DANIEL S. PEARSON, Judge.
John Mercer Terminal Warehouse Company, Inc. handled, stored and shipped rolls of printing paper for and under an agreement with Editorial America, a publisher and distributor of magazines. Mount Vernon Fire Insurance Company, Inc. insured Mercer under a warehouseman's legal liability policy.
In March 1975, Editorial America first learned that some of its printing paper in Mercer's warehouse had suffered water damage. Editorial advised...
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