The Forrest City times., 1912-07-05

one of them shall from time to ,,r,.
 often as may be necessary ,fst," as county in the State for the pr1r5S sdea
 requiring the proper assessmert rs,t ,,5ss or
 turn or property, uniform value fSare
 of. and the use of forms and e,.s. tteEe-
 Keeping accounts provided by lay 2. by the commission or
 Section S5. Section 12 of Art a--
 the Acts of 1909 approved Ma 9-S, or shall be amended so as to read as '33s' s5;' lows: a9 i9i-
 Section 12 The Arkansas To-
 mission as hereby created sbslI ,orn- com tute a State board of equaIizatior & sti. l shall equalize the valuations ana shd
 sessments of property throughout tS.
 State. It shall meet at the Stata es,t.le tae on the first day of September of 'pluai a5
 year for the purpose of edualizirs ~
 assessments of the real and person.s n,s property or the State The commisi,
 sion. as State board of equaIizatiHs- may. in it's discretion. sit at any @tLoa place in the State it may deem aavasatf.t
 for the purpose of making invesfigat,
 tons or granting hearings relatiro the work of eq~alizing the properte a,
 the State. The session of the cornrptseioa. oa as a State board of equalization 1s5T continue from the first lay of Sentam'
 Der 10 the fifteenth day of Octobar e.at
 veal AS State board of equaII7afioa
 the Arkansas Tax Commission eSsn
 have the following powers and shah b.
 goverred by the following. rules. 'e
 l. 10 near appeals rom individuals l firms and corporations from the ordars ! and Judgments of the several coyr. l boards of supervisors of assessrnen.s, and to grant such relief as may bs
 deemed just and proper
 2 They shall add to the ager.ps.. valuation of the real property of ovars i county which they find to be vaInas below its true. full and proportianata value in money such per cent as will bring the same to it's true full and nra portionate value fin money.
 3 They shall deduct from tbo
 gregate valuation of the real pronartv l of every county which they find to k.
 valued above It's true. full and propors fonate value in money such Der rsn,
 as will reduce the same to it's tru. mi and proportionate value in money l 4 If they find that the valuation o, the real property of any town or dts.
 triet in any county or of the Teal prop. erty Of any county not in towns sbonia be raised or reduced without rafsfng o- l reducing the other real property in s,ot o. 1 county or without raising or relBeins, II m the same ratio; they may add 10
 or take from the valuation of any ono or more of such towns or districts o9 of the property not in towns such nsr cent as they believe will raise or reduce the same to its true. full and pronor' l tonate value In money.
 5 They shall add to the aggrexat. . valuation of any class of personal pron- l erty in any county. district or town valued haln it's true. full and proportionate vain. i in money such per cent as will raise ths
 same to it's true. full and propertionats
 value thereof
 s The, shall take from the aggre.
 gate valuation of any class of personal property in any county. district or
 town which they find to be va,pes
 above the true. full and proportfonate
 vslne thereof. such per cent as VIII re. luce the same to its true. full and pro- i portioaate yaluo.
 ' Should the commission find fl nee ! s.ssry. in equalizing tho assessment of l the State. 10 raise in the aggregate i th. valuation Of the real estate. or Of any
 p.r.onal property In any town district
 ar county, AS provided In paragraphs ?.
 ]. {, 5, and of this sect ton and
 should II also find thst the individual i assessments of acch town. district or 1 county arc not squslise5 and that b.
 such raise in ths aggregate of yalua- tons such given per cent the assess
 rnent sf any individual taxpayer in the
 town. district. or county. as the case nay h-, is increased to point where
 the sene is above the true full and l sraportonste value in money of the sion shsH have the power and 1t is | hereby made it's duty. after it has
 mad. such raise in valuation in the ag-
 sregate. to reduce the assessment of >ach such individual taxpayer to a point 1 where II will not be above true full
 and proportionate value in money
 thereof
 Section ss Before taking any action
 with respect to the property Of any i county, district or town, as provided by i raraEraphs ?. 3. 4. and :, section
 s5 hereof. the commission shall cause a i written or printed notice to be served apon the county judge uf the county
 wherein Is located the property affect -d Said notice shall be published in some newspaper in said county, if one s published n the county; if not then l tn newspaper having a circulation in said county. Tn at least two weekly
 ssHes before the date of said proposed ehsngs The notice shall give the date and place At which the commission will sit and shall warn said county judge and all citizens of said county to appear i at said time and place and show cause. 1T any they can. why such change shall i not h- made or such assessment in- l creased or reduced. and the result of said hearing. if any increase or de- crease should be made shall he certif- affected on or before the fifteenth day l of October
 Section g.. If. while sitting as \ State board of equslization between ] September lst and October 18th. tho 1 Arkansas Tax Commission shall find in- ] eqnalities or a want of uniformity be- 1 tween the assessments in any county. i the commission may, in its discretion. l either equalize said assessments itself, ! as provided in section s5 of this Act l or II may call a special session of the ] board of supervisors of assessments Of i the county to sit both as a board of ! eGualization and a board of revision and ! appeals. At such special session the l board Of supervisors of assessments l may revise and review the assessments | or the county and may raise and re- ! duCe the assessments of individuals and l corporations to the same extent and in l the same manner as it is by this Act | authorized to do at the regular session. At said special session the board 1 snail have as full power to act with re- l spect to the assessments of the county | as II had at the regular session Al l such special session. before the assess meht of any taxpayer shall be in- | creased. such taxpayer or his agent shall be given at least two days notice l or such proposed increase The tax paNer may appear before the board sit i ting as board of revision and appeals and contest the proposed increase in his assessment in the same manner as he could at the regular session Appeal may be taken from the decisions of the l board of supervisors of assessments | made at special sessions in the same manner and by the same parties as this