The log cabin Democrat., 1915-03-06

or revision of the said assessment
 shall be ordered by the board of com.
 missioners; provided, that anyone
 whose real estate is embraced in saic
 assessment may at any time withir
 20 days after such confirmation by
 said board of commissioners appea
 to the Faulkner chancery court tt
 have the amount of the assessment
 of his land and the benefits thereto
 corrected, and all persons who shal
 fail to begin legal proceedings within l 20 days after confirmation of said as.
 sessment, for the purpose of correct | ing or invalidating said assessment shall be forever barred and preclud.
 ed from appealing from or attacking said assessment in any manner what.
 soever The board of commissioners of said district shall, at such times
 as they may see fit and not oftener than one each year, direct the assess
 sessment of the land, lots, railroad
 right-o way, tracks, and grounds of the lands located in said district When said assessment shall have been revised the assessors shall file the same with the board of commits sioners who shall give notice thereof in like manner as hereinbefore pro- vided for notice of the filing of the original assessment and thereupon any owner of property in the district feeling himself aggrieved by said re- vision may appeal therefrom and have his appeal heard in like manner and within the same time as herein before provided for the hearing of appeals from the original assessment. On making any such revision the board of assessors shall have the right to increase or diminish the as- sessment against any real estate in the district, provided that the total amount of the betterments as fixed by the original assessment as con firmed by the board of commissioners, shall never be diminished by any such revision if the district shall have in cured indebtedness which remains uHPolu A HidJollIy ol llC IiiSiiiDeio . of the board of assessors shall consti- ute a quorum thereof with full pow CT to do and perform any duty inn posed by this act upon said board.
 Sec. '. That for the purpose of i'm proving, repairing and maintaining public roads and highways within said district and for the purpose of carrying into effect the objects and purposes of this act, the board of commissioners of said district shall have the power and it is hereby made their duty to assess and levy annually a tax upon the increased valuation or betterments estimated to accrue on each of the lots, blocks, and parcels of land and railroad tracts, right-of- way and ground by reason of the i'm provement of said public roads and highways not exceeding 10 per cent of the increased valuation or better ment as shown by the said assess ment as confirmed by the board of commissioners ana not less per centum thereof than would be suffi- cient to pay the liabilities of the said district accruing during said year.
 And the annual levy of said tax shall bo made each year as long as it is found to be necessary to pay for the doing of any work provided by this act and for the repairing or maintain ing of any public roads in said dis trlct after same shall have been im- proved and for the payment of con tingent and incidental expenses of said district and for the payment of the principal and interest of the bonds or any other evidence of indebt- edness of said district Said assess ment and tax shall be first and par amount lien on all lots, blocks and parcels of land, railroad right-of-way, tracks and grounds located in said district in the nature of a bona fide first mortgage, and shall be superior to all mortgages and liens of every kind prior and subsequent to the mak- ing of said assessment and tax. Said levy of said tax shall be made by said board of commissioners annually and prior to the first day of December of each year for the ensuing year; pro- vided that as between grantor and grantee covenants of warranty against incumbrance, either express or implied, in the deed of conveyance shall be presumed to extend only to the lien of the installments of the as sessments that are due and payable at the time the conveyance is deliv- cred, unless otherwise expressly pro- vided in the conveyance; and provid- ed further, that as between grantor and grantee, the lien of the assess
 ment herein provided for shall at
 tach on the first Monday in January of the year in which such assessment is payable. The sheriff and collector of Faulkner county shall be the ex
 officio collector of said Road Improve ment District No. 1 of Faulkner