or of the county, such books, in blank, and instructions as may be furnished them by the auditor. They shall also have printed, and deliver to the assessor and collector, such blanks as the provisions of this chapter may direct or contemplatefor the appraisement of personal property and collection of taxes. The auditor of state shall, from time to time, pre pare and transmit to the several county clerks such blank books and instructions as he shall deem necessary to carry into effect the provisions of this chapter, and with the advice of the attorney general, he shall decide all questions which may arise as to the true construction of this chapter, or in relation to any tax levied, or proceeding under the same; subject, however, in all cases, to an appeal to the Supreme Court.

SEC. 43. The expense of procuring such blank books as are required by the provisions of this chapter, shall be paid out of the state treasury, on the warrant of the state auditor. The expense of procuring the blank statements shall be certified to by the clerk, under the seal of his office, which certificate shall be forwarded to the state auditor, who shall draw a warrant on the state treasurer in favor of the person printing the same, for the amount certified to be due: Provided, That the expense of printing said statements shall in no instance exceed one dollar per quire.

SEC. 44. The assessor shall, between the first Monday in May and the thirty-first day of July, cause printed notices to beposted up in at least five of the most public places in each township, town or city throughout the county, stating on what day the assessor or his deputy will attend at the place of holding elections in each township, city or town, and the assessor or his deputy shall attend on the days specified in the notice, for the purpose aforesaid; and thereafter he shall attend at his office, at the county seat, until the thirty-first day of August in each year, and assess the property of all persons who failed to meet him at the places designated in his notices. He shall deliver to each person resident in his county, of full age and sound mind, a printed notice, as is prescribed in section ten of this chapter; and the assessor shall, at the time he delivers

such statement and notice, receive from such person a statement of his or her personal property, moneys, credits, investments in bonds, stocks, joint stock companies or otherwise; if such person shall require further time to make out such statement, the person requiring further time shall complete the same, and deliver it to the assessor before the thirty-first day of August thereafter. The oath required by sections nine and cleven of this chapter, shall be administered by the assessor at the time of the reception of the statement required by those sections.

SEC. 45. In every case, where any person shall refuse or neglect to make out and deliver to the assessor a statement of personal property, moneys and credits, investments in bonds, stocks, joint stock companies, or otherwise, as provided by this chapter, or shall refuse or neglect to take and subscribe an oath or affirmation, as to the truth of such statement, or any part thereof, which he is by the provisions of this chapter required to verify; or, in case of the sickness or absence of such person, the assessor shall, in every such case, proceed to ascertain the number of each description of the several articles of personal property enumerated in section ten of this chapter, and the value thereof, the value of personal property subject to taxation, other than enumerated articles, and the value of the moneys and credits, investments in bonds, stocks, joint stock companies or otherwise, of which a statement shall not have been made to said assessor, as by this chapter required; and, to enable him to do so, he is hereby authorized to examine, on oath or affirmation, any person or persons whom he may suppose to have a knowledge of the articles or the value of the personal property, moneys, credits, investments in bonds, stocks, joint stock companies or otherwise, which the person so refusing, or absent, or sick, was required to list.

SEC. 46. In all cases in which the assessor is required, in consequence of sickness or absence of the person whose duty it is to make out a statement of personal property, moneys, credits, investments in bonds, stocks, joint stock companies or otherwise, or in consequence of his neglect or refusal to make

out, or to be sworn to, such statement, to ascertain the several items and value thereof, the assessor, if he shall be unable to obtain positive evidence, shall return such articles and value as, from general reputation and his knowledge of the facts and circumstances, he believes to be a correct list of the articles and value thereof that such person would be by this chapter required to list.

