MARTIN, Chief Justice.
In the year 1930 there were four radio broadcasting stations located in the state of New Jersey which were sharing time upon the frequency of 1,450 kc., each having a power of 250 watts. These were station WNJ owned and operated by the Radio Investment Company, located at Newark, N. J., station WHOM at Jersey City owned and operated by New Jersey Broadcasting Corporation, station WKBO located at Jersey City, and station WBMS located at Hackensack...
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