PARAS, C.J.:
Prior to the last war, Nicolas F. Concepcion was granted a certificate of public convenience to establish, operate and maintain a taxicab service composed of 80 units. On account of the failure of Nicolas F. Concepcion to complete the registration of 80 units despite many extensions given to him, the Public Service Commission, in its order of April 13, 1949 in Case No. 1470, amended his certificate by reducing the number of taxicabs which he could operate to 59 units. Subsequently, Nicolas F. Concepcion sold his certificate to Francisco Benitez, Jr. The sale included the right to operate the 59 units. The...
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