The Huttig news., 1912-06-01
FOR ACT NO. l, AGAINST ACT NO. l.

n ply. of the State of Arkansas: Be 1t Enacted by the People of the
 State of Arkansas:
 Section l. All property In this State, real and personal. tangible and intan- g1bie. not expressly by this Act exempted therefrom. shall be subject to taxation in the manner by this Act prescribed
 Section ?. All property described in this section to the extent herein limit wit:
 l. All schoolhouses, academies. col leges. universities and seminaries of learning. with the books and furniture therein and the ground attached to such buildings, and necessary for the proper occupancy. use and enjoyment; this provision does not extend to property leased or otherwise used with view to profit.
 ?. 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 for the proper use. occupancy and enjoyment of same. such exemption shall not in clude any property leased or in any manner used with view to profit
 3. All lands used exclusively for .graveyards, except such as are held with view to profit or for purposes of speculation in the sale thereof.
 4 All property. real and personal. belonging to the United States or to this State
 
 to any county, city. town. school dis trict or improvement district held and employed exclusively Tor public pur- poses
 G. All buildings belonging to institu- tions of public charity, including orphan ,asylums, houses for the indigent and public hospitals. together with the lands actually occupied by such institutions, not leased or otherwise used With a view to profit. and all supplies. furni- ture and personal property of every kind including moneys and credits. ap- propriated solely to sustain and belong Ing exclusively to such institutions.
 [. All fire engines and other appa- ratus used for the extinguishment of fires. with buildings used exclusively for safe-keeping thereof. and for the meeting of fire companies, whether be longing to any town oI, or to any fire
 8. All public libraries and all real and personal property belonging to or connected with the same.
 9. All property belonging to camp or grove meeting associations. Sunday School assemblies. Young Mems Chris tian Associations, societies for religious instruction or worship. expressly dedi- gcated and necessary for their proper oc- =.cupancy, use and enjoyment. and not leased or otherwise used with q view
 10 All property belonging to and used exclusively for the purposes of any State. district county agricultural society or industrial exposition.
 II. All public market houses, squares. parks and other public ground owned and used exclusively for public pur- poses. and all works. machinery and fixtures belonging to any town, and used exclusively for conveying water to said town, or supplying said town with gas or electricity. not leased or otherwise used with a view to profit
 Section 3. Real property. for the purposes of taxation. s all be construed do include the land itself and all build inrs. structures and improvements or other fixtures of whatever kind thereon and all rights privileges and franchises tuniess by this Act otherwise provided), :, thereto belonging orN in anywise per taining; also all trees growing thereon. and all mines minerals. quarrtes or fossils thereon or hereunder.
 Section. 4. Personal property for purposes of taxation shall be construed 10 inelude
 l. All goods. chattels. moneys and effects,
 9 All steamboats and other water craft employed in navigating the waters lying wholly or partly within is State. and all capital belonging to the inhabitants of this State. invested in .steamboats. steamships other water craft. located without this State; pro vided. the same is not taxed by another State or sovereignty
 g. All improvements made by otho~s upon lands. the fee of which Is st Il vested in the United States or this State. and all improvements and other structures. upon lands tte titles of which are vested in any railroad com pany or other corporation whose prop .erty Is not subject to the same mole of taxation as other property.
 4. All stocks of nurserymen and florists. growing or otherwise.
 E. All gas. oil and water mains pipes conduits subways wherever To- -Gated all tracks, roads and bridges of street railways. turnpike and bridge companies. and all poles. wires and other anpa aratus of telegraph and tele- phonc lines.
 C. Credits of every kind over and above debts owed by the cre3itor.
 T. The income of every annuity un- in this State
 g. All public stocks. bonds anu se- .curities of every kind.
 Q. All personal property situated in this State, of corporations. whether the owners thereof reside in or out of this State.
 ganized under the laws of this State or Of the United States.
 II. The capital stock. undivided prof its. and "a all t,a, other e, means not form n pany whether incorporated or an:ncor porated.
 Section g. In the construction of this Act the following rules will be ooserV- ed unless such construction would be inconsistent with the manifest inten- tion of the Legislature. or repugnaat to the context:
 l. Person shall include firm. com 4pany corporation.
 9 The term oath" wherever used in this Act shall be held to mean oath" .or ''affirmation.
 B. Every word in this Act denotine the masculine gender shall extend and zapply to females as well as males
 4. Pensions receivable from the United States, or from any State sal aries or payments excepted. shall not be held to be annuities within tho meaning of this Act
 g. Town shall be held to mean 4city. town or village if laid out in lots or blocks as prescribed by law. whether Incorporated not. and district shall be held to mean school district"
 G. Tract" lot" parcel" or piece of land shall be held to mean any con tiguous quantity of land in the posses sion of owned by or recorded as the property of the same claimant or per son.
 T. True and full value shall mean the usual selling price at the place where the property to which the term is applied shall be at the time of as- ssessment: being the price which would