Pocahontas star herald., 1912-07-05


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 IL. 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 II the duty of the Arkansas
Tax Commission to appraise and as
sess.
Section IS. 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 0nd
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
ship at which he shall attend for the
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 and
place provided by section I3 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 1913, and thereafter each odd num-
bered year, real estate shall be assessed
each parcel of real estate shall be as
sessed at it's true and full 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 mis- deputy, fix
the value of each parcel OF land owned
by him or which it is his duty to list
lie shall also if the assessor demand
1t. fix the value of the timber on any
tract of land, also the value of any
mines, minerals, fossils, quarries
springs, or anything else on the land
tnat gives a special value
II the surface of the land is held by
one person. and the coal, iron or any
other minerals, mineraf water, gas or
oil under the surface by 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, snail be ascer-
tained by the assessor ana each interest
shall be assessed separately.
Section 16. Every merchant shall
make and file with the assessor a list
In which he shall set forth distinctly:
!. 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
business for 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.
?. The value of credits as defined in
paragraph 10, section 5. hereof, belong
ing to him and pertaining to said busi-
ness on the first day of February of the
made.
3. The value of the furniture and
fixtures used in said business.
4. The value of money, including
bank deposits or deposits with other
merchants in or out or the State on
February first.
5. The value of all horses, mules
and other live stock used in said mer-
camille business.
6. The value of a:i 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 ia
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 a pawnbroker, to the as
SCISSOR or the proper county, who shal
list and assess the same to such pawn
broker at it's 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 hello
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 fol-
which the assessment is made
2. The average value of all finished
I9.s IL
preceding the first day Of February OF
the year the assessment is made.
3. The value of all engines. boilers
and other machinery, implements OF
tools used in such manufacturing bust.
ness on hand the first day of February
4. The value of credits as defined by
paragraph 13, section s. hereof, carried
on the books of said manufacturing
business the first day of February the
year the assessment Is made
3. The value of money on hand OF
deposited in banks or with other persons
IN or out of the State the first day
of February.
fixtures and such other furniture ant
fixtures as may belong 10 the business
Z. The value of the live stock be
longing to said business or being uset
therein.
s. The value of all wagons. carts Of
other vehicles used in said business OF
belonging to It,
. O. The value of all other persona
property not falling within either Of the
above classes being used in said bust
ness.
Section 10. Every lawyer physician
dentist surgeon, chemist, veterinary
surgeon, architect, abstracter of titles
contractor of any kind, or civil engineer
of any kind shall make and file will
the assessor a return wherein he shal
distinctly set forth
]. The value of all books on hand