The log cabin Democrat. [volume] (Conway, Ark.) 1901-1982, 1912-06-20

its opinion may be necessary to the per-
Torrance of its duties as herein pro-
vided. In boards consisting of three
: members two shall constitute quorum
! in boards consisting of five members
three members shall constitute quorum
Section ~. The clerk of the board
shall keep, in a book provided for that
purpose. a record of the proceedings of
the board Said record shall show the
items of personal property and parcels
of real estate whose valuations the
board has changed. Before the fifteenth
! day of August or before adjournment.
| provided the board adjourns before the
! Fifteenth day of August. the clerk of
| the board shall prepare written or
| printed notice of each increase in valua-
| tion made by the board. Such notice
shall show each item of personal prop
| erty or parcel of real estate which the
| board has assessed or whose valuation
| IL has increased also the valuation as
originally made and the valuation the
board has placed thereon. Such notice
shall be signed by the chairman and the
clerk of the board 1t shall be served
on the owner of the property whose
assessment is affected. or his agent.
either by the clerk in person or it shall
he sent by mail to such person or agent
The notice shall warn the person affect
ed to appear at a 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 70. On the fifteenth day Of
August each year, the board of super
visors of assessments, with the county
Judge as ex-officio member and as
chairman thereof. shall meet a board
of revision and appeals for the purpose
of hea ring complaints that taxpayers
may have to make because of the un-
LIBERALIZATION or generalization of prop
erty. Such sessions may continue from
day to day until the first day of Sep
TENDER if the board does not sooner
complete it's work At such session the
board shall be governed by the follow
ing rules:
I. 1t shall hear and consider no evil
dence unless the witnesses are sworn
as witnesses are sworn in a court of
! justice.
9 Taxpayers aggrieved because of
the valuation placed upon their prop
erty by the assessor or by the board
sitting as a hoard of equalization may
appear in person and by attorney and
offer any legal evidence they may have
touching the justice or legality of the
proposed increase in the valuation of
their property.
8 The county and State may appear
either by legally appointed attorney or
| by the prosecuting attorney or his
deputy.
If a taxpayer is of the opinion
tnat another taxpayers property is I'M
d d,airy he may appear before the
board and make complaint and it shall
be the duty of the board to adjust all
assessments so complained of in such
manner as the facts may warrant
S. If it should develop at the hearing
or in any other way that items of per-
| sonal property or parcels or real estate
are assessed below their true and full
value in money, the board shall raise
the valuation of such undervalded prop
erty to it's true and fun value in mon
ey, first giving the owner of such prop
ertv notice as is provided in section IL
hereof, to appear and show cause why
such raises should not be made
g. 1t shall not be considered as a
ground for reducing the valuation of
the property of the taxpayer that adj
Joining property or that other property
in the county is assessed below its true
full and proportionate value in money
or is not assessed at all but such other
undervalued property shall be by the
boa rd increa sed in valuation to its true
full and propOrtionate value in money
or properly assessed as the case may
be.
Z. BY vote of a majority of the
hoard anv contested assessment can be
reduced or raised as the evidence in
troduced at the hearing may Justify.
Section IA. 1t is the purpose of sec
| ton 10 hereof to give objecting tax
PAYERS the full period from the fifteentt
| 1av of August to the first day of Sep
| tember to appear before the board ana
object to the raise in valuation of their
| property as fixed by the board sittinc
as board of equalization or by the
assessor as provided in section So hereof
| considerable of all hearings before IT
earlier than the first day of September
it shall adjourn over until such day so
as to give the taxpayers the benefit Of
| the full period above stated for con-
! testing proposed increases in valuation.
Section II. The valuation of all
property as fivei by the assessor o. by
| tbe board of supervisors of assessments
sitting as an equalization board shall
| We deemed and held to be the true am
full value of such property unless by
vote of q majority of the boar1 OF su-
! pervsors of assessments sitting as a
| Noard of revision and appeals the same
( shall be changed.
Section 10 When the board of su
pervsors of assessments has complete
IT'S work as a board of revision and an
! peals the clerk of the board shall enter
IN the assessors real and personal taT-
| hooks. in a column provided for the
| purpose the valuation. as eoualized. o.
each item of personal property an'
parcel of real estate whose valuation
has been changed by the hoard.
Section =. On or before the first n da,.
shall make out and deliver 70 tn" "'e"r
If the county court. a report in tabu'a'
| FORM in the book to be Furnished MN
Nv the clerk as prescribed IN sectlo.
| "S hereof statement of the amount
| description and value OF real property
subject to be listed for TAXATION In hi
"ourtv. and the amount and description
! # all lands BELONGING to the Unite
|
also. of all other lots parcels or tracts
of land exempt from taxation which
| return shall contain:
l. The names of the several persons
| companies or corpOrations in whose
name the several tracts Of real propertv
| other than the property situate in IN
| corpora tod cities and towns in each
congressional township within his coun
! ty. shall have been listed, and in an
0ropriate columns. opposite each name
the description Of ea"h tract by sections
or the largest subdivision of which the
same is capable. desigrating the mum
Ner Of the section and the part Thereon
and the congressional township or sur
| vev. and the value of each tract de
| termined by the assessor. lands heron
ing to the United States or to TINS
State rot to he valued
! 3 The names of the several persons
| companies or corporations in whose
nanes the several lots Of real prope"t,
| IN each town or city in his county sra
have been listed. and in appropriate
columns. opposite each name the ne
sorption of each lot and value as de
! termired by the assessor. and such de-
soriDtion shall DESIGNATE the town OF