Pocahontas star herald., 1912-06-21

its opinion may be necessary TO the per-
| formance of it's duties as herein pro-
vided In boards consisting Of three
| members two shall constitute quorum;
| In boards consisting Of five members
three members shall constitute quorum,
Section 72, The clerk of the board
| shall keep, in a book provided Tor thal
purpose, a record of the proceedings or
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 or
the board shall prepare 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
IL 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originally made and the valuation the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. 1t shall be served
on the owner of the property whose
assessment is affected, or his agent,
either by the clerk in person or 1t 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 73. 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 generalization of prop
erty. Such sessions may continue from
day to day until the first day of Sep
tember, if the board does not sooner
complete it's work At such session the
board shall be governed by the follow
ing rules:
1. It shall hear and consider no evil
dence unless the witnesses are sworn
as witnesses are sworn in a court of
Justice.
2. 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 his
deputy
4. IL taxpayer lS OI lue 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.
g. II 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 70
hereof. to appear and show cause why
such raises should not be made.
6. II 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 proportionate 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 a 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. 1t is the purpose of sec
tion 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 sittir
as a 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
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 70. 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 a 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 APP
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 equalized. of
each item of perso"~ property and
parcel of real estate lose valuation
has been changed by Ie board.
Section n. On or before the first day
|
shall make out and deliver to the clerk
of the county court, a report in tabular
form in the book to be furnished him
by the clerk, as prescribed in section
6S hereof, a 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
/. The names of the several persons,
companies or corporations in whose
name the several tracts of real property
other than the 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 thereof,
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.
2. The names of the several persons,
companies or 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
of; and If part of a lot is listed. it shall
state the number of feet along the prin-
CiDal street on which ~ obt1ts 10 tbo