National Car Advertising Co. v. Louisville & Nashville Railroad

Keith, P.,

delivered the opinion of the court.

Lovejoy, on the 21st. of March, 1901, entered into an agreement with the Louisville and Nashville Kailroad Company, a corporation created by the State of Kentucky, with its principal office at Louisville, which provides:

“That whereas Lovejoy is desirous of obtaining the exclusive right of using for advertising purposes all box cars controlled by the railroad; and

“Whereas the railroad, for and in consideration of the covenants and agreements herein contained, is willing to grant the said right to Lovejoy;

“Now, therefore, it is mutually agreed and…