Sharp County record., 1912-05-31

its opinion may be necessary 10 tne a &c
formance of it's duties as heresh roo pro
vided In boards consisting or',m " WV
.on,bore two shall constitute quorum !,
~ hoerde consisting of five members
thrae members shall constitute quorum
Section 72 The clerk of the poalu
shall keen. in a book provided Tor tilSts
nurnose, a record of the proceed!nse W.
the hoard. Said record snail SNOW tiie c
items of personal property anu pa e. y
of real estate whose valuations lne
hoard has changed. Before the tlfteeiltn
Jov Of August or before adjournment
nrGvided the board adjourns Delore lIe
| Fifteenth day of August, the Clelh VI VI
the board shall prepare a written oi
printed notice of each increase IN vaiua. value
tion made by the board Such nolloe
shall show each item Oh pei eom%i II the
erty or parcel of real estate which o tlio
hoard has assessed or whose Valuation
II has Increased; also the valuation as
originally made and the valuation tie
hoard has placed thereon. Such hotiCe
shall be signed by the chairman ana tilS
clerk Of the board. 1t shall be seLNeu
on the owner of the property WHOSE
oSsoeernent is affected, or his agent,
either by the clerk in person or IL SHall
he sent by mail to such person or agent
The notice shall warn the person ailectI
ed to appear at a session or the poa,u
of Supervisors of assessments 10 pe
begun and held on the fifteenth uay oL
August following, and show cause WY
such increase in valuation shall not De
made. n,..,, ,o,, Of
Section 73. On the fifteenth day OF
Aupust each year, the board OF super
visors of assessments, with the county
iudge as eX-offcio member ana as
chairman thereof, shall meet as board
Of revision and appeals for the purpose
11i
NAV have to make because OF the un-
dnrvaluation or generalization OF prop
ertv Such sessions may continue from
day to day until the first day of Sep
tember if the board does not sooner
complete its work At such session the
board shall be governed by the follow
ing rules;
I, It shall hear and consider no evil
dence unless the witnesses are sworn
as witnesses are sworn in a court OF
-, Taxpayers aggrieved because of
the valuation placed upon their prop
erty by the assessor or by the board
sitting as a 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.
3. The county and State may appear
either by legally appointed attorney or
by the prosecuting attorney or ms
deputy.
/. If a taxpayer is of the opinion
that another taxpayers property is un-
dervalued he may appear before the
board and make complaint and it shall
be the duty Of the board to adjust all
assessments so complained of in such
manner as the facts may warrant.
s. II It should develop at the hearing
or in any other way that items of per-
sonal property or parcels or 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 "
hereof to appear and show cause why
such raises should not be made,
G. 1t shall not be considered as a
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 proportionatc value in money
or is not assessed at all. but such other
undervalued 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.
Z BY u 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, II Is the purpose OF sec
ton 73 hereof TO give obiecting tax
PAYERS the fun period from the fifteenth
day Of August to the first day of Sep
tembcr to appear before the board and
object TO the raise IN valuation of their
property Ns fixed by tho board sitting
AZ q board OF equalization or by the
assessor as provided in section SO hereof
If the board shall have completed the
consideration Of all hearings before IL
earlier than the first day OF September
II shall adjourn over until such day so
as to give the taxpayers the benefit of
the fun period above stated for con.
testing proposed increases in valuation.
Section 10, 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
run value OF such property unless by a
vote or a majority Of the board Of su.
porNlSorS or assessments sitting rs n
board OF revision ANA appeals the same
shall be changed,
section I6 When the board OF su-
pcrVsorS OF assessments has completed
its work rs Il board Of revision ana ap,
peius inc clerk Of the board shall enter
IN the ASSESSORS real and personal tax.
DookS' IN Il column provided for the
purpose the valuation uS cqualizcd of
each item OF personal property and
parcel or real estate whose valuation
has been changed by the hoard
section - ON or before tho first duy
or September each year. the assessor
snail make out ANA deliver 10 tho clcrl,
OF the county court report In tabular
form In the book to bo furnished him
bE the clerk, Hs prescribed IN section
~ here0r statement of the amount
description and value of real property
subject to be listed for taxation In MS
county ana the amount and description
or all lands belonging 10 the United
states ana 10 the state Of Arkansas,
also, or all other lots, parcels or tTpott
or lAnd exempt from taxation which
return shah c0niani
l. The names Of The several pcrsons
companies or corporations IN whos,
name the several tracts Of real propcrty 4
olher thnn the property situate In i'm,
eofpofNtod cities ana towns in OnC
congressional township within his com,
", shhll nave been listed, ana IN nb.
propfi0te columns opposite onch NINA
the INSCRIPTION OF each tract hy scciIong
or the largest subdivision OF which th,
same Is capable designating the num.
Der or the section aud the part thorrof
ana the congressional township or any,
VeN, ana the value Of each tTnCt do,
iermlhed by the assessor landg belong.
ing To the United States or 10 ihIs
state not to be valued,
Ine names of the several porpone
companies or corporations I'm who's,
| llHmpR the several lOtp nf rpnI nr,,.,i, ,