William R. Day

“ It shall be the duty of said board to see that all taxable property within the county is assessed and returned at its just and fair valuation and that valuations as between the individual taxpayers are fairly and justly equalized so that each taxpayer shall pay as near as may be, only his proportionate share of taxes. ”

“ It is made the duty of the board to examine the returns of both real and personal property, and if at any time, in the opinion of the board, any taxpayer has omitted from his return any property which should be returned, or has failed to return property at its fair valuation, the board is authorized to correct such returns and assess and fix the fair valuation upon the property. ”

“ The arbitrators could not agree; each adhering to his own view. All the arbitrators believed the assessment too high, but for lack of agreement the arbitration failed, and after 10 days from the date of naming of the arbitrator designated by the board had expired, the statutory requirement that the valuation of the board of assessors should stand affirmed was followed, and the collector demanded payment of the taxes in the sum of $80,640, the valuation fixed by the assessors. ”