Sharp County record., 1912-05-31

this ........ day of ...........191
...'........,.. ........,,.. Clerk.
Section Is, The assessor shall prepare
recapitulation by school districts of
the personal property in each district,
Said recapitulation shall show the ag-
gregate value of each of the several
classes of personal property in the dis
trct and the total value of all the per-
sonal property therein, and the total
value of the several classes of per-
sonal property and of the personal
property in the county Likewise the
recapitulation shall show the total
value Of the real property in each school
district.
Section TO- The board or supervis
ors of assessments sitting either as an
equalization board or as a board of re-
vision and appeals shall hold it's meet
ings at the court house at the county
seat unless better to facilitate the work
it shall be deemed advisable to hold
sessions in other places in the county.
The minutes of the proceedings of the
board shall show at what places the
session of the board is held.
Section so. At the same time the as
SCISSOR files with the county clerk the
records prescribed by sections Sc and
n hereof he shall prepare an abstract
of the assessment rolls of his county
as provided for in section rs hereof,
and forward it to the Arkansas Tax
Commission Such abstract shall be
made upon forms prepared and furnished
by the Tax Commission and shall give
the information asked by the commission
under the various subjects fully and
completely as required.
If any assessor shall refuse or neglect
to prepare an abstract of the assess
ment rolls Of his county and forward
the same to the Tax Commission as re-
Quired herein, he shall forfeit his office
and all fees to which he is entitled for
making the assessment of said county.
Section 81, Section II of Act 257,
approved May ~. 1909. shall be amend.
ed so as to read as follows:
Section II. 1t Shall be the duty OF
the commission and 1t shall have power
and authority:
/, TO have and exercise general and
complete supervision over the assess
ment and collection of taxes, including
excise, franchise inheritance and LIQUOR
license taxes and the enforcement of
the tax laws of the State. and over the
several county assessors. tax collectors
board of supervisors of assessments ana
other officers charged with the assess
mcnt and collection OF taxes in the
several counties Of the State, to the
end that all assessments OF property in
the State shall be made In relative pro-
portion to the Just and true value there
Of in substantial compliance with the
law and all taxes due the State and it's
several agencies he collected
2. 10 confer with and advise assess
ors and boards Of supervisors of assess
ments as to their duties and give neces-
sary instruction and directions to as
SCISSORS and boards of supervisors of
assessments.
3. TO direct proceedings, actions and
prosecutions to be instituted to enforce
hn laut rnla N Ia,
red for violating the laws relating to
the assessment of property and collec-
tion of taxes; also to direct prosecutions
to be instituted against persons and
agents or officers Of corporations for
failure or neglect to comply with the
provisions Of the statute governing the
return. assessment and taxation of
property; also to cause complaints to be
made In the proper courts looking to the
removal from office OF assessor and
members Of the board of supervisors OF
assessments for any official misconduct
or neglect OF duty Of which such officers
may be guilty
4. TO require the Attorney General
and the several prosecuting attorneys
| OF the State to assist In the commence
ment and prosecution of actions and pro-
ceedings for penalties, forfeitures, over
due and unpaid taxes, removals'and pun
| Shments for violations OF the laws OF
and taxation OF property, or to repre-
sent the commission In any litigation
| in which II may become involved IN the
discharge OF It's duties,
3, TO require assessors, county clerks,
clerks Of tho circuit court collectors
and other county and state officers to
| report information aS to the assess
| ment OF property collection OF taxes
! receipts from licenses and other sources
| the expenditures of public funds for all
! purposes and such information as may
| be needed or desired IN the work i'm
| posed upon the commission by this Act,
| Such Information TO be furnished upon
such forms and upon such blanks as the
| commission may prescribe.
| D. 10 make and prosecute such re-
! sehfch ana investigation as to the detailed
| properties OF corporations the business,
! income reasonable expenditures, net
| earnings and true values of the fran
! chiseS or all public service corporations
! dolhR business In this State as viii en-
aple thc commission to ascertain n fair
| ana equitable baSlshof assessing same
ana OF making ana recommending proper
! leglSlaUon to the Legislature from time
! 10 lme ANA to direct the local assess.
| Ties,
Z To require individuals firms and
corporations to furnish information con-
| oeiuihB their capital, funded or other
| uoDts, current assets and liabilities value
OF property gross and net earnings,
! operating ana other expenses, taxes and
oth'f charges and such other facts as
may De neodful and desirable 20 en-
! hple Inc commission TO ascertain the
! vhluc ana relative burdens of taxation
99orne by all kinds Of property IN the
H. TO cause the dopositIona OF wit
| ncshcS residing within or without the
! othlo, or absent thorcfrom to be taken
! W,pon nolco to the Interested parties In
! llko manner M dopOsItions are taken In
! pNll hellons pending In the circuit or
! .hhhoelE court IN any matter which
| lho commission shall have authority 60
investigate and determine,
u 70 investigate the tax systems of
| olher states ANA countries ana 10 rormu-
.Ntc ana recommend such legislation as
! uuE no deemed oSpcdIont TO prevent
! VVNNlon OF the assessment and tax laws
! ulu TO secure Just ana equal taxation
| tnlouBhoOt the state
10, TO prescribe and mamma All
,n'NehFnlN Wv lhtcfroght0fieA hnd questions
w pe answered by taxpayers and peraonA
ui enoll county ana the forms upon
Wn'Vh iho llsts prescribed BY this Act
=, H. 70 consult ana confer with the
! Governor and Attorney General of the
state upon the subject of taxation, nd
nllnislhliOh OF the laws relating thereto,
unu we pfogfosa Of the work of the
| commission, ANA to furnish Anid orfioora