The Forrest City times., 1912-06-07


 | often zS may be AecesSarv yfsit s.-s county in tho State for the p4=Raz.-.I .If requiring the proper assessment and n. turn Of property a uniform value there Of. and the use Of forms and system ar Keeping accounts provided by law or by the commission
 Section s5. Section I2 of Aet ss o> the Acts Of 1909, approved May = 94ha lows:
 Section 1e. The Arkansas Tax Com mission as hereby created shall consti- ute a State board of equalizarfon" "sf4 shall equalize the valuations and as sessments of property throughout fH~ State. II shall meet al the state csp5tsI on the first day of September Of each year for the purpose Of equaIIzirg n. property of the State The rorr7tsi sion. as a State board of equalization, may. in its discretion. sit al any other place In the State it may deem advisable for the purpose Q, making InveStfgas tlons or granting hearings relating fo the work Of eduallzing the property ey the state he session of the commission as State board of equalization shall continue from the first day of Sept.ra- Der to the fifteenth day Of October each year As State board of equalization have the following powers and shall be 1 governed by the following rules
 !. To hear appeals from individuals. firms and corporations from the orders Hf Y boards of supervisors Of assessments and 10 grant such relief as may be i deemed just and proper.
 2 They shall aid to the aggregate valuation of tine real property of every county which they find to he valued below it's true full and proportiouate value Tn money such per cent as will bring the same to it's tr,e. full and pro poruonate value in money
 3. They shall deduct rr,.n .s. .g. | ETeGate valuation Of the of every county which they ft1a n ha ralued above its true full and propor- tionate value in money such per cent as will reduce the same to its true full and propOrtionate value in money
 | If they find that the raluatfa, or the real property of any town CT dis tr.ct i1 any county or ef the real prop erty of any county not in towns sboI1is be raised or reduced without raising ar I reducing the other real property fr s,trh county or without raising CT reducing II in the same ratio. they may add to or take from the valuation Of any ane or more of such towns or districts or of the property not in towns such Der cent as they believe will raise or rediISa the same 10 it's true. full and proror- tionate value in mones-
 ,. They shall add to the aggregate ! valuation of any class of personal prop erty in any county. district or toY, which they believe to be valued hs19w it's rue. full and proaortfaaate vafJe tn money such per cent as VII raise the same 10 it's true. full and proportioaate value thereof
 $. They shall take from the aggre- gate valuation of any class Of personal property in any county. district or town which they find to be valued above the true. fuH and proporttorate 1 value thereof. such per cent as VII re- duce the same 10 its true. full and pro pOrtiOnate value.
 :. Should the commission find 1. nee essary in equaitzing the assessment of |. fp the valuation of the real estate or Of any personal property in any town. district or county. as provided in paragraphs ?. 3. 4 ,. and Of this section and should it also find that the individual assessments of such town district or county are not equalized and that by such raise in the aggregate Of vaIua- tions such given per cent the assess ment of any individual taxpayer in the town. district or county. as the case may he. is increased to point where the same is above the true full and proportionate value in money of the property of such taxpayer the cornrnis- hereby made it's duty. after t has made such raise in valuation in the ax- gregate. to reduce the assessment oY each such individual taxpayer to a potnf where it will not be above true. fun thereof
 Section ss Before taking any action with respect t8 the property Of any county district or town. as provided by Lara graphs 9. 3 4 ,. { and seet,on $ hereof. the commission shall cause d written or printed notice to be served upon the county judge of the county wherein is located the property affect ed. Said notice shall be published tn some newspaper in said count. Y one is published in the county; if not then in newspaper having circulation in said county, in al least two weekly issues before the date of said proposed lehange. The notice shall give the date
 
 sit and shall warn said county judge and all citizens of said county to appear at said time and place and show cause, If any they can, why such change shall not be made or such assessment in- creased or reduced. and the result of said hearing. fl any increase or de- crease should be made shall he eertif- ed 10 the county clerk of the county a rectcd on or before the fifteenth day of October.
 Section s7. IT, while sitting as a State board of equalization between September lst and October 18th. the Arkansas Tax Commission shall find in tween the assessments in any county. the commission may, tn it's discretion. either equalize said assessments itself. as provided in section S5 of this Act. or lt may call special session Of the board Of supervisors of assessments of the county to sit both as a board of ''t4all zatlOn and board Of revision and appeals At such special session the
  may revise and review the assessments Of the county and may raise and duce the assessments of individuals and corporations to the same extent and in ? the same manner as il is by this Act authorized to do at the regular session. NJ said special session the board shall have as full power to act with re- , spect 10 the assessments of the county as 1T had a the regular session At such special session. before the assess meut of any taxpayer shall be in- ] ia shall be given at least two days notice of such proposed increase The tax paNer may appear before the board sit t.ng as a board of revision and appeals and contest the proposed increase in his assessment in the same manner as he could at the regular session Appeal may be taken from the decisions of the board of supervisors of assessments made at special sessions in the same manner and by the same parties as this Act provides for appeal to be taken ] from the decisions of the board made at it's regular session
 Section SS A record of the proceed