The log cabin Democrat. [volume] (Conway, Ark.) 1901-1982, 1912-06-20


49,, in the State for the purpose OK
roouiring the proper assessment ana TO
turn of property. UNIFORM salee 10 y
of and the use OF FORMS anu ~ ,sw or
keeping accounts proN' ~
nv the commission
Section IS. Section IL OF Act zoa OF
,ha Scts of 1909, approved May ~, fSoy'
shall be amended 80 as to rean ~ ioi-
lows:
Section ~. The Arkansas Tax oom-
;Seion as hereby created shall cOhsti-
M a state board of equalization ana
sbou e0ualize the valuations ana an
easements of property throughout thS
state 1t shall meet at the Staoe sap
~ tbe first day of September OF each
S,nar for the purpose of equaiizfng Tn?
assessments of the real and persona
nronertv of the State. the commIs-
sion. as a State board OF eduan'~ I'LL
rnav in its discretion, sit at any other
nIace i'm the State 1T may deem advlsaois'
FOR the purpose of making nvestsa
tions or granting hearings reiatlng 70
the work Of equalizlng me ne p pnpev,,s.,on
as State board of equalization snail
continue from the first day OF Septem-
her TO the fifteenth day or OctoDer each
vear AS a State board of equalization
tbe Arkansas Tax Commission shall
have the following powers and SHAN Do
governed by the following rules:
/ To hear appeals from individuals.
firms and corporations from the orders
and judgments Oh the .sr.ant.
boards of supervisors of assessments
and 20 grant such relief as may Dc
deemed just and proper
. They shall sdd to the aggregate
valuation of the real property OF every
county which they find to be warned
below its true full and proportfonate
value in money such per cent as VIII
bring the same to it's true, full and pro-
portionate value in money.
2. They shall deduct from the ag-
gregate valuation of the real property
valued above its true, full and proper
tionate value in money such per cent
as will reduce the same 20 It's true. fuH
and proportionate value In money.
IF they find that the valuation OF
the real property of any town or dis
trict in any county or OF the real prop
erty of any county not in towns. should
he raised or reduced without raising or
reducing the other real property in such
county or without raising or reducing
II in the same ratio. they may add to
or take from the valuation Of any ono
or more of such towns OF districts or
of the property not in towns, such per
cent as they believe will raise or reduces
the same to it's true, full and proper
tionate value in money.
s They shall add to the aggregate
valuation of any class of personal prop
erty in any county, district or town
which they believe to be valued below
it's true, full and proportionate value
in money such per cent as VIII raise the
Same to it's true. full and proportienats
value thereof
6. They shall take from the aggre-,
gate valuation of any class of personal
property in any county. district or
town which th~y find to be valued
above the true fun and proportionats
value thereof. such per cent as will re-
luce the same to it's true, fun and pro-
portionate value
T. Should the commission find II neo-
nssary, in equalizing the assessment OF
the state. to raise in the aggregate
the valuation of the real estate. or of any
personal property in any town, district
IT county as provided in paragraphs 2:
3 A. 5, and of this section. and
rhould il also find that the individual
assessments of such town, district. or
county are not equalized and that by
such raise in the aggregate of vafua-
tions such given per cent the assess
rnent of any individual taxpayer in tho
town district. or county. as the case
may be- is increased to a point where
the same is above the true. fun and
oroportionate value in money of tho
property Of such taxpayer the commits
sion shall have the power and 1t 10
hereby made its duty. after II has
made such raise in valuation in the az
gregate, to reduce the assessment of
ZACH such individual taxpayer to a point
where it will not be above true. full
md proportlonate value in money
thereof.
Section 10. BEFORE TAKING any aCtfOn
with respect to the property Of any
county district or town, as provided by
~arap graphs 2, 3. a. 5. and z. section
3 hereof. the commission shall cause
written or printed notice to be served
lpon the county judge of the county
wherein is located the property AFFECT
ed Said notice shall be published In
some newspaper In said county, VI one
s published IN the county; If not then
IN a newspaper having a circulation IN
said county. in at least two weekly
Ssues before the date of said proposed
change. The notice shall give the date
and place at which the commission Will
cit and shall warn said county Judge
and all citizens of said county to appear
vt said time and place and show cause.
if any they can. why such change shah
not be made or such assessment Tn
creased or reduced. and the result OF
said hearing If any increase or de-
crease should be made. shall be certif-
ed to the county clerk of the county
affected on or before the fifteenth day
Section 81 If. while sitting as .
state board of equalization between
Sertember LIST and October 18th. the
Arkansas Tax Commission shall find In
anualities or want of uniformity be-
tween the assessments In any coHnty,
the commission may, in its discretion.
either enualiZe said assessments itself.
IS provided in section IS of this Act.
or IL may call a special session Of the
Noard OF supervisors of assessments OF
the county to sit both as a board OF
equalization and board of revision and
appeals. At such special session tho
board of supervisors of assessments
| may revise and review the assessments
Of the county and may raise and re-
| luce the assessments of individuals and
corporations to the same extent and In
the same manner as 1t is by this Act
authorized to do at the regular session.
At said special session the board
shall have as full power to act with re-
spect to the assessments OF the county
| rs it had at the regular session. AZ
| such special session. before the assess
nent OF any taxpayer shah be in
| creased. such taxpayer or hts agent
| shall be given at least two days notice
If such proposed increase The tax
"ayer may appear before the board SIT
| ting 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
way be taken from the decisions Of the
| NOard of supervisors of assessments
made at special sessions in the same
manner and by the same parties as thts
Act provides for appeal 10 be taken
| lot 4Q -