Pine Bluff daily graphic., 1912-07-06

rated
 Section s7. The personal property pertaining to the business of a mer.
 chant or of a manufactures, whether a person or corporation. shall be listed
 and taxed In the county, town or
 school district where such business is | carried Merchants and mauufac-
 turers having more than one place of 1 business shall make and file a separate list of the property pertaining to each
 place of business. Each ot said lists school district in which the property
 embraced i'll 1t is located.
 | Section 3S. Nonresideuts of the
 State doing business in the State, eitll-
 CT as principals or partners shall be taxed on the basis of the capital in- vested in such business. as personal
 property in the district where such
 business is carried on, 10 the same eX tent as If they were residents of the State. Money, negotiable securities
 bills receivable open accounts credits
 of every kind and choses in action of
 every character incident to, growing
 out of or pertaining 10 said business
 shall be deemed to, De situated at the
 place where the business Ks carried on
 and shall be taxed as a part of said
 business. The amount of credits to be
 taxed shall be ascertained in the same
 manner as are credits of residents of
 this state.
 Personal property of nonresidents of the state having an actual situs in the state, and not forming a part of the capital invested in business in the State.
 shall be assessed in the name of the owner thereof for purposes of identifi- cation aud taxed in the district where such property is situated.
 Section 39. Logs. lumber, crossties. slaves, stave bolts. stave headings. fence posts, telegraph and telephone posts and other similar timber prod to be manufactured articles or materials in process of manufacture. as the case may be, in the hands of the person who cut or manufactured them for sale, and merchandise if they have passed into hands of the person who bought them 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 FebruaH lst.
 Section 4o. Live stock and other per sonal property connected with and used upon farm upon which the owner whether person or corporation. does not reside. shall be listed and assessed in the county or district which the farm is situated; provided, that if the farm is situated in more than one dis trict the persoaal property used in con nection with 1t shall be listed and as sesSed in the district which the principal Farmhouse of place of business is To- cated
 Section A.. steamboats. barges and 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 district where usually kept
 Section 42. Personal property of gas. water, electric light, street railway, tele- 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 ascertained and there shall be allotted to oach county, town and district it's 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
 Section A. The personal property or n minor and every person under guard at the place where the property is To- cated; provided, that all moneys, credits dnr in stocks and bonds of such listed at the place where the guardian i
 Section i'al 45. es11ss Psfs5na1 property in the hands n as of an assignee Receiver, trustee shall be listed and taxed at the place of listing before the appointment 5Tof sacl1 s assignee receiver, trustee or other
 Section 48 When any person shall settle. or any assOciationi or: corpora ] { ton shall organize in any county 1e of I | thls ,i.s State, and bring personat property and prior to the first day of October l in any year. it shall be the duty of the l assessor to list and return such property Is Ior taSation 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 | ed officers ne of State or county. in which same property has been listed for taxa I tion for that year in some other county I m the State, or in some other state or | territory or the United States. If such is brought within any county | after the assessor has made his returns | for that year to the county clerk the | assessor shall at once assess such prop | the county clerk on the tax-books and | collected as in other cases.
 section 47. If any person of this otate, after his personal property has | been assessed and before the tax thereon Is paid. shall sell all of the same and not retain sufficient to pay the taxes ,hefeoh lieo on 1he tb tax for that year shall be one owing such tax shall be civilly liable to any purchaser of such property TOT any taxes he owes thereon. but the property so purchased shall be liable in the hands of the purchaser or purchas- trs trs for nrosu such tax; provided. however, if course of mercantile trade, 1t shall not pc De so liable in the hands of the pur- 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 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 it.
 Section a. When any person is about to remove his property from the State, after 2 the same has been assessed and oetore the taxes thereon have been paid, without leaving sufficient remaining for the the payment of the taxes thereon, the tax shall at once become due and pav- able, which fact shall be determined Iv any court of. competent Jurisdiction in an action brought in the name of the State. for the use of the county, against the the owner or reputed owner of such judgment thereon, and enforce the same by execution. Attachment may