Dallas County v. Banks
Supreme Court of Arkansas
Appeal from Dallas Circuit Court; Henry W. Wells, Judge; STATEMENT BY THE COURT. The board of equalization of Dallas County, Arkansas, at its regular session, held in Princeton on the second Monday in September, 1907, and subsequent days, raised the assessment of the personal property of appellee by adding to it the amount of one hundred and five thousand dollars, on account of “money invested in bonds, stock, joint stock companies, or otherwise,” which he was required to…
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Appeal from Dallas Circuit Court; Henry W. Wells, Judge; STATEMENT BY THE COURT. The board of equalization of Dallas County, Arkansas, at its regular session, held in Princeton on the second Monday in September, 1907, and subsequent days, raised the assessment of the personal property of appellee by adding to it the amount of one hundred and five thousand dollars, on account of “money invested in bonds, stock, joint stock companies, or otherwise,” which he was required to list for taxes for the year 1907. Appellee petitioned the county court for a reduction of his assessment by striking…
1Opinion of the CourtWood, J.
(after stating the facts). Under section 7004 of Kirby’s Digest, the county boards of equalization may add to or take from the valuation of the personal property of any person returned by the assessor, or which may have been omitted by him, or add other items to it upon such evidence as is satisfactory, whether such return is made upon the oath of such person or upon the valuation of the assessor. Under the above section the equalization board had the authority to add the stock of the appellee in the insurance companies to his personal assessment, if such stock was liable to taxation as…
2Cited by9 opinions
- State ex rel. Norwood v. New York Life InsuranceSupreme Court of Arkansas · 1914
- State ex rel. Attorney General v. Bodcaw Lumber Co.Supreme Court of Arkansas · 1917
- Dallas County v. Home Fire InsuranceSupreme Court of Arkansas · 1911
- First National Bank v. Board of EqualizationSupreme Court of Arkansas · 1909
- Gates v. Bank of Commerce & Trust Co.Supreme Court of Arkansas · 1932
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