The Harrison times., 1912-06-15
FOR ACT NO. /,
AGAINST ACT NO. !.

AGAINST ACT NO. l.
BE II Enacted by the General Assem-
80 bly, of the State of Arkansas:
Be 1t Enacted by the People Of the
state Of Arkansas
Section /. All property in this State,
real and personal tangible and intan-
gible 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
cd. shall be exempt from taxation, TO-
wit:
/. All schoolhouses, academies, col
leges, universities and seminaries or
learning with the books and furniture
therein, and the ground attached TO such
buildings, and necessary for the proper
occupancy use and enjoyment; thls
provision does not extend to property
leased or otherwise used with view
10 profit.
2. All houses used exclusively. for
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
3. All lands used exclusively Tor
RTdVeyuTuS, except SuCu 40 hlS hN''
with view to profit or for purposes
OF speculation In the sale thereof,
T. All property, real and personal,
|&relQnging to the United States or 10
This State.
g. All property belonging exclusively
90 any county city, town, school ais,
lrct or improvement district held ana
employed exclusively Tor public pur-
poses 49,
6. All buildings belonging to instltu-
tlonB of public charity, including orphan
asylums, houses for the indiBent anu
public hospitals, together with the lands
actually occupied by such institutions,
not leased or otherwise used with a
view TO profit, and all supplies, fufnl-
turo and personal property or every
Kind, including moneys and credits, APP
proprIatod solely to sustain and belong
Ing exclusively to such institutions
7. All fire engines and other appa.
ratus used for the extinguishment OF
fires with buildings used exclusively
for safe-koeping thereof, ana Tor inc
meeting Of fire companies, whether pc
longing 20 any town or TO any ire
company organized therein,
8. All public Libraries ana all real
and personal property belonging TO or
connected with the same
0, All property belonging 10 camp
or grove meeting associations, sunday
School assemblies, Young Mems chris
instruction or worship, expressly dodi-
~ ANted and necessary for their proper oc.
cupancy use and enjoyment ana not
/ ioasod or otherwise used with view
20 profit. ,--,. -,
used exclusively for the purposes Of any
State district or county ogrleultufai
society or Industrial exposition,
II, All public market houses, squares
parks and other public ground owned
ana used exclusively for public pur.
posea, and all works, machinery and
sIStures belonging to any town and
used exclusively for conveying water
10 said town, or supplying said town
with gas or electricity not leased or
otherwise used with view TO profit
Section g. Real property Tor the
purposes OF taxation shall be construed
10 include tho land itself and oil build
ings, structures and improvements or
other fixtures OF whatever Kind thereon,
and all rights privileges ana franchises
Ninleas by this Act otherwise provided
thereto belonging or IN 0nywlao per-
tniningi also all trees growing thereon
and all mines minerals, quAffieB or
FOSSILS thereon or Hereunder
Section 4, Personal property for
purposes of taxation shall bo construed
I, All goods chottols moneys and
2, An ateamboats and other water
.rnft employed In navigating the welora
lying wholly or partly within this
rNsMte, and all capital belonging to the
Inhabitants OF this state, invested In
steamboats,, steamships or other water
craft, located without this state, pro.
vldod tho Same IN not taxed by another
state or sovereignty,
a, All improvements made by othora
up0n lands, tho fee or which W Htlll
vested In tho United st9tes or this
State, and oil improvements and other
atruetufea, upon lands the titles OF
which are vested In any railroad ooms
many or other corporation whose prop
arty IN not subject td the same mode
OF taxation as other property
4, All stocks OF nuraerymeh ana
florists, growing, or otherwise, -.
+, All gas, oil and water mains,
pipes eoHduita subways wherever los
Gated, oil tracks roads hnd bridges OF
street railways turnpike ANA bridge
companies, ANA nll poles, wires ana
othor apparatus OF telegraph ANA tee'
d. Credita OF every kind over and
above debts owed by the creditor
Z, The income OF every annuity uhs
less. the capital Of the annuity be taxed
IN this etate,
s. All public stocks, bonds end We
T n, Al personal property situated IN
thIn state OF eorp0ratlonH whether the
y owners thereof reside In or out OF this
10, All shares OF stock IN banks, or
saniged under the laws OF this State OF
on the United States
If, The capital stock, undivided prof
lla, And nll other mehnh not FORMING
mart of the capital stock or every com
many whether Incorporated or uhlne0f'
aeetlon &, In the construction Of this
Act Tho following rules viii be 0bsefV-
sd, unless such construction would he
ineonAiAlehl with tho manifest lntens
ilon OF the Legislature OF ronuHnhnt to
Wy VTeWon" shall include firm, com
pany or corpora lloh
p The term "0ath' wherever used
IN this Act shall be held 10 mean 'oath'
a, Every word IN this Act dehotihg
the masculine gender shall extend ana
apply 10 females M well ns males
Pensions receivable from the
United states, or from any state sal
aries or paymentH excepted shall not
be held 10 be annutieH within the
meaning OF this Act
a. Hfownn shall be held 10 mean
atty town or village if laid out IA lots
on bi0etA 40 prescribed NY law, whether
Incorporated or not, ANA dlatfct shall
ba held 10 mean 'Ach0Ol district"
Nrrhot,n not" parcel 0r piece
OF land hhall be held 90 mean any con-
tiguouH quantity or land ~ the posses
son OF, owned by or recorded ne the
ppdnaFty of the same claimant OF per-