SEC. 47. Each assessor shall, on or before the third Monday in September in each year, make out and deliver to the county clerk of his county, in tabular form and alphabetical order, a list or lists of the names of the several persons, companies,. or corporations, in whose name any personal property, moneys, credits, investments in bonds, stocks, joint stock companies or otherwise, shall have been listed in his county; and he shall enter separately, in appropriate columns, opposite each name, the aggregate value of the several species of personal property enumerated in the tenth section of this chapter, making separate lists of persons residing out of an incorporated city, town or village, and of persons who are residents of any incorporated city, town or village. The columns shall be accurately added up; and in every case, where any person whose duty it is to list any personal property, moneys, credits, investments in bonds, joint stock companies or otherwise, for taxation, shall have refused or neglected to list the same when called on for that purpose by the assessor, or to take and subscribe an oath or affirmation in regard to the truth of his statements of personal property, moneys, credits, investments in bonds, stocks, joint stock companies or otherwise, when required by the assessor, he shall enter opposite the name of such person, in an appropriate column, "refused to list," or "refused to swear," as the case may be. In every case where any person required to list property for taxtion shall have been absent, or unable, from sickness, to list the same, the assessor shall enter opposite the name of such person, in an appropriate column, the word "absent," or "sick," as the case may be. To which return said assessor shall be required to make oath in the following words: "I, assessor for the

county of

and State of Arkansas, being duly sworn,

make oath and say, that I have made diligent efforts to ascertain all the taxable property being, or situate, or subject to taxation in the county of -- ; that so far as I have been able to ascertain the same, it is correctly set forth in the foregoing return, and that the property therein mentioned is not appraised at less than its true value in money. So help me God.

"Sworn to and subscribed before me, this 18

Assessor."

-day of County clerk." he is required by

SEC. 48. Each assessor shall, at the time this chapter to make his return of taxable property to the county clerk, also deliver to him all the statements of property which he shall have received from persons required to list the same, arranged in alphabetical order, and the county clerk shall carefully preserve the same in his office for two years.

SEC. 49. Each assessor shall, at the time of taking a list of personal property, also take a list of all real property situate in his county that shall have become subject to taxation since the last previous listing of property therein, with the value thereof, estimated agreeably to the rules prescribed in section fifty of this chapter, and of all new buildings or other structures of any kind, over one hundred dollars in value, the value of which shall not have been previously added to, or included in, the valuation of the land on which structures have been erected; and shall make return thereof to the county clerk at the same time he is required by the provisions of this chapter to make his return of personal property to the county clerk. He shall describe the tract or lot of real property on which each of such structures shall have been erected, the kind of structure so erected, and the true value thereof; and in case of the destruction by fire, flood, or otherwise, of any building or structure of any kind, over one hundred dollars in value, which shall have been erected previous to the last valuation of the land on which the same shall have stood, or the value of which shall have been added to any former valuation of such land, the assessor shall determine, as near as

practicable, the value of such structure, and make return thereof to the county clerk, as in this section provided, and the value in money of such lots of any town, or addition to any city or town, as may have been laid out in lots since the last appraisement, and make return at the time in the manner hereinbefore indicated.

SEC. 50. Each separate parcel of real property shall be valued at its true value in money, excluding the value of the crops growing thereon; but the price for which such real estate would sell at auction, or at a forced sale, shall not be taken as the criterion of such true value. Personal property of every description shall be valued at the usual selling price of similar property, at the time of listing, at the place where the same may then be; if that class or description of property shall have no well-fixed or determined value in the locality at the time, then the same shall be appraised at such price as it is believed could be obtained therefor in money at such time and place. Investments in bonds, stocks, joint stock companies or otherwise, shall be valued at the value in money, and the quotations or usual selling price may be heard in determining the value. Money, whether in possession or on deposit, shall be entered in the statement at the full amount thereof. Every credit for a sum certain, payable either in money, property of any kind, labor or services, shall be valued at the full price of the sum so payable; if for a specific article, or for a specified number or quantity of any article or articles of property, or for a certain amount of labor, or for services of any kind, it shall be valued at the current price of such property, or of such labor or service at the place where payable. Annuities, or moneys receivable at stated periods, shall be valued at the price which the same may be worth in money. Where the fee of the soil of any tract, parcel or lot of land is in any person or persons, natural or artificial, and the right to any minerals therein in another or others, the same shall be valued and listed agreeably to such ownership, in separate entries, and taxed to the parties owning the same, respectively.

SEC. 51. If any person, whose duty it shall be to make a