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

TtVUITEU 7
| in any way connive at any violation or
evasion of the law with respect to the
| listing or valuation of any property of
amy kind for taxation"
Any assessor who fails to take the
! oath herein prescribed within the time
prescribed S all 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 12 The assessor shall ap-
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 10. 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 ana
| shall devote al least three days to the
work of assessing the property of eac
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
/ purpose of taking the lists of the tax
! payers and assessing the property. He
! shall give ten days notice of the time AMI
place at which he shall attend by post
! ing at least six printed or written no
tees in as many public places in each
! 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 properly OF any KIND or
who is by this Act required to assess
property, shall attend at tie time ana
| place proVlued by section IS 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 1913. and thereafter each odd num-
| bered year, real estate shall be assessed;
each parcel of real estate snail be as
sesSed a it's true and full value IN
money Each person required, under
section IA of this Act TO LIST property
! shall attend at one of tae 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 mis- deputy, fix
the value of each parcel of land ownei
| by him or which it is his duty to list
lie shall also, if the assessor demand
it, fix the value of the timber on any
tract of land, also the value of any
mines. minerals. fossils. quar- es ;
springs, or anything else on the land
t at 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 if the timber located on the land is
! held by another person, the estate there
in of each and tie relative value of
| their respective interests, shall be aScer-
| tanned by the assessor AMI each interest
shall be assessed separately.
Section 16. Every merchant shall
make and file with the assessor list
| in which he shall set forth distinctly:
l. The average value of merchandise
carried in stock during the year i'm
mediately preceding the first day of
February of the year in which the as
| sessment is made; if he has not been in
| business for a year then he shall take
the average value during such time he
has been so engaged If he be commence
ing business then he shall take tie value
of the merchandise in stock at the time
| of the assessment No deduction shall
! be allowed because any part of the
goods carried have not been paid for.
All goods carried on consignment shall
| be included
2. The value of credits as defined in
paragraph 10. section s. hereof belong
| ing to him and pertaining to said bust
ness on the first day of February of the
year for which the assessment was
! made.
3. The value of the furniture and
fixtures used in said business.
A. The value of money, including
bank deposits or deposits with other
| merchants in or out or the State on
| February first.
5. The value of all horses, mules
and other live stock used in said mer
camille business.
! 6. The value of ar wagons, carts
or other vehicles employed in said bust
| ness.
7. The value Of all other personal
property, not falling within the class of
one of the above items. employed in
said mercantile business
Section II. Every person com
| pany engaged in the business of receiv-
| ing property in pledge, or as security
for money or other thing advanced to
pawner or pledgor, shall annually at the
time by this Act prescribed for the as
sessment of personal property. return,
under oath. all property pledged to and
! held by him as a pawnbroker, to the as
| SCISSOR of the proper county, who shall
LIST and assess the same to such pawn
| broker at its true and full 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
and filed with the assessor a list in
which he shall distinctly set forth:
l. The average value of all materials
purchased. received or OF erwise held
for the purpose of being used in whole
or in part in any process of manu-
tacture Said average value shall be
for the year imme lately preceding the
first day of February of the year for
which the assessment is made.
2. The average value of all finished
products carried the year Immediately
preceding the first day of February of
the year the assessment is made
3. The value of all engines. boilers
and other machinery. implements or
tools used in such manufacturing bust
ness on hand the first day of February.
4. The value of credits. as defined by
paragraph IS. section s. hereof carried
on the books of said manufacturing
business the first day of February the
year the assessment is made.
s. The value of money on hand or
deposited in banks or with other persons
in or out of the State the first day
of February
g. The value of office furniture and
G<-tl q ND nth fIlrrN INV
fixtures as may belong TO the business
T. The value of the live stock be-
longing to said business or being used
therein.
s. The value of all wagons. carts or
other vehicles used II said business or
belonging to it.
The valve of all other personal
property not falling within either of the
above classes being used in said bust
ness
Section 10. Every lawyer physician
dentist SURGEON. chemist, veterinary
surgeon, architect. abstracter of titles
contractor of any kind or civil engipnn~