The Harrison times., 1912-06-22


State of Arkansas:
Section l. All property in this State
real and personal tangible and intan-
GlDle not expressly by this Act
exempted therefrom, shall be subject
to taxation in the manner by this Act
prescribed
Section 2. All property described in
this section to the extent herein limit
ed, shall be exempt from taxation, to-
wit:
l. All schoolhouses, academies, col
leges, universities and seminaries oi
learning, with the books and furniture
therein, and the ground attached TO such
buildings, and necessary for the proper
occupancy use and enjoyment; this
provision does not extend to property
leased or otherwise used with a view
to profit
2. All houses used exclusively fol-
public worship, and so much of the lots
or parts Of lots upon which such houses
are situated as may be necessary Tor the
proper use, occupancy and enjoyment
OF same; such exemption shall not In
clude any property leased or In any
manner used with view 20 profit,
g. All lands used exclusively foI
graveyards, except such as are held
with view to profit or Tor purposes
of speculation In the sale thereof
4. All property, real and personal
belonging to the United States or to
this State
6. All property belonging exclusively
10 any county, city, town, school DIS,
trict or improvement district held and
employed exclusively ror public pur'
~poses
N6 All buildings belonging to instltu-
tions OF public charity, including orphan
asylums, houses for the INDECENT and
public hospitals, together with the lands
actually occupied by such institutions
not leased or otherwise used with a
ViaW n nrDfit and nll dmunnllpS. 1lfnl=
ture and personal property of every
kind, including moneys and credits, APP
propriated solely to sustain and belong
ing exclusively to such institutions
z, All fire engines and other appa,
ratus used for the extinguishment OF
fires, with buildings used exclusively
for safe-keeping thereof, and for the
meeting OF fire companies, whether be-
longing to any town or to any fire
company organized therein.
3. All public libraries and all real
and personal property belonging 20 Oh
connected with the same,
o. All property belonging TO camT
or grove meeting associations, sunday
School assemblies, Young Mems Chris
tian Associations, societies for roliglous
instruction or worship, expressly dedl-
Gated and necessary for their proper oc.
cupancy use and enjoyment, and not
leased or otherwise used with view
to profit,
10, All property belonging to and
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 pur,
poses, and all works, machinery and
fixtures belonging TO any town, and
used exclusively for conveying, water
20 said town, or supplying said town
with gas or electricity not leased OF
otherwise used with view TO profit
Section g. Real property, for the
purposes OF taxation shall bo construed
TO include tho land Itself and oil build
ings, struoturos and improvements OF
othor fixtures OF whatever Kind thereon
and all rights, privileges and franchises
(unless by this Act otherwise provided
thereto belonging or In Anywise per
talnlng, also all trees growing thereon
and all mines minerals, qunrries oi
fossils thereon or hereunder
Section. 4, Personal property fol
purposes OF taxation shall be construed
20 includes
/, All goods ehottels moneys and
3, All steamboats, and other water
craft employed IN navigating the waters
lying wholly or partly within this
State, ana all capital belonging TO The
Inhabitants OF this state, invested In
atenmboats, steamships or other water
craft located without this state, pro-
VIded, tho same Ia not taxed by another
State or sovereignty,
4, An improvements made by others
unon lands, tho fee of which In stu
vested In the United states or this
state, and all improvements and Other
atrucuros, upon lands tho titles OF
which are vested IN any railroad COM
pany or other corporation whose prop
erty In not subject 90 tho same mode
OF taxation as other property
4, All stocks OF nurserymen and
florists, growing or otherwise,
g., All gas, oil and wator mains
pipes, oondulta auhwaya wheroy0r To-.
c0tod, all tracks roads ana bridges OF
street railways, turnpike ana bridge
companies and all poles wires and
other apparatus or telegraph and tele'
phone lines,
above debts owed by the creditor
less tho capital Of the annuity be taxed
IN this state
S, All public stocks bonds and ae
eurtlea Of every kind
-, ., An personal property situated II
owners thefeos reside IN or cut of thii
10, All shares OF stock In banks, or
rnnlged under the laws OF this state oi
OF the United states
lie lHN NNHllNl hN''Nt NHhlNlN'N Hl'l
ita, and all other means not fofmlne
pnrt OF the capital stock OF every com
pany whether Incorporated or unlneor
pofatedi
Section o. In tho construction OF this
Act the following rules VIII bo ohaefv'
cd unless such construction would bt
inconsistent with the mnnlfeHt lnten'
tlon OF the Legislature, or fepngnant u
the eonteNtl
/, dPeraon" shall include firm, com
pany or corporation,
g. The term "0ath" wherever used
IN this Act shall be held to mean oath
or 'arflrmaton"
a. ilvory word In this Act donotlnp
the masculine gender shall extend and
apply TO females aH Well az males
Pensions receivable from The
Uhited states, or from any State sal
aries or payments excepted shall mol
bs held o. be ahnulties within the
meaning OF this Act
d 'Nfown' shall be held 10 near
atty, town or village II laid out In lotf
or blocks ns prescribed by law, whether
inoorporntod or not, and district shall
be held 20 mean "Hohool district"
d, iafraet" Tot" parcel" or piece
OF land shall be held 20 mean any con
tauous quantity OF land IN the posses
alan Of owned by or recorded hs IN,
property OF the same claimant or per
'orrue aud run value shall meat
the usual selling price ~ the plhe'
where the property % which the tern
d appled shall be at the time OF as
..asWsntl LaiuH tho pfiee which would