FCC Reports, Volume 23, July 12, 1957 to December 27, 1957 Page: 266
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266 Federal Communications Commission Reports
dollars, applicant has sufficient resources to construct its station and
operate for a reasonable period of time. This conclusion is reached
without considering: (a) The financial condition of West Georgia's
officers and stockholders as reflected by their financial statements filed
with the application; (b) the commitments by the stockholders "to
personally endorse a note or notes to the extent necessary * * * in the
amount or amounts necessary" to assure the construction and operation
of the station; (c) the additional $5,000, and more if required, which,
according to the application, is available to the applicant from the
Commercial & Exchange Bank, Bremen, Ga.; 6 and (d) the contracts
for the sale of advertising to Bremen merchants which total $56,090.20
during the first year's operation. It is to be noted that protestant has
not disputed the financial condition of the stockholders of applicant,
nor their commitments to assure construction and operation of the
station, nor the commitment of the bank to offer credit to applicant.
While the station may not realize all of the funds evidenced by the
contracts referred to, due to the cancellation provision contained
therein, the response of the Bremen merchants suggests strongly that
they will support the station.
11. As set forth in our findings of fact, it would be inappropriate
for us to reach conclusions on the economic injury issue.
12. In view of the foregoing, we conclude that the public interest,
convenience, and necessity will be served by reinstating and reaffirm-
ing the Commission action of November 2, 1955, granting the appli-
-cation of the West Georgia Broadcasting Co., for a permit to con-
struct a new standard broadcast station at Bremen, Ga., to operate
on the frequency 1440 kc., with power of 500 w., daytime only.
13. It is ordered, this 1st day of August, 1957, that the Commission's
action of November 2, 1955, granting the application of the West
Georgia Broadcasting Co. for a permit to construct a standard broad-
cast station at Bremen, Ga., to operate on the frequency 1440 kc., with
power of 500 w., daytime only, Is reinstated and affirmed.
APPENDIX
RULINGS OF THE COMMISSION ON THE EXCEPTIONS TO THE INITIAL DECISION
Exceptions of the broadcast bureau
.Eception No.
1, 2, 3, 5, 6_____------------ ____ Granted. The decision has been modified
accordingly.
4 --------------------------- This exception is denied because it relates to
the examiner's findings and conclusions on
the economic injury issue. The Commis-
sion is making no findings and conclusions
with respect to this issue, see par. 24,
supra, and this exception to the initial
decision is not material to the remaining
issues.
Exceptions of Carroll Broadcasting Co.
1, 10----- ------ ________-_ Denied as being immaterial to the decision.
2, 12, 14, 15 --__-______ ______ Denied. The decision as modified adequately
reflects the record and the additional find-
ings requested are unnecessary.
6 See footnote 2, supra.
23 F. C. C.
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United States. Federal Communications Commission. FCC Reports, Volume 23, July 12, 1957 to December 27, 1957, report, 1959; Washington D.C.. (https://digital.library.unt.edu/ark:/67531/metadc177303/m1/292/: accessed July 16, 2024), University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu; crediting UNT Libraries Government Documents Department.