The Little River news., 1922-07-15
FOR AMENDMENT NO. 1k AGAINST AMENDMENT NO. V.
PROPosED AMENDMENT NO. 1y TO THH CONST1TUT1oN OF TH0
 QTATM OF ARK ANlAD

rHe1o:nn AxEM1M.Hr s:,.s9sH ,x xo; ,;4 F TO
 BE. # s17aa kHsofvI6' GS Asf11sA. ,; <. .:r:.. and tho house of representatives of th" state of Arkansas. majority of the members of each house agrssing there to:
 That the following ie hereby propos- ed as an amendment to the Constlte: ton of the State of Afkan,as Al ,ns ..c ana tors. of the State for approval or re- tection at the next General Election for, senators and representatives: If 2 majority of the electors voting at said election adopt said amendment. the same shall become part of the Con wit:
 Section l. All personal property locat. ed within any improvement district heretofore or hereafter % organ1zssd1 s1s unaer uta for the purpose of making any local in- provement shall be subject to assess ment and taxation for paying the he. cost f paying the principal and interest of any bonds or evidences or indebtedness is. os o9ea su S St tS %h shs ns esS. Side of an Incorporated town or city th WsS ss. S c0rs osated st hs shan nst. @ ed in esoS of the years during which any ebiisation of such distsief ts. nay os valuation of the personal property within such district as the Court may assm trse R ana xhoY whHn rn an corporated town or city, the Couacla thereof shall. by ordinance duly adopt. sd. levy ana order S9ascseo nhi1sa,on m eesh or of such district may be payable such rate upon assessed valuation of the personal property within said district as the Council may deem proper; but not more than ten per cent of the as, sessed value of any such personal property may be collected for any y,sns one such district during one year. Upon the County Court making such order, or upon Q certified copy of such or dinance being filed with him. the Coun- ty Clerk shall proceed from year to year to extend upon the assessment ot said personal property as same is made and eaualizsd each year year for for county county provided for. and the same shall be charged to the County Collector and by him Song with aua the Ss paid to the officer authorized by law to receive same.
 Section 2 The County Court; when outside of any Incorporated town or city. and the Council, when any such district is located wholly within a city or incorporated town. after an annual tax on personal property for such district Is collected, shall have. power to provids by proper order or I for the pro
 
 ssssment levied against real estate in such district but the total amount of suoh reduction shall not exceed the net amount collected on personal prop erty in such district during the pre- c s:ss..ac ,: Any order ms3 by tn. order made by The Council 1ef an in. psw.a E, of shs sA1c c ss co1:y e s ,s. proper county upon application fer re- view being made not later than ton SsySs :fs:. sh: s ,uS of ordss sss the Circuit. Court upon such applica- ton being heard may confirm. amend. or annul such order or ordinance, as 'uss,Sa sae.,on nay r'sTass The sttu. of personal property for the purposes of taxation lhall, until otherwise provided by the General Assembly. be deemed to be ation for state and county purposes.
 Section 5. Nothing v this Article shall be so construed as to authorize any improvement district now in Zn istsnce to esPend any money or ins E amount now authorized by law.
 Section 6. This Article shall be self executing. and when same shall have been properly declared to have been adopted, 1t shall be deemed to have been in force and effect from tho time It was voted upon by the people; but the General Assembly or the people may enact legislation in aid of this
 Filed in the office of Secretary of State on tho seth day of March, 1921.
 Each eloctor may vote for or against the abeve amandment.
 Witness nay ofneial signature this {Shs aanA day of March. is22,