Sharp County record., 1912-05-31

ana Value OF tne property WHicii iio is'
be required to list, and that Will not
in any way connive at any violation or
evasion of the law with respect to the
listing or valuation of any property or
any kind for taxation.
ANY assessor who fails to take the
oath herein prescribed within the time
prescribed shall be deemed to have va
Gated the office of assessor, and the clerk
of the county court shall at once notify
the Governor of such vacancy.
Section 10. The assessor snair aD-
praise and assess the real and personal
property Of his county IN such manner
and at such time as this Act shall pre-
scribe. He shall appraise and assess
all property subject to taxation In his
county except such property as the law
may make it the duty of the Arkansas
Tax Commission to appraise and as
SeSS.
Section 13. Each assessor shall as
sess the property of his county between
the first day of February and the first
day OF July each year For the pur-
pose of making said assessment he shall
visit each township in the county and
shall devote at least three days to the
work of assessing the property of each
township He shall fix one or more
public places in each township most
convenient to the taxpayers OF the town
ship at which he shall attend for the
payers and assessing the property He
shall give ten days notice of the time and
place at which he shall attend by post
ing at least six printed or written no.
tlces in as many public places In eacn
township. He shall provide himself
with blanks as hereinafter prescribed
for taking the list Of the taxpayers.
Section IA. Every person who owns
or controls property or any kind or
who Is by this Act required to assess
property, shall attend at the time. ana
place provided by section 13 hereof, ana
make and file with the assessor complete
list or lists Of property he Is required
to list.
Section Is. For the years 1911, 1912,
and 1918, and thereafter each odd mum
bered year, real estate shall be assessed
each parcel Of real estate shall be as
sessed at its true and full value III
money Each person required, under
section IA of this Act, 20 list property
shall attend at one OF the places in the
township in which the real estate to De
assessed Is located, fixed by the as
SCISSOR and shall, under oath administer
ed by the assessor or MS deputy, Tx
the value of each parcel OF land owned
by him or which It is his duty 70 list;
He shall also, II the assessor demand
It, fix the value OF the timber on any
tract of land also, the value OF any
mines, minerals, fossils, Quarries,
springs, or anything else on the lana
that gives special value.
If the surface OF the land Is held by
one person, and the coal iron or any
other minerals mineraI water, gas or
oil under the surface by another person,
or II the timber located on the land Is
held by another person, the estate there-
In OF each. and the relative value or
their respective interests, shall be ascer-
tained by the assessor ana each interest
shall be assessed separately,
Section rs, Every merchant shall
make and file with the assessor a list
In which he shall set forth distinctly:
Il. The average value OF merchandise
carried In stock during the year Inn
medlntely preceding the first day or
February of the yeur In which the as
sessmcnt Is made; II he has not been In
business FOR year then he shull take
the average value during such time he
has been 80 engaged; II he DO commence
Ing business then he shall take the value
of the merchandise In stock at the time
OF the assessment No deduction shall
be allowed because any part or the
goods carried have not been paid for.
All goods carried on consignment shall
be included,
2. The value OF credits rs defined In
paragraph 10, section s, hereof, belong
Ing to him and pertaining to said busi-
ness on the first day OF February OF the
year for which the assessment was
made.
Q, The value of the furniture and
fixtures used In said business
4. The value OF money, including
bank deposits or deposits with other
merchants In or out or the State on
February first,
8. The value Of all horses. mules
and other live stock used In said mer-
camille business
9. The value of an wagons, carts
or other vehicles employed In said busi-
ness,
Z. The value OF ali other personal
property, not falling within the class or
one of the above Items, employed In
said mercantile business,
Section II, Every person or com
pany engaged In the business OF reoeiv-
Ing property In pledge or as security
for money or other thing advanced to
pawner or pedgor, shall annually at the
time by this Act prescribed for the as
sessment OF personal property. return
under oath, oil property pledged to and
held by him ~ puwnbroker, to the as.
SCISSOR of the proper county, who shall
list and assess the same 10 such pawn
broker ut It's true and fun value, Pawn
brokers' shall make return on the lists
prescribed by law for merchants,
Section IS, Every person engaged In
the manufacturing business shall make
which he shall distinctly set forth
|. TIE. average value of all materials
purchased, received or otherwise held
foy the purpose of being used In whole
or In part In any process OF manu-
fneturor Said average value shall be
for the year Immediately preceding the
first day OF February OF the year for
which the assessment In made,
2. The average value OF oil finished
products carried the year Immediately
preceding the first day Of February or
tho year tho assessment In made,
3, Tho value Of oil engines, boilers
and other machinery. implements or
tools used In such manufacturing busl.
ness on hand the first day OF February
4, The value OF credits as defined by
paragraph 49, section 3, hereof, carried
on tho books OF said inanufNcturing
business tho first day OF February the
year the assessment IN made
3, The value OF money on hand or
deposited In banks or with other persons
In or out of the State tho first day
of February,
0. The value Of Office furniture and
fixtures and such other furniture and
fixtures M may bolong 20 tho business
7, The value or tho live stock be.
longing TO said business or being used
therein,
y, The value Of all wagons carts or
other vehicles used IL said business or
belonging to It,
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