Texas and New Orleans Railroad Company v. City of New Orleans by and Through the Public Belt Railroad Commission for the City of New Orleans

JOHN R. BROWN, Circuit Judge.

This appeal tests the correctness of the judgment of the District Court declaring certain rights of the parties to a series of contracts concerning the financing and use of the Huey P. Long Bridge over the Mississippi River. What we write must be read against the immediate backdrop of the trial court’s exhaustive and able opinion. Texas & New Orleans Railroad Company v. City of New Orleans, E.D.La.1960, 185 F.Supp. 85. 1 Our differences, while decisive, are few in number. Save for such reservations, plainly indicated, we are in general accord with that penetrating…