The Forrest City times., 1912-07-05

may De by law required to make such demand. . statement Of the descrfptfon and value of the property which he may pc required to list, and that I will not Tn any way eonnive at any violation or evasion of the law with respect to the listing or valuation of any property of any kind for taxation"
 Any assessor who falls to take tn. oath herein prescribed within the time prescribed shall be deemed to have vn- cated the off1ce of assessor and the clerk or the county court shall at ol,cc notify the Governor of such vacancy
 Section l2. The assessor shall ap, praise and assess the real and personal property or his county in such manner and at such time as this Act shall nre- scribe. He shall apprase and assess all property subject to taxation in his county except such property as the law may make ft the duty of the Arkansas Tax Commission to appraise ana as- sess.
 Section 13. Each assessor shall as sess the property of his county between the first day of February and the first day of July each year. For the pur- pose of making said assessment he shall visit each township in the county and shall devote at least three days 10 the work or assessing the property of each township. He shall fix one or more public places in each township most convenient to the taxpayers of the town ship at which he shall attend for the pun PoSo Vl tlle IlSIS or the tax payers and assessing the property He shall give ten days notice of the time and place at which he shall attend by post ing at least six printed or written mo- tices in as many public places in each township. He shall provide himself with blanks as hereinafter prescribed for taking the list of the taxpayers
 Section l4. Every person who owns or controls property or any k.at or who is by this Act required to assess A Inn fl place provided by section I3 hereof. and make and file with the assessor complete iist or lists of property he is required
 Section Is. For the years 1911. 1Q12. and 1918. and thereafter each sdd mum perod year. real estate shall be assessed, , each parcel of real estate shall be as- sessed at its true and full value in money Each person required under section IA of this Act, to list property shall attend at one of the places in the township in which the real estate to be assessed Is located. fixed by the as sessor and shall under oath administer ed by the assessor or nls deputy. fix the value of each parcel of land owned by him or which it is his duty to list lie shall also, If the assessor demand IL. TX the value of the timber on any tract of land. also the value of any mines, minerals. fossils. quarries springs. or anything else on the land that gives special value.
 
 one person. and the coal, iron or any other minerals. miner3I water, gas or oil under the surface by another person. or 1T the timber located on the land is held by another person. the estate there in of each. and the relative value of their respective interests, shall be ascer- talned by the assessor and each interest shall be assessed separately
 Section Is. Every merchant shall make and file with the assessor a list in which he shall set forth distinctly:
 l. The average value Of merchandise carried in stock during the year i'm mediately preceding the first day of February of the year in which the as sessment is made; if he has not been in business for a year then he shall take the average value during such time he has been so engaged; if he be commence Ing business then he shall take the value of the merchandise in stock at the time of the assessment. No deduction shall be allowed because any part of the goods carried have not been paid for All goods carried on consignment shall be included.
 2. The value of credits as defined in paragraph IS, section g. hereof belong ing to him and pertaining 10 said bust ness on the first day of February of the year for which the assessment was made.
 3. The value of the furniture and fixtures used in said @usinesS
 A. The value of money, including bank deposits or deposits with other merchants In or out or the State on February first
 5 The value of all horses. mules and other live stock used in said mer- cantile business.
 6. The value of a1- wagons. carts or other vehicles employed in said bust ness.
 T. The value of all other personal property. not falling within the class of one of the above items. employed in said mercantile business
 Section F. Every person or com pany engaged in the business of receiv- ing property in pledge or as security :or money or other thing advanced to pawner or pledgor shall annually at the time by this Act prescribed for the as sessment of personal property, return under oath all property pledged to and held by him as pawnbroker, to the as- sessor of the proper county. who shall list and assess the same to such pawn broker at its true and full value. Pawn brokers shall make return on the lists prescribed by law for merchants.
 Section IS. Every person engaged in the manufacturing business shall make and filed with the assessor a list in which he shall distinctly set forth:
 l. The average value of all materials purchased. received or otherwise held for the purpose of being used in whole or in part in any process of manu- facture. Said average value shall be for the year Immediately preceding the first day or February of the year for which the assessment is made
 2. The average value of all finished products carried the year Immediately preceding the first day of February of the year the assessment is made
 3. The value of all engines. boilers and other machinery, implements or tools used in such manufacturing busi- ness on hand the first day Of February.
 1. The value of credits. as defined hy paragraph 13. section 5. hereof. carried on the books of said manufacturing business the first day of February the year the assessment Is made.
 5 The value of money on hand or deposited in banks or with other persons in or out of the State the first day of February.
 6. The value of office furniture and fixtures and such other furniture and fixtures as may belong 10 the business. T. The value of the live stock be- longing to said business or being used therein.
 s. The value of all wagons. carts or other vehicles used iu said business or belonging to it.
 Q The value of all other personal property not falling within either of the above classes being used in said busi- ness.
 Section f9. Every lawyer. physician. EtIrgean chemist rv