The Nevada County picayune. (Prescott, Ark.) 190?-current, 1912-06-21
roe ACT no. !,
A0AINOT ACT no. !.

:. Enacted by the General Assem-
hly Of the State Of Arkansas:
"a il Enacted by the People OF the
STATE of Arkansas:
SETON 1. All property in this State,
val and personal, tangible and intan-
dbIs.. not expressly by this Act
t.ssmpted therefrom, shall be subject
~ ,axation in the manner by this Act
s.ction .. All property described in
| MI section to the extent herein limit
VII: .,
All schoolhouses, academies. col.
t..s universities and seminartes OF
asrnjng. with the books and furniture
! m,rein. and the ground attached to such
huildings, and necessary for the proper
occupancy, use and enjoyment; TINS
| s,oyision does not extend to property
ssed or otherwise used with n view
! y profit.
All houses used exclusively for
,uhIic worship. and so much of the lots
A. parts of lots upon which such houses
~ situated as may be necessary for the
| s,ouer use occupancy and enjoyment
Y mme such exemption shall not in
| dude any property leased or In any
manner used with a view to profit.
4 All lands used exclusively for
| rayeyards, except such as are held
| nth a view to profit or Tor purposes
| Il SPECULATION in the sale thereof.
! klonging to the United States or to
| nts State.
All property belonging exclusively
n any county, city, town, school dis
. tet or Improvement district held and
| Employed exclusively Tor public pur-
q All buildings belonging to institu-
| tons of public charity, including orphan
| asyums houses for the INDECENT and
| yubc hospitals, together with the lands
| itually occupied by such institutions.
T st leased or otherwise used with a
New to profit. and all supplies. furni-
3hre and personal property of every
Ind, including moneys and credits. ap-
&ropriated solely to sustain and belong
hg exclusively to such institutions.
l. All fire engines and other appa-
nms used for the extinguishment or
Tres with buildings used exclusively
hr safe-keepng thereof. and for the
rsstng of fire companies. whether be
IMging to any town or to any fire
nnpany organized therein.
l. All public Libraries and all real
ri personal property belonging to or
srneeted with the same.
a. All property belonging TO camp
IN grove meeting associations, Sunday
kh0ol assemblies, Young Mems Chris
hstruction or worship. expressly dedi-
atei and necessary for their proper oc-
npancy use and enjoyment. and not
based or otherwise used with view
h profit
Ia All property belonging to and
sd exelu sively for the purposes of any
nate, district or county agricultural
trety or Industrial exposition.
H. All public market houses, squares,
rrks and other public ground owned
ID used exclusively for public pur--
gses and all works. machinery ana
htures belonging to any town, and
Eed exclusively for conveying water
b said town. or supplying said town
nth gas or electricity. not leased or
sterwise used with view to profit.
ssftlon 3. Real property. FOR the
opposes of taxation, shall be construed
Include the land itself and all build
hrs structures and improvements or
Ner fixtures of whatever kind thereon.
M all rights. privileges and franchises
anless By this Act otherwise provided),
teeto belonging or in anywise per
Inning: also all trees growing thereon,
nd all mines. minerals, quarries or
assls thereon or hereunder.
Section. 4 Personal property for
rposes of taxation shall be construed
Include,
! All goods. chattels, moneys and
fleets
! All steamboats, and other water
MT employed in navigating the waters
sHg wholly or partly within TINS
he and all capital belonging to the
haSltants of this State. invested in
fanboats. steamships or other water
sst located without this State. pro-
sisd, the same is not taxed by another
E1s or sovereignty.
All improvements made by others
sen lands. the fee of which is stu
HNed In the United States or this
ale and all improvements and other
Enetures, upon lands the titles of
1ea are vested In any railroad com
ny or other corporation whose prop
~ Is not subject to the same mode
NATION as other property.
All stocks OF nurserymen and
|h's growing or otherwise.
All gas oil and water mains.
W. conduits. subways wherever To-
49,, all tracks, roads and bridges of
49, railways. turnpike and bridge
~satanles. and all poles, wires and
W. apparatus OF telegraph and tele-
NJ. Credits of every kind over and
wv oebts owed by the creditor.
The income of every annuity. un-
4. iae capital of the annuity be taxed
MS State.
NJ, All public stocks. bonds and Sc
r"es Of every kind.
IN. st personal property situated III
sate, of corporations. whether the
H. thereof reside In or out of this
An shares Of stock In banks. or
.sa lnder the laws of this State oil
Ie gnted States.
ths capital stock. undivided prof
and all other means not formins
the capital stock of every com
NJ. whether Incorporated or unincor
100. ,n 3. In the construction of thi:
s me Following rules viii he observ
amsis ess such construction would bt
M 90 with the manifest inten
Context:
H. Person" shall include firm, com
OF corporation
a. me term oath" wherever uset
afr, act shall be held to mean oath
nasery word in this Act denotins
NV - uilne gender shall extend ant
p !" females as well as males.
Fhtssi eanslohs receivable from tn
lts q. states, or from any State. sal
Mia payments excepted. shall no
lsnlns 70 be annuities within thu
4.. ~ OF this Act.
to aown shall be held to meal
hlacrmsh or village II laid out In lot
prnoasss as prescribed by law, whethe
h sla or not, and district shall
70 mean school district"
hnd .pcI lot, parcel or piece
<ous s snail be held to mean any con
" on iuahtity of land in the posses
lsssrtv owhed by or recorded as tn
vi the same claimant or per
s.aslue and full value" shall mea