Clark Terminals Corp. v. City of New York

In this suit plaintiff seeks to recover $500 heretofore deposited by it with the defendant city, as evidence of good faith, towards the leasing of a city-owned pier as soon as the pier was available for such purpose, and upon such terms and conditions as shall be negotiated and agreed upon between the plaintiff and the defendant.

The city concedes that on or about April 28, 1942 plaintiff delivered $500 to it, which was deposited to the plaintiff’s credit. The lease never came into being, and plaintiff was notified some time in 1947 that the lease would not be made. In 1950 plaintiff filed a…