The Harrison times., 1912-07-06

county, and that / VIII IN all tnlnBs
faithfully observe the law in the dis
now about to enter as a member Of
the board of supervisors of assess
ments."
Section 65. If any person shall be-
gin any new business of any kind in
any district or town in the county after
the first day of February, and before
the first day of October ii shall be the
duty of the assessor to assess such new
business in the same manner as he
would have done had such business
been in existence at assessing time. If
such new business shall have been as
sessed by the assessor before the first
day of July 1t shall be included in the
regular assessment rolls submitted as
hereinafter provided by the assessor to
the board Of supervisors Of assessments.
If such assessment be made between
the first day of July and the first day
of September, II shall be submitted to
the board of supervisors Of assessments
to be passed upon by IL along with the
other assessments Of the county. Prop
erty in any way overlooked by the as
SCISSOR, or omitted from the assessment
at the regular assessing time Clall be
assessed in the same manner as is prop
erty put into a new business, No per-
son shall be compelled to pay taxes
twice on the same property for the same
year Money invested in new business
after February first, and included in
the regular assessment of the person
owning II on February first, shall not
be included in the assessment of a new
business begun after assessing time.
Section &C. The assessor shall, on or
before the first day of July make out
in tabular form In a book prepared for
the purpose, statements of the names
Of the persons, firms, companies and
corporations whose lists he has taken
and whose personal property he has as
sessed showing the political township
or ward residence and also the post
office address of each, Names shall be
arranged in alphabetical order and by
school districts There shall be listed
in each school district all the personal
property taxable therein. In cases
where towns and school districts are
not coterminous and the school district
includes territory not included in the
town there shall be two statements ar
ranged In alphabetical order with respect
to the names OF the taxpayers, one OF
which shall include the names OF the
taxpayers residing In the town and the
other Of which shall include the names
of the taxpayers residing without the
town but In the school district The
assessors books shall also contain
columns with appropriate headings in
which TO enter opposite the names of
the taxpayers the value Of the several
classes Of personal property required
by law to be listed. Each list taken
by the assessor shall be entered upon
the books separately and the assessor
shall enter opposite each name in the
proper column, the value Of each of the
several classes Of property listed There
shall also be a column In which to en-
ter the total Of all property listed by
the taxpayers and the assessor shall
enter the proper amount In said columns
Said books shall also contain column
IL. 40 hA al
equalzed by the board Of supervisors
of assessments; likewise column in
which the county clerk shall extend the
valuation as equaliZed by the Arkan-
sas Tax Commission, Said books shall
be filoG with the county clerk by Sep
temher first,
Section a. Tho real and personal
books and all the lists and returns
to be made by the taxpayers as provided
by this Act shall be turned over by the
assessor 10 the board of supervisors Of
assessments when the board meets on
July 1st They shall remain In the
custody OF the board until September
Ist when they shall be by II filed with
the county clerk In whose custody they
shall thereafter remain.
Section 6S The clerk OF the county
court OF each county shall on or be-
fore the first day OF February OF each
year make and deliver TO the assessor
u
"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 books OF his office, and he shall com
monce the same, In tho lowest number
I'm township and range In hlS county,
and I'm the northeast corner In each
township and shall proceed numerically
I'm all the sections, townships and ranges
I'm his county, first setting down all
the subdivisions OF each section az they
belong TO different individuals, or tho
whole section together II owned by one
pcrson and not divided on account Of
pnrcola being OF different values
Section CO. Tho affldaylts required
by this Act 10 be made by the assessor
(socton ~ and by the mombors Of the
board OF supervisors OF assessments
tsection GO shall be entered In FUN on
the assessors books prescribed by scc-
tIons GO and GS hereof
Section TO- Tho session OF tho board
OF supervisors Of assessments beginning
the first day OF July shall be for the
purpose OF completing and oquall2lng
the assessments OF the county II shall
be the boards duty 20 examine care
fully In detail the assessments OF real
and personal property az made by the
assessor Mombora Of the board shall
examine ana compare the returns OF AS
aeaament OF property OF the several
towns ana districts and equOlise tho
Same 20 the end that each tract or lot
OF real property ana each article OF
personal property shall ho assessed at
its true and fun value IN money In
performing its duties IN completing ana
cuunli2ng the assessments Of the county
tho board shall proceed undcr tho fol'
lowing Wloai
l., II eholl raise tho valuation Of each
tract or lot OF real property which, IN
its opinion, In assessed below lts true
and full value In money Go such sum az
II believes to be the true and full value
thereof
?. lt shall reduce tho valuation, Of
each tract or lot which, In ita opinion
IN aaseased above ita true and full value
In money 60 such sum M II believes 70
be ita true and full value,
9, lt HhAll raise the valuation OF
each Item OF personal property which
In ith opinion, IN assessed below lls true
ana fun value IN money TO such sum
uB II believes 90 be the true and tull
value thereof and II shall raise the pg.
greentn valuation Of all the personal
property Of each individual firm or cor
p0fpti0n. when it believes that such az.
gfegate valuation Ia below the true ana
rull value OF the personal property be-
longing 10 such individual firm or
corporation to Uuch sum us II believes
10 be The tWc and fun valuation tnorool
A. II ehnl reduce the valuation of
each itom OF personal property which
In itH opinion, hi naapHRed above tH true
ana fun value 20 such sum AH II ne'
lleves TO be the true and run value
thereof n shall reduce the aggregate
valuation OF tho personal property ui