Pine Bluff daily graphic., 1912-06-15
or,,ce of such corporation may be To-

off1ce of such corporation may be To- rated.
 l Section 37. The personal property pertaining to the business of q mer- chant or of a manufacturers, whether & person or corporation. snail be listed 7 and taxed in the county. town or school district where snch business IS t carried on. Merchants and manufac. tlrers having more than one place or business shall make and file ;t sepa rafe list of the property pertaining to each shall be filed in the county. town or school district in which the property , embraced in it is located.
 Section @s. Nonresidents of the , State doing business in the State. eith- CT as principals or partners. shail De taxed on the basis of the capital in
 vested in such business as pefs"nai
 property in the district where such
 business is carried on, to the same eS-
 tent as if they were residents of the
 State. Money. negotiable securities
 bills receivable open a'r"'ints. credits
 of every kind and choses in action Of
 every character incident to. growing
 out of or pertaining Co said business
 shall be deemed t" be situated at the
 place where the business is carried on
 and shall be taxed as part ot sad
 business. The amount of credits to be
 taxed shall he ascertained in the same
 manner credits of residents ot
 this state.
 Personal property of nonresidents Of
 the State having an actual situS in the
 state, and not forming part of the
 shall be assessed in the name of the
 owner thereof for purposes of identifi-
 cation and taxed in the district where
 Section 3s. Logs. lumber. crossties,
 slaves, stave bolts, stave headings. posts and other similar timber prod,
 ucts cut for sale shall be deemed
 to be manufactured articles or materials
 in process of manufacture. as the case
 he e
 cut or manufactured them for sale. and
 merchandise if they have passed into
 for the purpose of selling them and
 whether they are the property of
 person or corporation they shall be listed
 and taxed in the county. town or dis
 trict in which they may be located on
 February lSt.
 Section 40. Live stock and other per upon a farm upon which the owner.
 whether person or corporation. does
 not reside shall be listed and assessed
 in the county or district on which the farm is situated; provided that if tn" farm is situated in more thaa one dis trict the personal property used in con
 nection with it shall be listed and as
 sessed in the district which the principal
 farmhouse of place of business is To-
 cated.
 Section Al. Steamboats barges and watercrafts of every kind shall be listel , and assessed in the county town or ) school district in which they are en- rolled. registered or licensed. and if not enrolled. registered or licensed then in
 the town. county or district where usually kept.
 Section 42. Personal property of gas.
 water. electric light street railway. tele graph. telephone. toll road. toll bridge. sleeping car. express pipe .line private
 car lines and railroad companies shall be listed and taxed in the county. town or district where located. If located in and operated through more than one county. town or district then the value of the entire plant shall be ascertaned } and there shall be allotted to each
 county, town and district its propor- tionate part of the value of the plant. Section 43. The personal property of the estate of deceased person shall be listed and taxed at the place of listing at the time of the death of such per son.
 Section A. The personal property of Q minor and every person under guard , ianship other than minor shall be listed | at the place where the property is To- :: cated: provided, that all moneys. credits.
 persons under guardianship shall be , listed at the place where the guardian or curator resides
 Section 45. Personal property in the
 hands of an assignee. receiver trustee f Tn bankruptcy. or other court officer, shall be listed and taxed at the place f such assignee, receiver, trustee or other officer.
 Section 4s. When any person shall 2 settle. or any association or corpora tion shall organize in any county of
 this State. and bring personal property therein after the first day of February in any year. it shall be the duty of the assessor to list and return such property for taxation that year. unless the owner : thereof shall show to the assessor. under !, oath, and by producing copy of the
 assessment. duly certified by the proper 5 omcers or State or county. in which same property has been listed for taxa l ton for that year in some other county : m the state or in some other state or
 property is brought within any county
 after the assessor has made his returns TOT that year to the county clerk the r erty and return the same to the county . clerk, and the same shall be entered by the. county clerk on the tax books and e collected as in other eases.
 f Section, A.. If any person of this r state. after his personal property has been assessed and before the tax thereon Q not retain sufficient to pay the taxes
 thereon, the tax for that year shall be g lien on the property so sold. The f liable to any purchaser of such property Q l for any taxes he owes thereon, but the ! property so purchased shall be liable in CTS for such tax; provided however. if the property be sold in the ordinary e course of mercantile trade. it shall not ? chasers. r /. Section 4s. If the property of any :; taxpayer be seized by legal process so . as not to leave sufficient amount ex- ! empt from the levy and sale to pay the . taxes. then the taxes on the property of U such taxpayer shall at once fall due and be paid from the proceeds of the sale of the property so taken on such process. in preference to all other claims = against 1t.
 Section 49. When any person is about y to remove his property from the State j. aIter the same has oeen assessed and n before the taxes thereon have been pa i'd r without leaving sufficient remaining for + the payment of the taxes thereon, the '- tax shall at once become due and pay y able, which fact shall be determined by t any court of competent jurisdiction in b an action brought in the name of the e state for the use of the county against { the owner or reputed owner of such r property. which court may render Q Judgment thereon. and enforce the