The Forrest City times., 1912-07-05

money. and not al what 1t would bring
 God, s''s. - e' :. Assessor" ]" | Sworn to and subscribed before me
 this ........ day of ............. l9l l Section 7S The assessor shall prepare
 recapitulation by school districts of l the personal property in each district Said recapitulatien shall show the az gregate value of each of the several classes of personal property in the dis ! trict and the total value of all the per sonal property therein. and the total value of the several classes of per | property in the county Likewise the reorganization shall show the total value of the real property in each school district.
 ! Section 79 The board or supervis- ors of assessments sitting either as an equalization board or as a board sf re- ] vision and appeals shall hold it's meet iuEs at the court house at the county
 seat unless better to facilitate the work i it shall he deemed advisable to hold sessions n other places in the county l The minutes of the proceedings of the board shall show at what places the session Of the board is held.
 Section So At the same tiu,a the as- ! sessor files with the county clerk the l records prescribed by sections 66 and 1 - hereof he shall prepare an abstract i of the assessment rolls of his couEty | as provided for in section TS hereof. 1 and forward it to the Arkansas Tax i Commission Such abstract shall De made upon forms prepared and furnished 1 by the Tax Commission and shall give
 the information asked by tho commission | under the various subjects fulll and | completely as required.
 1 If'anv assessor shall refuse or neglect 1 to prepare an abstract or the assess
 ment rolls of his county and forward
 the same to the Tax Commission as re- Guired herein, he shall forfeit his office
 and all fees to which he is entitled for
 making the assessment of said county.
 Section s1. Section II of Act .57
 approved May f2. 1909 shall be amend
 ed so as to read as follows:
 Section II. It shall be the duty or
 the commission and it shall have power
 and authority:
 1. To have and exercise general and | complete supervision over the assess
 nent and collection Of taxes including
 excise franchise. inheritance and liquor | license taxes and the enforcement of ! the tax laws Of the State. and over the 1 several county assessors tax collectors | hoard of supervisors Of assessments and
 other officers charged with the assess. l ment and collection Of tavas in the | several counties Of tho State. to tha
 end that all assessments of property in l the State shall ha made in relative pro- portion to the just and true valua there
 
 1 law and all taxes due tho State and it's
 several aEenetes be collected
 2 To confer with and advise assass- | ors and boards Of supervisors or assess | ments to their duties an1 give ueces- 1 sary instruction and directions to as
 sessors and boards of supervisors Of l aSSesSr entS
 3 To direct proceAdtnps actions and
 prosecutions to be instftrts1 to enforce | the laws relating to penalties incur
 re6 ."r violating the laws relating to | the assessment of property and c0li.c- 1 tion of taxes. also tn direct Drrsacutfons 1 to be instituted agaiust persons and | 2 gents Or officers os cnrnorations fe | failure or neglect 10 comply with tn.
 provisions of th. statute governing the 1 return. asss.Ement snS taxation O.
 0rnpertv; also to cans. complaints ts h.
 made in the proper courts ie0k'-s 10 tn, 1 removal from ofttc. of sss.ssor ana
 r1enb"rs of tho board of supervisors Of
 a assessments for any ofriotal uoi.oon Iuct
 0r neglect or duty of which such officers
 may be guilty
 { To require tn. Attorney General
 and th. several prosecuting attorr.vs l of the State to assist in th. cors-n.nc. l n ant and prosecution of actions and pro 1 0eelinss for penalties forfe'tures over ! mo and unpaid tsx-s removals and pun l 'shmeRts fo- violations ef the laws O. l the State in respect 10 the ass-ssrn,n,
 and taxation Of property or to repr-- ! sent tho commission in any litigation 1 n which Y may heeome involved in th. 1 iiSCharge or It's duties
 5 To require assessors. county clerks 1 clerks of the circuit court collector.
 and other county and state officers t4 | report information as to the assess l nent Of property collection Of taxes | receipts from licenses and other sources l the expenditures 0. public funds for T 1 purposes and such information as may | Ne needed or desired D the work i'm l Nosed upon the comm tssion by this Act such Information to be furnished upon C g4r ! 1~.r-a l comm ission may prescribe
 | To make and prosecute such re
 search and inEesti-stien as to the detailed | properties Of corporations the business. | income, reasonable expenditures net l earnings and true valpes of the fran l -hfSes of all public service corporations 1 folns business in this State ss will en- l 1hle the commission 10 ascartgin fair | md equitable basis Of assessing same 1 md of making and recommending propa- | leEislation to the Le~is'ature from tim. | tn time. and 10 direct the local assess
 hs officers in assessing such proper l [ To require individuals. firms and
 oorporatio's tn furnish information con 1 rerDlhg their capital ruDt-1 or othe- 1 'ebts. current assets and liabilities vaIu.. l 'I property gross and net earnings | 'neratinG and other expers~s taves ana 1 ther charges and such other facts as ! nay be nee4ful and desirable tn an | ahle the commission to ascertafD .bo 1 aIue and relative burdens Of taxation | State ~" '..' | To cause the dispositions Of wit.
 resses residing within or without the | state. or absent tkerefron. to be taken | uDon notice to the interested parties in l iiKe manner as dispositions are taken in 1 c,VH actions pending in the circuit or
 chancery court in any matter which me commission shall have authority to i lnNestlFate and determine.
 v To investigate the tax systems or "tAer states and countries and to Forrnu
 ate and recommend such legislation as
 may be deemed expedient 10 prevant
 evasion or the assessment and tax laws and 10 secure just and equal tavation uroughoAt the State
 To prescribe and prepare all ! necessary interroeatories and r,,es+iors
 70 be aI Iswered by taxpayers and persons 1 or each county, and the forms mo,
 Whlch the lists prescribed by this Act
 IL To consult and confer with inc governor and Attorney Gene-al of inc state upon the subject of taxation ad | mlnlstration of the laws relating thereto ana the progress Of the work of the
 eornm mlssiou, and 10 furnish said officers | rom time te time such information and