DENNY, Justice.
The North Carolina Truck Act, being Chapter 1008 of the Session Laws of North Carolina 1947, in Section 1 thereof, codified as G.S. § 62-121.5, contains a declaration of policy which reads in pertinent part as follows: "* * * that the transportation of property by motor carriers for compensation over the public highways of the State is a business affected with the public interest; that there has been shown a definite public need for the continuation...
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