Pine Bluff daily graphic., 1912-06-15
FOE ACT NO. l, AaATNST ACT NO. ].

st!;on sta!s; ,' All property in this State,
 Sees,od Ssnd personal. tangible and intan-
 raI s"I not expressly by this Act
 eiplesntsd therefrom. shall be subject
 sss'g,ayation in the manner by this Act
 preSeton 2. All property described in
 Secnos,on SecIao, to the extent herein limit
 tnls .sali be exempt from taxation, to-
 WY All schoolhouses. academies, col
 Y. Y. universities and SemlnarieS of
 ieSes; with the books and furniture
 ka!nihe, lIain and the ground attached to such
 Mensnus and necessary for the proper
 paI..nan,.y use and enjoyment; this
 occ..iRs;on does not extend to property
 Pvsds nr otherwise used with a view
 to profit ,ouses used exclusively for
 .s,,o t worship. and so much of the lots
 puu,H narts of lots upon which such houses
 r. Ol Situated as may be necessary for the
 1Lesaar 1Le use. occupancy and enjoyment
 psme: such exemption shall not in
 .ss any property leased or in any
 snner cuuu used with 8 view to profit.
 An lands used exclusively for
 -.syevards except such as are held
 t,.h Q view to profit or for purposes
 wi's sansculation in the sale thereof.
 VI Spll All property, real and personal, ..1ong;ne to the United States or to this State. o,,,o.;-,.
 
 I :. any county, city. town, school dis " !..,t G or improvement district held and nsn,nloved exclusively Tor public pur All buildings belonging to institu- .ons of public charity including orphan ssvlnms, houses for the indigent and ssshiic hospitals together with the lands psSt,ally occupied by such institutions. rot leased or otherwise used with q s;su Hvs to profit and all supplies. furni- mre and personal property of every lind including moneys and credits, ap- nropriated solely to sustain and belong ing exclusively to such institutions v All fire engines and other appA- ratns used for the extinguishment of ] fires. with buildings used exclusively ,tor safe-keeping thereof. and for the
 meeting of fire companies. whether be $ longing to any town or to any fire company organized therein.
 n All public libraries and all real \ ,nd personal property belonging to or connected with the same.
 a All property belonging to camp } ar grove meeting associations. Sunday { Sohool assemblies, Young Mems Chris tan Associations. societies for religious
 instruction or worship. expressly dedi- cated and necessary for their proper oc- eupancy. use and enjoyment and not s leased or otherwise used with view to profit. used exclusively for the purposes of any State, district or county agricultural society or industrial exposition.
 II. All public market houses. squares. parks and other public ground owned and used exclusively for public pnr- poses, and all works. machinery and fixtures belonging to any town. and used exclusively for conveying water to said town. or supplying said town ~uikL 1xIf %rif sod otherwise used with q view to profit { Section B. Real property. for the purposes of taxation. shall be construed to include the land itself and all build 1nga. structures and improvements or other fixtures of wha lever kind thereon. sledSall rights. privileges and franchises Innless bS this Act otherwise provided) , thereto Mlonging or in anyWise per hining; also all trees growing thereon and all mines. mlerals. quarres or fossils thereon or hereunder.
 Section. 4. Personal property for futposes of taxation shall be construed To include;
 l. All goods. chattels, moneys and affects.
 !. All steamboats and other water craft employed in navigating the waters lying wholly or partly within this Mste and all capital belonging to the inhabitants of this State. invested in SlcdIlSulpS OT OCncr water craft, located without this State: pro- vded. the same is not taxed by another etate or sovereignty.
 sS} All improvements made by others upon lands, the fee of which is still ve4ted in the United States or this state, and all improvements and other structures. upon lands the titles of which are vested in any railroad com pany or other corporation whose prop cry IS not subject to the same mode q taxation as other property.
 v. All stocks of nurserymen and iQrfsts, growing or otherwise.
 D All gas. oil and water mains. ealed; all tracks, roads and bridges of sNeet railways. turnpike and bridge companies. and all poles, wires anG oIer apparatus of telegraph and tele- phone lines.
 z. Credits of every kind over and spove debts owed by the creditor. x. The income of every annuity. un- !ess !e the capital of the annuity be taxed m this State
 !; All public stocks. bonds and se- carties of every kind.
 .Ags. All personal property situated in Mls state. of corporations. whether the State. ~ 90 S'oe III UT o"' oi '''s
 lo. All shares of stock in banks. or sshized under the laws of this State or VI the United States.
 .ll. The capital stock. undivided prof ra. s", ana all other means not forming Ss.t M UT the capital stock of every com paIy whether incorporated or unincor-
 sectlon D. In the construction of this "x "st the following rules will be observ- trs ~ unless such constructions would be t;x tta;xSohsastent with the manifest inten- tne context !,
 x. h Person shall include firm, com May or corporation.
 ,r.s., Ihe term oath wherever used nj ,S ..lls n Act shall be held to mean oath or affirmation"
 ahs Every. word in this Act deneting snn,,a usS masculine gender shall extend and xS'S lo females as we'll as males. lYr... tensions receivable from the sr;a. ;.oo states. or from any State. sal hs hs'1S or payments excepted. shall not ss m.an; .,siu to be annuities within the sanlng of this Act.
 ktiv Iowh' shall be held to mean Sti, StiH,,du own or village if laid out in lots inccrOeks Oeks as prescribed by law. whether Se haSn hpSurated or not. and district shall .Sr to mean school district" 3of lava ract lot parcel or piece tiruoMs s snail De held to mean any con- sion as quantity of land in the posses prcn. oI owned by or recorded as the son sonperty of the same claimant or per the rue and full value" shall mean therea asual th selling price at the place ii sna,.e .ne property to which the term ssss,np,Iea shall be at the time of as- hS oh.ent' being the price which would Aof at therefor at private sale and