I tried Doren's suggestion regarding the Draft folder with my IMAP account and have been using Mail like normal (Sent probably 50 emails) with no issues. Seem's to be a credible work-around. Thanks!
I wanted to clarify, the settings I updated were my GoDaddy IMAP account settings. Important to note because that seems to be a common culprit. For those of you that are wondering what suggestion, here is the quote.....
"The Draft issue sounds plausible and what I've been describing in a few posts as well it does seem to tie in with that behavior. So I ran a few tests and my iCloud account does not seem to be affected (anyone else?), only my IMAP GoDaddy account. I verified that my Draft folder was clean locally and on the server. I was able to trigger it by saving a test Draft but, unfortunately, I was not able to remove the Draft nor after the test email was immediately sent so it continued to sync the Draft folders, I'm guessing, and my only option was to Force+Quit before it locked up my system. Which then left the Draft in the folder. It does appear that we're getting closer to the core issue, alas, still with no real solution yet per se.
Just performed another test. I disabled "Store Draft messages on the server" for my IMAP GoDaddy account and was able to compose an email, save a Draft, and the memory leak did not occur. At least as of yet. If this is the core issue, this might be temp fix? Doesn't help since I really need my Drafts saved on the server, but, at least, I can, possibly, continue to use the app. I'll post updates.
Please let us know if anyone else attempts this and what your results are.
Hopefully it continues to work. Thank you etresoft."
Thanks again Doren....