Texas & New Orleans Railroad v. City of New Orleans

J. SKELLY WRIGHT, District Judge.

This declaratory action seeks an interpretation of one of several related contracts concerning the financing, construction and operation of the Huey P. Long Bridge across the Mississippi River just above New Orleans. Defendant (“Belt”) is the owner of the bridge; plaintiff (“T&NO”) was originally the only user of the bridge, except for Belt itself; and intervenor (“Terminal”) is now the other user, along with T&NO and Belt. Under the agreements, T&NO makes regular fixed payments to Belt for the use of the bridge and portions of Belt’s tracks. It is conceded by…