SWAIN, P.J.
The plaintiff, a fur merchant, insured his stock in trade with the defendant under a "Special Floater Policy" which provided, among other things, "Property in custody of public or common carriers or postal authorities is not covered unless shipped subject to the following conditions: .... B. Railway Express Agency, Inc., .... provided that on each shipping package of a value of $500, or more sent by the Assured .... either (1) a value declaration is made...
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