The Harrison times., 1912-06-01

Keeping accounts provided by law or
by the commission.
Section So. Section 12 of Act 257 OF
the Acts Of 1909, approved May II, 1909,
shall be amended so as to read as 1oI--
lows:
Section 12 The Arkansas Tax Conn
mission as hereby created shall constl"
tute a State board of equalization and
shall edualize the valuations and as
sessments Of property throughout tho
state. 1t shall meet at the state capital
on the first day Of September of each,
YEAR for the purpose of equalizins the
assessments Of the real and personal
uroperty of the State. The commits
sion as a State board Of equalization
NAV. in its discretion, sit at any other
place in the State 1t may deem adVlsapIe'
for the purpose Of making investiga-
tons or granting hearings relating to-
the work of equaliZing the property OF
the State. The session OF the commission
as a State board Of equalization shall
continue from the first day Of Septem-
Der to the fifteenth day of october each
year As a State board Of equalization
the Arkansas Tax Commission shah
have the following powers and shall be
governed by the following rules:
l. TO hear appeals from individuals,
firms and corporations from the orders
and judgments Of the several county
boards Of supervisors or assessments
and to grant such relief as may be
deemed just and proper
@ They shall add to the aggregate
valuation of the real property Of every
county which they find to be valued
below its true, full and proportionate
value in money such per cent as will
bring the same to its true, full and pro-
portionate value in money,
g. They shall deduct from the ag-
gregate valuation of the real propertx--
Of every county which they find to be
valued above it's true, full and propor-
tionate value In money such per cent
as will reduce the same to its true, full
and proportionate value in money.
A. If they find that the valuation or
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
be raised or reduced without raising or
reducing the other real property in such
county or without raising or reducing
It in the same ratio they may add to
or take from the valuation Of any one \
or more Of such towns, or districts or
of the property not in towns, such per
cent as they believe will raise or reduce
the same to its true, fun and propors
tionate value in money
g. 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
its true, full and proportionate value
IN money SutIl per cent as Will raise the
same TO Its true, full and proportionato
value thereof
G. They shall take from the aggre-
gate valuation Of any class Of personal
property in any county, district or
town which they find to be valued
above the true, fun and proportlonats
value thereof such per cent as will re-
duce the same to It's true full and prss>
portIonate value,
T. Should the commission find Il neo-
essary In equali2ing the assessment OF
the State, to raise In the aggregate
the valuation or the real estate, or OF any
personal property In any town, district
or county as provided In paragraphs 2,
3, 4, g., and Of this section, and
should Il also find that the individual
assessments Of such town, district, or
county are not equali2ed and that by
such raise In the aggregate OF valua-
tions such given per cent the assess
ment Of any individual taxpayer In the
town, district, or county, as the case
may be, is increased 10 n point whore
the same Is above tho true, full and
proportonate value In money OF the
property OF such taxpayer the commls-
sion shall have the power and Il IL
hereby made It's duty, after Il has
made such raise In valuation In the ag-
grcgntc, TO reduce the assessment OF
each such individual taxpayer 10 n point
where II will not be above true, fun
and proportionotc value in money
thereof,
Section SO, Before taking any action
with respect 10 the property OF AnN
county, district or town, as provided by
paragraphs 2, 3, 4, 8, 0 and Z, section
S6 hereof the commission shall cause
written or printed notice 20 DO served
upon the county Judge OF the county
wherein is located tho property nffccV
ed, Said notice shall be published IN
somo newspaper In said county, II ono
l. IA. a.. ,t,ft q al
IN n newspaper having q circulation IN
| said county IN 0t leaat two weekly
issues before the date OF aald proposed
change, Tho notice shall give tho date
and place at which the commission VIII
sit and shall warn said county Judge
and all cti2cns OF said county 10 appear
at said time and place and show cause,
II any they can, why such change Shalb
not be made or such assessment In
| creased or reduced and the result or
said hearing II any Increase or de-
crease should bo made, shall be cortlhs
ed 20 the county clerk OF the county
affected on or before tho nftoonth day
OF october, h
Section ST. r. while sitting ms n
state board Of equalization between
September lst and october 18th, the
Arkansas Tax Commission shall 1nd In
| edualltloa or want or uniformity bee
| tween tho assessments In any county,
| tho commission may In lta discretion,
either oquali2e said assessments itself
az provided IN section 30 or this Act
or II may call special session OF tho
board OF supervisors OF assessments OK
tho county 60 sit both aa q board ofl
| equalization and n board OF revlslon and
appeals. AZ such special session th
| board OF supervisors OF assessments
may revise and review tho nasossmentt
OF the county and may r0lgo and re-
duco tho assessments Of individuals ana
corporations 20 the same extent and Ia
| the same manner a. IL is by this Act
authorized 90 do Ht the regular session.
At Rnid special session tho board
| ffiall have 90 fun power 10 net with re-
apcct 60 the assessments OF the county
nA II had Nt the regular session, AZ
such special session, before tho ASSESS
ment OF any taxpayer shall be ins
creased, such taxpayer or his agent
| shall be given At least two days notice
| of such proposed increase, The tarz
payer may appear before tho board at=
ting as board OF revision ana appeals
and contest the proposed increase I'm hlH
assessment IN tho Same manner M he
could ne the regular session, Appeal
may be taken from the decisions OF the
| board OF supervisors OF assessments
made at special sessions IN the same
manner ana by the same parties as this
| Act provides for appeal TO be taken
| from tho decisions OF the board made
at lta regular RoBalon
A 81 IA a