The Huttig news., 1912-06-01

it's opinion may be necessary to the per formance of its duties as herein pro- vided. In boards consisting off three members two shall constitute a quorum three members shall constitute quorum Section 72. The clerk of the board shall keep. in a book provided for that purpose. a record of the proceedings of the board. Said record shall show the items of personal property and parcels of real estate whose valuations the board has changed Before the fifteenth day of August or before adjournment provided the board adjourns before the fifteenth day of August. the clerk of the board shall prepare a written or printed notice of each increase in valua- tion made by the board. Such notice shall show each item of personal prop erty or parcel of real estate which the board has assessed or whose valuation it has increased: also the valuation as originally made and the valuation the board has placed thereon. Such notice shall be signed by the chairman and the clerk of the board. It shall be served on the owner of the property whose assessment Hs affected. or his agent either by the clerk in person or it shall be sent by mail to such person or agent The notice shall warn the person affect ed to appear at a session of the board of supervisors of assessments to be begun and held on the fifteenth day of August following, and show cause why such increase in valuation shall not be made.
 Section 8. On the fifteenth day of August each year. the board of super visors of assessments, with the county judge as eX-officio member and as chairman thereof, shall meet as a board of revision and appeals for the purpose of hearing complaints that taxpayers may have to make because of the un- dervaluation or overvaluation of prop erty Such sessions may continue from day to day until the first day of Sep ternber if the board does not sooner complete it's work. At such session the board shall be governed by the follow ing rules:
 I. It shall hear and consider no evi- dence unless the witnesses are sworn as witnesses are sworn in court of justice
 2 Taxpayers aggrieved because of the valuation placed upon their prop erty by the assessor or by the board sitting as board of equalization may appear in person and by attorney and offer any legal evidence they may have touching the justice or legality of the proposed increase in the valuation of their property.
 g. The county and State may appear either by legally appointed attorney or by the prosecuting attorney or his deputy.
 4. If a taxpayer is of the opinion that another taxpayers property is un- dervaYued he may appear before the board and make complaint and it shall
 
 assessments so complained of in such manner as the facts may warrant.
 g. If it should develop at the hearing or in any other way that items of per sonal property or parcels of real estate are assessed below their true and full value in money, the board shall raise the valuation of such undervalued prop erty to it's true and full value in mon ey first giving the owner of such prop erty notice as is provided in section 72 hereof, to appear and show cause why such raises should not be made.
 6 It shall not be considered ground for reducing the valuation of the property of the taxpayer that ad- joining property or that other property in the county is assessed below its true. full and proportionate value in money or is net assessed at all. but such other underyalued property shall be by the board increased in valuation to its true. full and proportionate value in money. or properly assessed. as the case may be.
 [ By vote of a majority of the board any contested assessment can be reduced or raised as the evidence in troduced at the hearing may justify
 Section "A. It is the purpose of sec- ton 73 hereof to give objecting tax payers the full period from the fifteenth day of August to the first day of Sep tember to appear before the board and object to the raise in valuation of their property as fixed by the board sittin as board of equalization or by the I. If the board shall have completed the consideration of all hearings before it earlier than the first day of September it shall adjourn over until such day so as to give the taxpayers the benefit of the full period above stated for con testing proposed increases in valuation.
 Section 75 The valuation of all property as fixed by the assessor or by the board of supervisors of assessments sitting as an equalization board shall be deemed and held to be the true and full value of such property unless by a vote Of majority of the board Of su- pervisorS of assessments sitting as a board of revision and appeals the same shall be changed.
 Section 76. When the board of su- pervisorS of assessments has completed its work as a board of revision and ap- peals, the clerk of the board shall enter in the assessors real and personal tax books. in a column provided for the purpose, the valuation. as capitalized, of parcel of real estate whose valuation has been changed by the board.
 Section v, On or before the first day of September each year, the assessor shall make out and deliver to the clerk of the county court, report in tabular form in the book 10 be furnished him by the clerk, as prescribed in section 6S hereof, statement of the amount, description and value of real property subject to be listed for taxation in his county, and the amount and description of all lands belonging to the United States and to the State of Arkansas; also. of all, other lots. parcels or tracts of land exempt from taxation which return shall contain:
 1. The names of the several persons. companies or corporations in whose name the several tracts of real property other than tine property situate in in- corporated cities and towns, in each congressional township within his coun- ty. shall have been listed. and in ap- propriate columns, opposite each name. the description of each tract by sections, or the largest subdivision of which the same is capable. designating the num- Der Of the section and the part thereo<, and the congressional township or sur vey. and the value of each tract de- termined by the assessor. lands belong ing to the United States or to this State not to be valued.
 Z. The names of the several persons. companies corporations in whose names the several lots of real property in each town or city in his county shall have been listed, and in appropriate columns. opposite each name. the de- scription of each lot and value as de- termined by the assessor. and such de- scription shall designate the town or city, the number of lots and parts there or; and if part of lot Is listed. it shall state the number of feet along the prin- cipal street on which it abuts. If the name Of the owner of any tract or lot or land be unknown. the word 'un- known" shall be entered in the column or names opposite said tract or lot. In Hfdkfng such e3ch SPDar9tp