MEMORANDUM OPINION
IRWIN J. SILVERLIGHT, District Judge.
This case is before the court on motion of defendant for summary judgment under Rule 56, Fed.R.Civ.P. From the depositions, affidavits, and exhibits of the parties the court finds the following facts, for the purpose of the instant motion.
In February, 1977, plaintiff, owner of the Caravelle Hotel located in Christiansted, St. Croix, purchased from defendant a standard flood insurance policy...
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