The Van Buren press. [volume] (Van Buren, Ark.) 1859-1914, 1912-06-08

NJ assessments. likewise column In
which the county clerk shall extend the
valuation as equalized by the Arkan-
sas Tax Commission. said books SHAH
be filed with the county clerk by Sep
TENDER first -,
tax books and all the lists and returns
4 IN he made by the taxpayers as provided
nv this Act shall be turned over by the
asssssor to the board of supervisors of
& easements when the board meets on
q IrIv list They shall remain in the
{ S,1stody OF the board until September
let when they shall be by IL filed with
tbs county clerk in whose custody they
shall thereafter remain.
Section S. The clerk OF the county
court Of each county shall on or be
fore the first day of February or each
4 year make and deliver to the assessor
~ Zach county, an abstract containing
a description of each tract of land
situated in his county with the name
of the owner, If known, and the number
& Of acres or quantity of land contained
therein. as the same shall appear upon
the hooks of his office, and he shall com
nance the same in the lowest number
an township and range in his county,
ana in the northeast corner in each
townshlp and shall proceed numerically
In ali the sections, townships and ranges
an his county, first setting down all
+ The subdivisions of each section as they
belong to different individuals, or the
whole section together II owned by one
nerson and not divided on account OF
norceIs being of different values
section 60 The affidavits required
nv this Act to be made by the assessor
1section ID and by the members of the
board of supervisors OF assessments
fsection 64) shall be entered in full on
the assessors books prescribed by sec
tions Sc and 6S hereof,
IA Section 10. The session of the board
5 of supervisors of assessments beginning
the first day of July shall be for the
L purpose of completing and eQuallzlng
the assessments of the county 1t shall
be the boards duty to examine care
fully in detail the assessments OF real
and personal property as made by the
assessor. Members of the board shall
examine and compare the returns Of as
sessment of property Of the several
towns and districts and equaliZe the
same to the end that each tract or lot
of real property and each article Of
personal property shall be assessed at
its true and full value in money. In
performing its duties in completing and
euuaizing the assessments of the county
the board shall proceed under the FOL
lowing rules;
/ 1t shall raise the valuation of each
tract or lot of real property when, IN
its opinion. is assessed below It's true
and full value in money to such sum as
sit believes to be the true and full value
"A thereof
sb 2 It shall reduce the valuation Of
leach tract or lot which, In its opinion,
Ills assessed above its true and full value
in money to such sum as 1t believes to
be it's true and full value.
81 g. 1t shall raise the valuation or
3 each item of personal property when
In its opinion, is assessed below It's true
and full value in money to such sum
as II believes to be the true and full
svalue thereof, and ii shall raise the ag-
gregate valuation of all the personal
property of each individual, firm or cor
poration, when ii believes that such ag-
gregate valuation is below the true ana
full value of the personal property be-
longing TO such individual, firm or
Corporation to such sum as II believes
to be the true and full valuation thereon.
IN I. 1t shall reduce the valuation or
Z each item Of personal property when
In its opinion is assessed above its true
and full value to such sum as 1t be
1ieves to be the true and full value
thereof 1t shall reduce the aggregate
valuation of the personal property or
any individual, firm or corporation TO
such sum as in its opinion is the true
and fun value thereof,
# 5, 1t shall place upon the taN-books
any omitted items of personal property
Subject to taxation, provided such Items
are not placed thereon when the omls-
Sion Is discovered by the assessor. 1t
shall assess such omitted items at their
true and fun value in money,
H g. It shall assess the taxable property
OF every person who has failed to make
and file the list required by law and
whose property the assessor has failed
OF refused to list
W Z It shall place upon the taN-books
and assess at its true and fun value IN
money any parcels or lots of land which
the assessor may fail or refuse to assess
and II shall add to the assessed valua-
tion Of any real estate any improve
ments that have been placed thereon,
and which the assessor has failed or
refused to list as required by law,
aM 3. 1t shall have and exercise com
plete and perfect supervision over the
assessments of the county, and may do
and perform any acts not inconsistent
n with this Act to the end that all the
3 property OF the county subject to tax
alton be taxed at its true and fun value
iin money as required by law, The as
Z SCISSOR shall attend q, all sessions of
&the board and render such assistance
snd give such information as the board
HAY require,
a| Section II, The board shall perform
its duties with respect to reviewing
assessments Of the county aSd equaliz-
ing them between the first day OF July
And the fifteenth day of August Of each
Year II snail devote such time as In
It's opinion may be necessary TO the per-
formance of its duties as herein pro-
vded In boards consisting Of three
members two shall constitute a quorum
III bONruS CONSISTING OF i've UltlNDtl :
three members shall constitute quorum
Section y. The clerk Of the board
shall keep, in a book provided for that
purpose, record Of the proceedings on
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
dny Of August or before adjournment
provided the board adiourns before tho
Fifteenth Jay of August, the clerk OF
thc board shall prepare written or
printed notice Of each Increase In valua'
tion made by the board, Such notice
Hhal show each item OF personal prop
erty or parcel of real estate which the
board has assessed or whose valuation
n has Increased; also tho valuation az
originally made and the valuation the
board has placed thereon, Such notice
hal be signed by the chairman and the
clerk OF the board. II shall be served
on the owner OF the property whose
Assessment IL affected, or his agent
either by the clerk in person or II shall
be sent by mail to such person or agent
NThe notice shall warn the person affect.
I'd TO appear nj n session OF the board
Of supervisors of assessments TO be
begun and held on the fifteenth day OF
August following, ana show cause why
auch increase In valuation SHAH not be
made
Section a. on the fifteenth day Of
August each year the board OF super
vfulN VI h0F'ENll'NlNt WIN WV 'VhllNN
tudge as eXsofficlo member and ~
chairman thereof, shall meet as board
OF revision and appeals for the purpose
Of hearing complaints that taxpayers
may have to make because OF the un.
LIBERALIZATION or generalization Of prop
erty Such sessions may continue from
day 10 day untll the first day Of Sep
temhcr, II the board does not sooner
complcto ts work, AZ such session Ia,
board shall be governed by tho follow
tng rules
10, II shall hear and consider no cvi.
denco unless the witnesses are swow
~ witnesses are sworn In a court OF
X tustice
10, Taxpayers aggrIcvcd because OF
Y tho valuation placed upon their prop