MARTIN, Chief Justice.
The appellant, WREC, Inc., owns and operates a broadcasting station with call letters WREC, located at Memphis, Tenn. The station was assigned by the Federal Radio Commission to a frequency of 600 kilocycles, with power of 1,000 watts daytime and 500 watts nighttime operation.
The intervener, the Waterloo Broadcasting Company, Inc., owns and operates a broadcasting station with call letters WMT located at Waterloo, Iowa. This station...
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