2.1. No motor carrier subject to the provisions of Chapter 24-A of the Code of West Virginia, 1931, as amended, shall operate any motor facility upon the highways of this State, and no certificate or permit shall be issued to a motor carrier, or shall remain in force unless and until there shall have been filed with and approved by the Commission a surety bond, policy of "insurance (or certificate of insurance in lieu thereof), qualifications as a self-insurer, or other securities or agreements in not less than the amounts hereinafter prescribed, conditioned to pay, within the amount -of such surety bond, policy of insurance (or. .certificate of insurance in lieu thereof) , qualifications as a self-insurer or other securities or agreements any final judgment recovered against such motor carrier for bodily injuries to or the death of any person resulting from the negligent operation, maintenance, ownership, or use of motor vehicles under such certificate or permit, or for loss or "damage to property of others; nor shall any common carrier by motor vehicle subject to the provisions of . said Chapter 24-A, as amended, operate any motor facility upon the' highways of this State, nor shall any certificate be issued to such carrier, nor remain in force unless and until there shall have been filed with and approved by the Commission a surety bond, policy of insurance (or certificate of insurance in lieu thereof) 7 qualifications as a self-insurer, or other securities or agreements in not less than the amounts hereinafter prescribed, conditioned upon such carrier making compensation to shippers or consignees for" all property belonging to shippers or consignees and coming into the possession of such carrier in connection with its transportation service.