The log cabin Democrat., 1921-01-15
RADICAL CHANCE
 IN ASSESSMENTS MADE IN HERRING BILL Faulkner Representative to Introduce Measu erSeeking Uniform Tax
 Valuation.

|. Herring of Faulkner county, which he plans to introduce in the house early next week The bill provides for the appointment of a committee of r members of the house of repre- sentatiVes to place uniform assess ment upon all property in the state Lands are to be assessed according to productive value based upon a soil survey. Live stock are to be assess ed at market value. Town and city property is to be assessed according to value as shown by the deed reg ister. Merchants are to be assessed according to thei" commercial rating and corporations according to their corporate. value.
 Provision is made for registration by the secretary Of state and county clerk of all property in the state, and township registrars are to be ap- pointed by the county court, after examination by the county clerk, whose duty it is made to register all live stock, notes of less than $500 and ak property in the township.
 Under the provisions of the meas ure any person failing to assess prop erty shall forfeit ownership of same The proposed act is made effective June 1, 1922.
 A copy of the bill, which was sent to the Log Cabin Democrat by Mr Herring today, is printed in full be- low:
 "A bill for an act to be an equitable assessment of nil property in the state
 "Be it enacted by the General As sembly of the State of Arkansas:
 "Be it enacted by the people of the State of Arkansas:
 "Section 1. It shall be the duty of session to appoint a committee com- posed of IT members, one from each judicial circuit, known as committee on assessments, who shall place uni form assessment on all property of the state as hereinafter set forth. The same to be approved by the house and if adopted to be the rate of assess ment for the following biennial per- iod.
 "Section 2. That all lands in the state of Arkansas, outside of cities and towns, shall bo assessed accord ing to it's productive powers based ur- on a soil survey of the state, which survey shall be perfected by the de partment of agriculture.
 "Section g. All horses, mules, asses cattle, swine, sheep, goats an dother stock of value, shall be assessed ac- l cording to age, and market value. The same shall be uniform throughout the state.
 "Section 4. All town or city pro perty shall be assessed according tc ! it's value, which knowledge shall be secured from the registration of deeds as hereinafter provided.
 "Section ,. All merchants or busi- ness firms in Arkansas shall be as sessed according to their commercial rating, which shall be based on the last commercial rating most generally ac- cepted throughout the state.
 "Section 6. All corporations 1T this state shall be assessed accord ing to the incorporate value on June l 1st before each biennial session of the legislature. Provided, that all undi- vided profits shal lbe assessed anc placed on the tax book; provided further, that all such corporations shall be registered by the secretary o1 state.
 "Provided, further, that all new cor porations shall at formation be entered on tax books of the state and pay ar annual tax as other assessments.
 "Section '. It shall be the duty of the secretary of state to cause to be prepared a suitable book for the regis tration of all property in the state ot whatsoever nature or kind.
 "Section 8, It shall bo the duty of the county clerk to register in a hook all deeds, mortgaqas and notes of more than five hundred (S590 00) dollars which registration shall be used 1T making up a general tax book of each county. A deed ol r,ortgage shall have been registered when the following facts have been stated: Gr2ntor grantee, dates and true valuation which registration shall re sufficient evidence to prove ownership of all req estate in the state of Arkarsas. Pro. vided that this shall not hinder any proceedings by minors or other persons presenting such evidence aF is neces sary to establish proof of lawful own ership. A note sha1 have been regis tered when the dates, parties, ana amount shall have been noued. Auto mobiles, etc. shall be registered by thC county clerk
 "Section 9. The county clerk shal hold an examination biennially to as certain the qualifications of person; best qualified for township registrars which shall be appointed by the county court. It shall be the duty of tho township registrar to register all hor