GEORGE ROSE SMITH, Justice.
In 1963 the city of Hot Springs, by a resolution of the city council, approved a five-year franchise that granted to Virgil East an exclusive concession for the operation of a limousine cab service at the municipally owned airport. East later assigned the franchise to the appellant Bridges. Yellow Cab Company, Inc., brought this suit to enjoin the city from interfering with Yellow Cab's asserted right to maintain a cab stand at the airport...
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