Park Place Ass'n v. New Orleans City Park Improvement Ass'n

McBRIDE, Judge.

Park Place Association and Edmond G. Miranne instituted this suit seeking to enjoin New Orleans City Park Improvement Association from entering into a proposed contract of lease with New Orleans Pelicans, Inc., the subject of the lease being the stadium in New Orleans City Park. The proposed agreement between said parties is part of the evidence, and it reflects that the term of the lease is from March 15, 1958 to September 15, 1958, at a rental of $10,000 which “shall be placed in escrow at a time and place to be designated by the” lessor. After a trial of the case on the…