Sec.  23.42   License, simultaneous modification and renewal.

   When an application is granted by the Commission necessitating the issuance
   of a modified license less than 60 days prior to the expiration date of the
   license sought to be modified, and an application for renewal of said
   license is granted subsequent or prior thereto (but within 30 days of
   expiration of the present license) the modified license as well as the
   renewal license shall be issued to conform to the combined action of the
   Commission.