Section 23-11-505 - List of lands conveyed - Assessment(a) It shall be the duty of the Commissioner of State Lands, immediately upon the execution of any conveyance conveying lands to any railroad company, to make a list of the lands conveyed and send the list of the lands conveyed to the assessor of the county in which the lands are situated.(b) The assessor shall at the next assessment assess the lands for taxation as the property of the railroad company in the same manner that other lands are assessed.Acts 1883, No. 26, § 3, p. 47; C. & M. Dig., § 8457; Pope's Dig., § 11031; A.S.A. 1947, § 73-505.