Malvern daily record., 1917-04-04


 laws in full, as passed by the lasi l Legislature.
 IAN ACT TO ENLARGE THE
 POWERS OF THE ARK ANSAs
 TAX COMMISSION.
 l Section 1. That thirty (30) days before the county assessor shallbegln the assessment of taxes as now provid- | ed by law, thecounty court shall ap- point two reputable and intelligent citizens and tax payers in each town ship of the county who shall have been residents of said township for a period not less than five (5) years prior te said appointment; provided, that said Iappointees, when practical, shall be justices of the peace of the township and who, together with the county tax assessor, shall be known as the Town ship Board of Assessment and Valua- tion, for said township; that members |of said board shall take and subscribe to the same oath as Subscribed to by the tax assessor.
 Section 2. That at the time pro- vided herein for the county tax tsses- or to start tour of the county for the purpose of assessing theproperty as required by law, he shall meet Tn each township suecessively the IoWn- ship Board of Assessment and Valua- ltion. said tour to be scheduled and ad- yertised as now provided by law for the assessment of taxes by townships; that the tax assessor shall, before any work by said board is undertaken, ad- minister the oath of office as herein provided to the township members of said board; that when the members of said board shall fail to appear and serve. as provided herein, the assessor shall select a land owner or land own CTS resident in the said township who shall take the oath and perform the duties and receive compensation pro yided for the members of said board. That said board shall at once proceed to place a fair market value on all real and personal property In thelr township and extend said values Ill the proper blanks on the lists of ass essment, which blanks shall be pro yided on said lists to contain the val ues of the property as determined by said board in addition to similar blanks used by property owners TOT noting the value of their property. That it shall be the duty of non-resl- dents. or their agents, to furnish the the assessor with list of thelr property in each township. specifying the school district wherin located, on or before thefrst day of the time ad- yertised for assessing taxas m sucn township. in which nonresident shall own property, which list the assessor shall submit to the board of assessment and valuation for the township, Tn which such property is situated, and if no one shall assess such property for said non-residents they shall as sess it's value as a majority of the hoard shall think right and just, and if any non-residents or his agents shall neglect or refuse to furnish such Hist to the assessor in the time provld- ed for therein, and no one shall assess such property for said non-res1dents, # shall be the duty of the Board of
 Assessment and Valuation to make such list and assess such property ana they shall affix a penalty of 2opel cent of all taxes due with the mlni- mum penalty of $1.00 to be collected as other taxes and penalties are now collected and expended as hereln pro, yided. That each member of salo board. together with theassessor snal after they have finished said work as fassessment, which signature shall be proof of the validity of said lists ane l the values of property thereon hsted Section 3. Before any person shall Hist his property for taxation the as sessor, or one of the members of the board, shall administer to him the 1oi, lowing oath, to-wit:
 "You do solemnly swear or affirm that YOU will render true and com plete list of all the property sublec, to taxation in or out of the State thai you are required by law to list m vour own name or right, or that ol lany other person for whom you may desire or be required by law to list for taxation and that you will make true and perfect answers to any and RI questions that be demanded of you with reference to the amount, klnd nuality and value of such property or any other proper inquiry by which the true value of your property may pc ascertained, so help you God.
 Section 4 If in the opinion of a majority of the Board of Assessment and Valuation, any person nas not listed his personal property high en- ough in value or listed the same toe high, the board shall have the power to examine him under oath with rel erence to the same and shall raise or lower the value of such property as they think right and proper, and i shall be the duty of said Board o1 Assessment and Valuation to examlne the assessment of real estate of all land owners in their respective town
 ships and if upon examination of the tn same a majority of them are of the on;nion that any of such real estate is valued too low or too high, they shal i have the power and it is hereby made their duty to raise or lower the value val '',
 rioht and just, but no real estate ol
 personal property shall be, raised o1
 lowered in value without the concur
 renee of a majority of said board ant ll
 nrovided by law, all persons who fal ,fo anpear before the Board of Assess