Pocahontas star herald., 1912-06-28

this ........ day Of f...........191.
''''..'..'...,.,., CLERK.
Section as. The assessor shall prepare
a 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
trict 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 20. The board or supervis-
ors of assessments sitting either as an
equalization board or as 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
1t shall be deemed advisable to hold
sessions in other places in the county
Ihe 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 &C and
u 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 N xyb he &C.
making the assessment of said county
Section 81. Section IL of Act 257
approved May 12, 1909 shall be amend
ed so as to read as follows:
Section H. 1t shall be the duty Of
and authority:
], To have and exercise general and
complete supervision over the assess
ment and collection of taxes, including
excise, franchise, inheritance Id liduor
license taxes, and the enfor, ment of
the tax laws of the State, an. over the
several county assessors, tax collectors
board of supervisors of assessments and
other OFFICERS charged with the assess
ment 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 its
several agencies be collected
2. To 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
the laws relating to penalties incur
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 i'm 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
ceedini,s for penalties, forfeitures, over
due and unpaid taxes, removals and pun
ishments for violations of the laws of
the State I'm respect to the assessment
and taxation of property, or to repre-
sent the commission in any litigation
in which II may become involved in the
discharge of its duties.
g. To require assessors, county clerks
clerks of the 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.
6. To make and prosecute such re-
search and investigation as to the detailed
properties of corporations. the business
income. reasonable expenditures, net
earnings and true values of the fran
chises of all public service corporations
doing business in this State as will en-
able the commission to ascertain a fair
and equitable basis of assessing same
and of making and recommending proper
legislation to the Legislature from time
to time. and to direct the local assess
ing officers in assessing such proper
ties
7. To require individuals. firms and
corporations to furnish information con-
cerning their capital, funded or other
debts, current assets and liabilities value
of property, gross and net earnings
operating and other expenses, taxes and
other charges and such other facts as
may be needful and desirable to en-
able the commission to ascertain the
value and relative burdens of taxation
borne by all kinds of property in the
State.
8. To cause the depositions of wit
nesses residing within or without the
State, or absent therefrom, to be taken
upon notice to the Interested parties in
like manner as depositionS are taken in
civil actions pending in the circuit or
chancery court in any matter which
the commission shall have authority to
investigate and determine.
Q, TO investigate the tax systems of
other states and countries and to formu-
late and recommend such legislation as
NAV be deemed expedient to prevent
evasion of the assessment and tax laws
and to secure just and equal taxation
throughout the State.
10, To prescribe and prepare all
necessary interrogatories and questions
TO be answered by taxpayers and persons
of each county, and the forms upon
which the lists prescribed by this Act
are to be made.
II. TO consult and confer with the
Governor and Attorney General of the
state upon the subject of taxation, adj
ministration of the laws relating thereto
and the progress of the work of the
commission. and to furnish said officers
from time TO time such information and
assistance as they may desire.
70. To transmit to the Governor and
m zach member of the General Assem-
blv thirty days before the biennial ses-
sion of the Legislature. the report of
tbe commission covering the subject of
assessments and taxation in the State
together with such measures as may be
formulated for the consideration of the
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