of each, and the relative value of
their respective interests, shall be a5cer-
| tanned by the assessor and each interest
] shall ha uCGnCCah "a rnf faIN
Section 16. Every merchant shall
make and file with the assessor n list
| in which he shall set forth distinctly:
l. The average value of merchandise
carried in stock during the year i'm
| mediately preceding the first day of
| February of the year in which the as
| sessment is made; if he has not been in
4 business for a year then he shall take
/ the average value during such time he
/ has been so engaged; if he be commence
/ ing business then he shall take the value
/ of the merchandise in stock at the time
/ of the assessment. No deduction shall
! be allowed because any part of the
| goods carried have not been paid for
All goods carried on consignment shall
| be included.
2. The value of credits as defined in
paragraph 49, section 5, hereof, belong
ing to him and pertaining to said bust
ness on the first day of February of the
year for which the assessment was
made
3. The value of the furniture and
fixtures used in said business.
I. The value of money, including
bank deposits or deposits with other
merchants in or out or the State on
February first.
;. The value of all horses, mules
and other live stock used in said mer-
camille business
6. The value of ar wagons. carts
or other vehicles employed in said bust
ness.
Z. The value of all other personal
! property, not falling within the class of
one of the above items, employed in
said mercantile business.
Section II. Every person or COM
pany engaged in the business of receiv-
ing property in pledge, or as security
for money or other thing advanced to
| pawner or pledgor, shall annually at the
| time by this Act prescribed for the as
sessment of personal property return
under OATH all property pledged to and
held by him as pawnbroker, to the as
SCISSOR of the proper county, who shall
| list and assess the same to such pawn
broker at its true and full value Pawn
| brokers' shall make return on the lists
! prescribed by law for merchants
Section Is. Every person engaged in
the manufacturing business shall make
! and filed with the assessor a list in
which he shall distinctly set forth:
!. The average value of all materials
| purchased, received or otherwise held
for the purpose of being used in whole
or in part in any process of manu-
| facture. Said average value shall be
for the year Immediately preceding the
first day Of February of the year for
which the assessment is made.
| ?. The average value of all finished
products carried the year Immediately
preceding the first day of February Of
the year the assessment is made.
! 3. The value of all engines, boilers
and other machinery, implements or
tools used in such manufacturing bust
ness on hand the first day of February.
a. The value of credits, as defined by
paragraph 10, section 5, hereof, carried
on the books of said manufacturing
| business the first day of February the
year the assessment Is made
5. The value of money on hand or
deposited in banks or with other persons
in or out of the State the first day
| of February.
6. The value of office furniture and
fixtures and such other furniture and
fixtures as may belong TO the business.
Z. The value of the live stock be-
longing to said business or being used
therein
s. The value of all wagons. carts or
other vehicles used in said business or
belonging to 1t.
Q. The value of ali other personal
property not falling within either of the
above classes being used in said busi-
ness.
Section 10. Every lawyer, physician,
dentist, surgeon, chemist, veterinary
surgeon, architect abSyracter of titles.