PICARD, District Judge.
From the stipulated facts in this case it appears that on June 9, 1930, the Ann Arbor Railroad Company, which owned and operated what is now defendant's radio station, was denied a renewal of its license by the Federal Radio Commission (now Federal Communications Commission) on the ground "that public interest, convenience, or necessity would not be served by granting said application."
Defendant, Wabash Radio Corporation, was then...
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