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

tanship other than a minor snail he ilsteu
at the place where the property is To-
rated: provided. that all moneys. credits.
Investments in stocks and bonds OF such
persons under guardianship shall be
listed at the place where the guardian
Section IS. Personal property In the
hands of an assignee. receiver. trustee
in bankruptcy or other court OFFICER
shail be listed and taxed at the place
OF listing before the appointment OF
such assignee, receiver, trustee or other
officer. :,
Section &c. When any person shall
settle or any association or corpora
sion shall organize in any county OF
this State. and bring personal property
therein after the first day of February
and pYfer to the first day of october
in any year. it shall be the duty of the
assessor to list and return such property
for taxation that year unless the owner
thereof shall show to the assessor, under
oath, and by producing copy of the
assessment duly certified by the proper
officers of State or county in which
said property was assessed. that the
same property has been listed for taxa
ton for that year in some other county
in the state. or n some t otner re such
property is brought within any county
after the assessor has made ms returns
for that year to the county clerk tne
assessor shall at once assess such prop
erty and return the same to the county
clerk and the same shall be entered by
the county clerk on the tax-oooKs ana
/
Section AZ. If any person of this
State. after his personal property mas
been assessed and before the tax thereon
IL paid shall sell all of the same ana
not retain sufficient to pay the taxes
thereon, the tax for that year snail be
a lien on the property SO sold. Inc
one owing such tax shall be c1w,Ity
for any taxes he owes thereon. but the
property so purchased shall be liable IN
the hands of the purchaser or purchass
,ot, fox Hn6 II
1.-THE property be sold in the ordinary
course of mercantile trade, 1T shall not
he so liable in the hands Of the pur-
ichasers.
Section As. If the property of any
taxpayer be seized by legal process so
as not to leave sufficient amount ex-
taxes. then the taxes on the property OF
such taxpayer shall at once fall due
and he paid from the proceeds OF the
sale of the property SO takeh h on IL s ir,s
against 1t.
Section 49, When any person is about
TO remove his property from the stare;
after the same mas been assessed ana
before the taxes thereon have been palo,
without leaving sufficient remaining for
the payment of the taxes thereon the
tax shall at once become due and pay
able which fact shall be determined by
any court of competent jurisdiction In
an action brought in the name of the
state. for the use of the county against
the owner or reputed owner of such
nroperty. which court may render
Judgment thereon. and enforce the
rame by execution Attacnment may may
bond. and it shall be enforced as IN
Section So If property subject, to
taxation be sold, seized or attempted to
Sc removed as provided in sections 4 T.
48 and 40 of this Act, before the county
clerk has turned over the tax-books Tor
that year to the collector then If the
assessors books be in the assessors
hands, he shall furnish the collector
the assessment of that person; but II
SCISSORS books be in the hands of the
county clerk. then the county clerk shall
furnish to the collector the assessment
Of that person. and the collector shall
az once levy on the property so return
"a to him the percentage of tax levie
in that county for the previous yea
and collect the same as in this Act
provided. Should the percentage thus
collected exceed the rate leviei for the
current year such excess shall be re
turned to the person entitled thereto
BY the collector upon the order of the
county court.
Section 81. In case of doubt as to tie
listing of personal property. or where
It cannot be listed as in this Act pro
vided If between places in the same
county. the place of listing shall be de
termined by the board of supervisors
81 assessment. and if between different
counties. or places in different counties.
by the Arkansas Tax Commission; an
when determined in either case shall
be as binding as if fixed by this Act
shall. be of the opinion that the person
listing real personal property for
himself or for another person. firm
company or corporation has not made
q full, fair and complete list thereof, or
has valued any property at less than its
true and full valve in money, he shall
examine such person at length under
oath. He may also call before him any
Oths- persons having knowledge of the
fproperty of the party whose assessment
10 questioned. and examine such persons
under oath with respect to such prop
4 If. after making such investigation
or at any time before the taX-books are
turned over to the board of supervisors
of assessments. after the assessment
has been made the assessor is or the
opinion from such evidence as may be
discovered by him that the party max
ing the list has omitted any items or
has listed any real or personal property |
below its true and full value in money,
IT shall be his duty to ignore the valua-
tfon as returned and assess such omit
ted items OF such parcels of real es-
tate at it's true and full value in money
likewise it shall be his duty to raise
the valuation of any real or personal
property which may have been under
valued by the person listing 1t, to its
true and fun value in money. In case
however the assessor shall change the
valuation of the property of any person
as fixed by the person himself he shal
notify such person in writing of such
change. Such notification shall be
made before the second Monday in Au
gust of the year for which the assess
ment is made.
Section SO. Each person required by
his Act to list property for taxation i
shall. by himself or agent attend at
one of the places in the proper town
ship. fixed by the assessor for making
assessments in such township and list
the property. real and personal by this
hcf rapllirel If person shall ran
TO attend at one of such places and list
the property. he may appear before the
assessor at some other place in the
county within ten days after the last
day fixed for making the assessment In
such township and make the list or
lists required of him by this Act Shout
the person not appear before the as
SCISSOR and make the list within ten
days he shall be deemed to be a delin
1uent ana penalty of one dollar. half
of which shall go to the assessor and
the other half to the common school
I fund. shall at once accrue The as
, SCISSOR shall. as soon as practicable
s;thar nv himself dpDutV visit the