The Forrest City times., 1912-07-05

II
 State of Arkansas:
 Section 1 All property in this State. real and personal, tangible and intan- gble. not expressly by this Act exempted therefrom. shall be subject to taxation in the manner by this Act prescribed.
 Section 9. All property described in this section to the extent herein limit cd shall be exempt from taxation. to- wit:
 feres universities and seminaries of learning with the books and furniture therein and the ground attached to such buildings. and necessary for the proper provision does not extend to property leased or otherW ise used with a view to profit
 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 sraveyarGs. except such as are held with a view to profit or for purposes of speculation in the sale thereof
 | All property, real and personal, belonging to the United States or to this State.
 O to any county. city. town. school dis trict or improvement district held and employed exclusively Tor public pur- poses
 6 All buildings belonging to institu- lions of public charity. including orphan lsylums, houses for tbe ndiEent and public hospitals. together with the lands actually occupied by such institutions. not leased or otherwise used with q view to profit. and all supplies. furni- sf rod f3F kind including moneys and credits. ap- propriateI solely to sustain and belong ing exclusively to such institutions.
 I. All fire engines and other appa rntus gsed 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 or to any fire company oreaHized therein.
 S All public libraries and all real and personal property belonging to or connected with the same.
 2, Ali property belonging to camp or grove meeting associations, sunday School assemblies, Young Mems Chris tan ASaoc iattons. societies for religious instruction or worship. expressly dedi- cated tHd necessary for their proper oe- copancE. use and enjoyment. and not leased or otherwise used with view to profit
 10. All property belonging to and ustt tAt AtI'lSfNt.lt TOT tile purposes CT any State district or county agricultural society or industrial exposition.
 H. a II pab}lc market houses, squares, parks aNl other public ground owned and ussi 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 fas or electricity. not leased or otherwise used with View to profit
 Section g. Real property for the purposes Of taxation. shall be construed to Include the land itself and all build lngs structures and improvements or other fixtures of whatever kind thereon. sAd all uGhts. privileges and franchises unless by this Act otherwise provided. thereto belonging or in anywise per talnlng also all trees growing thereon. ana all mines, minerals, quarries or iosSHs thereon or hereunder.
 section l. Personal property for purposes of taxation shall be construed 10 include,
 effects
 2 All steamboats and other water sratt employed in navigating the waters Hllg Wholly or partly within this ssIssIe. sasd de,,, and all capital belonging to the !.aapltahlS of this State, invested in steaInb9ats- steamships or other water eiaIt located without this State. pro SC.ued' the same is not taxed by another state or sovereignty.
 , no. All improvements made by others , upoH lands the fee of which is stlll sses.ed ln the United States or this s.ate' and all improvements and other S e uetHrcS upon lands the titles of na nniuh are vested in any railroad com srny srty or other corporation whose prop ot ls not subject to the same mode VI taxation as other property
 ,,, All stocks of nurserymen and
 'e9, growing CT otherwise.
 n,Has Ali gas. oil and water mains, rates rtes' condutts, subways wherever lo- st all tracks, roads and bridges of co,oT railways. turnpike and bridge ooVtnpanles, and all poles. wires and phnra a,Fpafatas ,f of telegraph and tele- ,bora O. Credits fdts Of every kind over and @s9'e Geots owed by the creditor ,o The income of every annuity. un- 'f in f,Ie me capital of the annuity be taxed cpS,. All public stocks. bonds and se- @U5iues of every kind
 th{s osu au personal property situated in o e.S state. of corporations whether the State. reside Ill or out or this y,n,- IV All shares of stock in banks. or of Ea under the laws of this State or
 the United States.
 hs ne capital stock, undivided prof nat ana sH other means not forming nar oL the capital stock of every com porated se" oi uhAANo Section 5. In the construction of this ad @ uie following rules will be observ- uHless such construction would be tior slstent With the manifest inten- tEa a ol the Legislature, or repugnant to s'e context:
 pan, Person" shall include firm. com '"py or corporation.
 in n, ne term oath" wherever used or "s sfc,Act Nct snail be held to mean "oath" ths Every word in this Act denoting apnI,l lHne gender shall extend and
 eo females as well as males rIni,ai enSlons receivable from the arias states, or from any State. sal be bo,S payments excepted. shall not meanln to De annuities within the
 ng or this Act
 eity Iown shall be held to mean Or own or village If laid out in lots ineorsAs as prescribed by law. whether be haaa atee or not. and district shall
 i9r t- mean school district" of la,si rsct, lot" parcel" or piece" tlyi,aina shall be held to mean any cen sion os quantity of land in the posses pronaot, owned by or recorded as tn. son or the same elairpsrt CT per the rue and full sat.e snail mean whera .S selling price at the place Is s, me property to which inc term Ssss,a.d shall be at the time sf as
 b.ing the price which would