The Harrison times., 1912-06-01

It's opinion may be necessary 70 the per-
Torrance of its duties as herein pro-
Vided. In boards consisting of three
members two shall constitute quorum;
i'm boards consisting OF five members
three members shall constitute a quorum
Section 72 The clerk Of the board
shall keep, in a book provided for that
purpose a record Of the proceedings or
| 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-
! ton 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| originally made and the valuation the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. IL shall be served
! on the owner Of the property whose
| assessment is affected, or his agent,
| either by the clerk in person or 1t shall
be 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-offcio member and as
| 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-
Of
erty. Such sessions may continue from
day to day until the first day of Sep
| tember, If the board does not sooner
complete It's work, At such session the
! board shah be governed by the follow
! ing rules:
/. II shall hear and consider no evi-
| dence unless the witnesses are sworn
| as witnesses are sworn in a court of
| justice.
O. Taxpayers aggrieved because OF
| the valuation placed upon their prop
erty by the assessor or by the board
| sitting as a board OF equalization may
appear in person and by attorney and
oifer any legal evidence they may have
touching the justice or legality of the
proposed increase in the valuation Of
their property
3. The county and state may appear
either by legally appointed attorney or
by the prosecuting attorney or his
deputy
that another taxpayers property is un-
deryalued he may appear before the
board and make complaint and II shall
be the duty Of the board TO adjust all
assessments so complained OF in such
manner as the facts may warrant
g. II II should develop at the hearing
or in any other way that Items OF per-
sonal property or parcels OF real estate
are assessed below their true and full
value in money, the board shall raise
the valuation OF such underyalued prop
crty TO its true and fun value in mon
cy, first giving the owner Of such prop
eTty notice as Is provided In section 70
hereof, TO appear and show cause why
such raises should not be made,
O. II shall not be considered as n
ground for reducing the valuation OF
the property OF the taxpayer that ad-
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
undervalucd property shall be by the
board increased In valuation to It's true,
fun and propOrtionate value In money
or properly assessed, as the case may
be,
Z BY q vote OF majority Of the
hoard any contested assessment can be
reduced or raised az the evidence In
troduccd at the hearing may Justify.
Section a. II is tho purpose Of sec
tion 73 hereof 10 give obicctIng tax
pNycrs 1iT the run period from tho fifteenth
day Of August 20 the first day Of Sep
tcmbcr 10 appear before the board and
object TO the raise In valuation OF thoir
pr0perty as fixed by the board sitti
as a board Of equalization or by the
nsscssor as provided I'm section 50 hereof
II the board shall have completed the
consideration Of all hearings before Il
earlier than the first day OF September
II shall adjourn over until such day so
as 20 give the taxpayers the benefit OF
the fun period above stated for con-
testing proposed Increases I'm valuation
Section 76 The valuation OF all
property az fixed by the assessor or by
tho board OF supervisors of assessments
sitting az an equalization board shall
be deemed and held to be the true and
run value OF such property unlCSS by II
vote OF n majority OF tho board or su7
porvisor9 Of assessments sitting 0s n
board OF revision and appeals the same
shall be changed
Section 7G when the board OF su.
pcrvgOrs Of assessments has completed
lt9 work az n board of revision and 0ps
pcala the clorl Of the board shall enter
In the assessors real and personal tax
books, In q column provided for tho
purpose the valuation, na odu0llzod, Of
each item Of pcrso' property and
parcel Of real estate $50 valuation
has been changed by "a board
Section a. on or before tho first day
Of September each year tho assessor
shall make out and deliver TO tho clerk
Of tho county court report In tabular
form IN the book 20 be furnished him
by the clerk. as prescribed In section
GS hereof a statement OF tho amount
description ana value OF real property
subject 10 DO listed for taxation In hts
county ana the amount ana description
NJ all lands belonging 70 the United
states ana 10 the state OF Arkansas
also Of all other lots parcels or traeta
of land exempt from taxation which
return shall eonAlnl
l. The names OF the several persons
companies or corporations In whose
nnmo the several tracts OF real property
other than the property pItuate In IN
corporatod cities ana towns IN each
congressional township within hla c0una
", shall have been listed, and In npE
propfinto columns opposite each name
the description Of each tract by sections
or the largest subdivision OF which the
same IN capable designating the nums
bcr Of the section and tho part thereof
ana the congressional township or sur
yoy, ana the value Of each tract de-
tormInod by the assessor lands belong
inH 60 the United states or 60 this
State not to be valued
9, The names OF the several persons
companies or corporations I'm whose
names the several lots Of rcnl property
I'm each town or city In his county shall
have been lIslcd. ana In appropriate
columns opposite each name the de-
NGTtBIipu "a nBtb lar md NnlnN IA IF-